Getting Rid of Red Reports
January 5, 2010
FOR years Bank Mandiri has been straddled by "big fish" debtors. Because of their behavior, the non-performing loans ratio of this state-owned bank has piled up. The value has even reached as much as Rp17 trillion. Several methods have been carried out by Mandiri's board of directors, from publicizing the names of bad debtors to taking cases to court. These methods have been for the sake of getting rid of the bank's red reports.
NPLs (2005-2009)
Decemb