- ANTARA/Rosa Panggabean
VIVAnews – President Director of PT Bank Mutiara Tbk, Maryono, said that in 2011, the bank’s troubled assets completed were worth Rp750 billion. Since its take-over by the national Deposit Insurance Agency (LPS), the troubled assets are 38% completed.
Maryono explained that when Bank Mutiara, previously known as Bank Century, was taken over by LPS, the total value of the troubled assets reached Rp6.5 trillion. The resolved assets since the take-over until December 2011 have reached 38% or Rp2.5 trillion.
Several unresolved assets are securities worth Rp 2.8 trillion. “To solve this, we are taking legal actions,” Maryono said in Jakarta, on Wednesday, Dec 28.
Meanwhile, other troubled assets such as loans and letter of credit (L/C), have reached 50% of completion. For troubled credits worth Rp1.6 trillion, Rp 800 billion was recovered.
“Meanwhile, for troubled L/C of Rp1.7 trillion, we managed to recover Rp900 billion,” he said.
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