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MBA Consult purchased a IDR236 billion worth non-performing loan (NPL) portfolio from one of the major Indonesian financial institutions
This end of September, MBA Consult closed a deal amounting to IDR236 billion with one of the major players in the Indonesian financial market. This recent deal brought the total portfolio of acquired debt in the Indonesian market to more than IDR1500 billion.
“We see our responsibility in helping common people to become debt free. By purchasing NPL portfolios in this tough time, we enable financial market players of Indonesia to manage bad loans, and common people to gain financial stability by creating individual debt repayment plans. On the state level, such deals improve financial stability of a country’s population, increase capital resources for lending and strengthen a country’s economic growth”, – commented Viktor Vodenko, the Global CEO of MBA Consult.
