Scheme targets NPLs from state banks
A grilled chicken vendor near the Chao Pho Suea Shrine in Phra Nakhon, Bangkok. The second phase of a scheme to resolve non-performing loans held by state-owned banks is being prepared by Ari AMC. (Photo: Apichart Jinakul)
Ari Asset Management Co (Ari AMC), a joint venture asset management company, is preparing to launch the second phase of the "Clear Debt, Move Forward" scheme aimed at resolving bad debts held by state-owned banks.Established through a partnership between Bangkok Commercial Asset Management and Government Savings Bank (GSB), Ari AMC is coordinating with the Finance Ministry to implement the next phase of the government's household debt resolution programme.
The company is also evaluating the pricing framework for acquiring non-performing loans (NPLs) from specialised financial institutions (SFIs). Greater clarity on the acquisition structure is expected within three months, while full-scale operations are anticipated to commence in the third quarter of 2026, according to chief executive Suntis Wattanakul.
Under the second phase of the scheme, Ari AMC plans to purchase NPLs from nearly all SFIs, including GSB, SME Development Bank of Thailand, Export-Import Bank of Thailand and Thai Credit Guarantee Corporation, but excluding the Bank for Agriculture and Agricultural Cooperatives.
