NPLs on the Rise - Cover Story - magz.tempo.co

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NPLs on the Rise

Tuesday, March 28, 2017

Non-performing loans in the national banking industry show signs of increasing. The rate of defaulting loans could double.

. tempo : 173494691523.

Muhammad Suhada has had enough with short-term loans from informal or individual lenders. Because of such loans, this CEO of Malia Sahid is carrying a debt burden with a 5-7 percent interest per month. He was forced to apply for a loan to an informal lender of up to billions of rupiah because he needed fresh funds to expand a property project he was working on.

He needed additional funds to cover operational costs, such as paying the wages of c

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