OUR BUSINESS
Asset Management Business
WHAT IS IT?
Bogat Asset Management operates in the business of managing low-quality assets acquired or transferred, such as Non-Preforming Loans (NPSLs), from comercial banks or other asset management companies and legal entities under the Asset Management Act.
BUSINESS PURPOSE
To manage and restructure debts with the objective of jointly addressing debtor issues, enabling them to efficiently resolve overdue debts and continue their business operations effectively.
In addition, the company performs in managing awaiting-for-sale asset (Non-Performing Asset or NPAs) by improving and modifying its sites.
The company has obtained a license to operate as an ‘Asset Management Company’, which is considered a financial institution under a supervision of the Bank of Thailand. The company is authorized to conduct business in accordance with the regulations stipulated in the Asset Management Company Act of 1998 and has commenced investments in managing both secured and unsecured low-quality asset.