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Dealing With Bad Debts

Tuesday, March 28, 2017

Banks are working to reduce their non-performing loan rates, through debt restructuring or selling off bad debts.

. tempo : 173231307752.

KARTIKO Wirjoatmodjo did not mince words when he spoke about Bank Mandiri's financial report. Last week, the CEO of this state-owned bank recognized that the high level of non-performing loans (NPLs) last year was the result of overly-aggressive lending to middle-income customers. "Or exposure in this segment was oversized. We are currently taking care of this," said Kartiko, interviewed by Tempo in his office.

The performance of Bank Mandiri decli

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