Bangkok Commercial Asset Management Public Company Limited was established according to the government’s policy on rehabilitation and development of financial institutions with the consent of the cabinet on August 14, 1998. Its initial working capital was 54,700 million baht and then reduced from 100 baht per share to 25 baht per share. Now its working capital has left to 13,675 million baht. The main objective of BAM’s establishment is to manage distressed Assets of BBC. Bangkok Commercial Asset Management Public Company Limited was formerly known as Bangkok Commercial Asset Management Company Limited.