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A government agency under the supervision of the Bank of Thailand, SAM carries out the important mission of managing non-performing assets within the financial institution system. It serves as one of the government’s mechanisms to support the resolution, development, and recovery of the national economy by providing opportunities for SAM’s clients to negotiate debt restructuring, as well as for interested parties to acquire second-hand real estate, or “non-performing assets,” enabling Thai people to own homes for residence or acquire properties for investment in prime locations nationwide. In addition, SAM offers opportunities for clients burdened with non-performing credit card debt, cash card debt, and personal loans to ease their financial obligations under the “Debt Clinic by SAM” program.
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