SAM Expands Debt Relief Measures for Flood-Affected Customers
Sukhumvit Asset Management (SAM) has introduced a three-month debt suspension program for customers impacted by recent flooding across 22 provinces.
According to a report by Khaosod Online, Sukhumvit Asset Management (SAM) has expanded its debt relief measures to assist customers affected by the ongoing flooding in Thailand. Managing Director Nartnaree Rattapat stated that the initiative aims to help individuals recover from the impact of floods on their homes, livelihoods, and occupations.
This new relief program follows a previous measure implemented in late September 2026 for 50 districts in Bangkok. The current expansion covers 119 districts across 22 provinces, as designated by the Department of Disaster Prevention and Mitigation (DDPM), with provisions to include additional areas as they are officially declared flood-affected.
Eligible customers—specifically those currently under debt restructuring contracts or those with payment arrears not exceeding 90 days—may suspend both principal and interest payments for up to three months. Following this period, SAM will allow for partial debt repayment based on the customer's actual financial capacity for up to six months.
For residents and those with financial obligations in Thailand, this measure provides temporary liquidity during the recovery phase. However, customers should note that interest accrued during the suspension period and interest accumulated since the last payment date will be subject to specific terms. It remains to be confirmed how individual applicants should formally register for this relief and what specific documentation will be required by SAM to verify eligibility.
