KOTA KINABALU: Sabah Development Bank has taken significant measures to deal with bad loans inherited by the state-owned bank, says the state Finance Minister.
Masidi said the non-performing loans garnered by the bank amounted to RM4.89bil as of September this year. He said that with additional proposals expected to be finalised soon, SDBank is forecasted to achieve a recovery amount of over RM1bil by the end of this year. Masidi said the bank has also appointed receivers and managers for six non-performing loan borrowers, amounting to RM601mil, and liquidators for nine non-performing loan borrowers, amounting to RM1.562bil.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite: