Name of Institution

Debt and Asset Management State Sole Co., LTD (SAMC)

Country

Lao, PDR (LAO)

Background

SAMC was officially established on August 25, 2023, during the challenging economic conditions following the COVID‑19 outbreak. It originated from the Asset Management Center of the Bank of the Lao PDR, which was transformed into a legal entity to strengthen debt and asset resolution efforts.

Role and Mandate

SAMC is a state‑owned enterprise, wholly owned by the Ministry of Finance and supervised by the Bank of the Lao PDR. Its core mandate is the acquisition, restructuring, and resolution of non‑performing loans (NPLs) and non‑performing assets (NPAs) from financial institutions nationwide. The company operates under strict governance, applying transparent valuation, recovery, and disposal procedures, while emphasizing compliance with international best practices and staff training.

Vision

SAMC aims to evolve into a professional, modern institution capable of regional and international integration, positioning itself as a key player in strengthening the financial system of Lao PDR.

Organizational Structure

SAMC has a 7‑member Board of Directors representing key government and professional institutions, supported by a 3‑member Audit Committee. The workforce totals 62 employees, including directors, department heads, and technical staff. Its six departments cover:

   - Administration & Personnel
   - Accounting & IT
   - Marketing & Capital Management
   - Debt Collection
   - Debt Resolution & Asset Management
   - Internal Audit

Shareholder
100% ownership by the Ministry of Finance (supervised by the Bank of the Lao PDR)

Member Since: 2026

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Key Officer
Thipphavanh Chanthapasouk
Director General

Contact Us
Debt and Asset Management State Sole Co., LTD (SAMC)
Address: Chommary Village
Xaysetta District, Vientiane Capital
Lao PDR
Website: http://www.samc.com.la