Business Performance
Towards 25th Anniversary
BAM is ready to support the financial institutions systemin the revival of distressed assets to drive Thai economy and society towards sustainable growth.
Non-performing Loans
Income from NPLs Q4/2023 increased QoQ and income from NPLs Y2023 saw weaker results compared to Y2022, indicating a decrease in debtors’ ability to repay debts
Non-performing Assets
Income from NPAs Y2023 remained stable compared to Y2022
Expenses and Others
Total operating expenses increased resulting from interest expenses on debentures and borrowings and expenses for appraisal of collateral and properties for sale.
Collection Proportions 2023
Non-performing Loans
NPLs Collection
Million Baht
NPLs Collection
Non-performing Assets
NPAs Collection
Million Baht
NPAs Collection
2024F
Collection Target
Million Baht
| 2021 | 2022 | 2023 | 2024F | |
|---|---|---|---|---|
| NPLs | 8,719 | 10,115 | 8,452 | 10,000 |
| NPAs | 7,276 | 6,836 | 6,698 | 10,000 |
| Total Collection | 15,995 | 16,951 | 15,150 | 20,000 |
| Unit : Million Baht | Q3/2023 | Q4/2023 | %QoQ | 2023 |
|---|---|---|---|---|
| Operating Income | ||||
| Income from Loans Purchased of Receivables (NPLs) | 1,252 | 1,468 | 0.17 | 5,225 |
| Income from Sale of Properties for Sale (NPAs) | 761 | 623 | (0.18) | 2,759 |
| Other Operating Income | 58 | 59 | 0.02 | 226 |
| Total Operating Income | 2,071 | 2,150 | 0.04 | 8,210 |
| Operating Expenses | 777 | 826 | 0.06 | 3,029 |
| Interest Expenses | 736 | 756 | 0.03 | 2,908 |
| Total Operating Expenses | 1,513 | 1,582 | 0.05 | 5,937 |
| Profits Before Income Tax and ECL | 558 | 568 | 0.02 | 2,273 |
| Expected Credit Losses (Additional) | 90 | 29 | (0.68) | 430 |
| Total Income Tax | 84 | 80 | (0.05) | 309 |
| Net Profit | 383 | 459 | 0.20 | 1,534 |
Note:
- This abridged version does not show interest income – part of accrued and ECL from loans purchased of receivables.
- The summation of some figures may not add up due to rounding