JAKARTA (Yosefardi) – PT Bank Mutiara Tbk (BCIC) has restructured its non performing loan (NPL) of Rp135.8 billion as of first quarter of this year, representing 25% of total outstanding NPL (Rp1.01 trillion).

Some debtors paid the loan to Bank Mutiara by installments are Selalang Prima International, Polymer Spectrum Sentosa, Trio Irama, Akasia Prima, and Cahaya Adiputra Sentosa.

Other debtors yet to pay their debts to Bank Mutiara include Tranka Kabel, Sentra Ideologis, Catur Karya Manunggal, Millenium Anugerah Sakti, and Enerindo Resources.

By first quarter of this year, BCIC’s capital adequacy ratio (CAR) stood at 14.06% and NPL was 3.6%. Third party funds totaled Rp11.2 trillion while credits amounted Rp10.2 trillion. The bank booked profit of Rp12.1 billion in first quarter of this year.