TEMPO.CO, Jakarta – President Director of PT Bank Central Asia Tbk. or BCA Jahja Setiaatmadja said there were a number of debtors who failed to pay in the program credit restructuring. BCA is still continuing to record and further calculate the number of debtors who are thought to have failed to pay their debts.
“If there are those who fail, there will be, only those who don’t know a little or not,” said Jahja when contacted, Wednesday, September 16, 2020.
The company, said Jahja, has implemented a number of different strategies to prevent customers from failing after getting restructured. BCA also has not been able to project the extent to which the increase in the ratio of non-performing loans will increase when the restructuring ends.
This is because the OJK plans to extend the restructuring policy until 2022. “You can’t tell the different ways per customer. Like a doctor whose patients have different illnesses, the medicine is also different,” said Jahja.
Throughout March to June 2020, BCA has processed credit restructuring applications worth Rp 115 trillion. This figure is equivalent to 20 percent of the total loan portfolio originating from 118,000 customers. As of June 30, 2020, total loans that had been restructured were recorded at IDR 69.3 trillion or 12 percent of the total loan portfolio.