10 Dec 2019 12:19 (3 hari 23 jam lalu) -
JAKARTA - In order to reduce its non-performing loans (NPL) ratio, PT Bank Mayapada Internasional Tbk. continue to write off such loans. According to Business Director of Bank Mayapada, Andreas Wiryanto, the write off is done specifically to loans made by customers who have low repayment prospects. "Credit written off by Bank Mayapada in October 2019 reached Rp 423 million," he said as quoted by Bisnis on Tuesday (10/12). Thus, he continued, throughout the last 12 months, the company had written off Rp 6.7 billion worth of credit with an average of Rp 513 million per month. "Roughly in the last 12 months, the bank has written off 0.51% of ...