NPAs offer value for investors, says KTB
- Published: 21 Mar 2013 at 00.00
- Newspaper section: Business
Non-performing assets (NPAs), especially properties near borders and logistics development areas, are likely to be attractive for investors this year due to their low prices, says Suchart Dejittirut, executive vice-president of Krungthai Bank (KTB).
Mr Suchart, also director for credit restructuring and asset management, suggested investors tap the opportunity before NPA prices rise in line with demand.
"Investment in NPAs is becoming popular given it is about 10% cheaper than investing in new property," he said.
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