Firm revels in bad loans | Bangkok Post: business

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Firm revels in bad loans

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JMT Network Services, which specialises in retail debt-collection and legal services, says increasing bad debts in the non-bank sector will help support its business growth. 

CEO Piya Pong-acha said more bad debts bring about more opportunities to buy cheap non-performing assets.

Low-priced assets not only cover default risk but also push up profit.

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