Economy
SAM and Taling Chan Civil Court Launch Debt Relief Initiative
Sukhumvit Asset Management (SAM) is hosting a debt resolution event on September 19-20, 2026, offering NPL relief for residents in specific Bangkok and Nonthaburi areas.
Sukhumvit Asset Management (SAM), in collaboration with the Taling Chan Civil Court, has announced the third installment of its 'Fast Debt Settlement, Move Forward' initiative. The event is scheduled for September 19-20, 2026, and aims to assist individuals struggling with non-performing loans (NPLs).
Targeting residents in the Bang Phlat, Thawi Watthana, and Taling Chan districts of Bangkok, as well as those in Nonthaburi province, the program is specifically designed for debtors with outstanding balances of 100,000 THB or less. Participants are offered two primary options: a 'Pay, Close, Finish' plan that provides a 50% reduction on the principal amount, or an interest-free installment plan that reduces the principal by 30%.
For residents, this initiative represents a significant opportunity to restructure personal finances and clear bad debt records. SAM has noted that these terms are currently available, though they cautioned that conditions may be subject to change by 2027.
While this event provides a structured path for debt resolution, individuals interested in participating should verify their eligibility directly with SAM representatives at the event. It remains to be confirmed how many participants can be accommodated during the two-day window and whether similar programs will be expanded to other regions in the future. This initiative is part of a broader effort to address household debt levels in Thailand.