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
