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News Update

J Trust Bank-JTII Partnership in Asset Management Unit Business

Category : Corporate

Friday, 09 Feb 2018

PT Bank JTrust Indonesia Tbk. (J Trust Bank) cooperates with PT JTrust Investments Indonesia (JTII) to manage Non Performing Loan (NPL). JTII is a subsidiary of J Trust Co., Ltd., a holding company of J Trust Bank headquartered in Japan, which engages in Asset Management Unit (AMU) business that collects and manages NPL purchased from J Trust Bank.

 

Besides in Indonesia through JTII, J Trust Group is also successfully running AMU business in South Korea. J Trust Bank expects preferable result in Recovery Rate from this partnership since the AMU business focus on maximizing the selling Recovery Rate of NPL.

 

(Source: Infobank)

 

By: aqi

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