BAM offers 3-month debt suspension for Nan flood victims

Prachachat•Economy•5d ago

Reader Briefing

BAM implements a three-month debt payment suspension to assist customers affected by flooding in Nan Province.

•BAM is providing a 3-month debt payment suspension for affected customers in Nan Province.
•The measure covers customers undergoing debt restructuring and those paying for BAM's non-performing assets in installments.
•BAM has ordered local offices to conduct damage surveys to determine assistance on a case-by-case basis.

Overview

•BAM implemented a 3-month debt payment suspension measure for customers affected by floods in Nan Province.
•BAM ordered local offices in the area to accelerate damage surveys regarding residences, professional areas, and daily living capabilities.
•The debt suspension aims to reduce financial burdens and alleviate hardship while customers restore their homes and occupations.
•BAM will consider assistance on a case-by-case basis based on the level of damage and appropriateness.
•Data from local damage surveys will be submitted to the BAM head office for urgent consideration of assistance.
•Dr. Rak stated that BAM is concerned for families affected by the floods in Nan Province and wants to provide targeted help.
•The measure applies to both debt restructuring customers and those purchasing BAM's assets via installment plans.

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Source: Prachachat (Original)

Key Quotes

Dr. Rak

"BAM is concerned for every customer and family affected by the flood situation in Nan Province, and has therefore issued a 3-month debt suspension measure."

BAM มีความห่วงใยลูกค้าและประชาชนทุกครอบครัวที่ได้รับผลกระทบจากสถานการณ์น้ำท่วมในจังหวัดน่าน จึงได้ออกมาตรการพักชำระหนี้ 3 เดือน

Key Entities

Organization

BAM

An organization providing debt payment suspension and damage surveys for flood-affected customers in Nan Province.

Place

Nan Province(จ.น่าน)ℹ️

The area where customers have been affected by flooding.

Person

Dr. Rak(ดร.รักษ์)

A representative of BAM who expressed concern for flood victims in Nan Province.