Optimize Asset Recovery, Bank Jatim Establishes Synergy with East Java DJKN
Date: 05 may 2025Categories :
SURABAYA, May 5, 2025. PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim) has signed a memorandum of understanding cooperation agreement with the Regional Office of the Directorate General of State Assets (DJKN) East Java. The signed agreement is regarding the Increase in Intensity of Execution Auctions for Mortgage Right Objects in accordance with Article 6 of the Mortgage Law and Execution Auctions for Fiduciary Guarantee Objects in accordance with Article 29 of the Fiduciary Guarantee Law. Located in the Bromo Room of the Bank Jatim Head Office, the agreement was signed by Bank Jatim Risk Management Director Eko Susetyono and the Head of the East Java Regional Office of the Directorate General of State Assets, Dudung Rudi Hendratna, on Monday (7/5).
Eko explained that the scope of this agreement includes several matters. Among others, increasing the intensity of the execution auctions of mortgage objects according to Article 6 of the UUHT and execution auctions of fiduciary guarantee objects according to Article 29 of the UUJF, optimizing the document verification process and auction determination, as well as monitoring and evaluating developments and/or obstacles in the implementation of the optimization of execution auctions of mortgage objects according to Article 6 of the UUHT and execution auctions of fiduciary guarantee objects according to Article 29 of the UUJF.
”All of this aims at optimizing execution auctions. We can convey that this cooperation with DJKN is one of the efforts to strengthen the collaboration and cooperation that has already been well-established between Bank Jatim and the East Java Regional Office of DJKN,” he said.
In addition, the cooperation agreement, which has a term of three years, is also to support the company's efforts to suppress the Non-Performing Loan (NPL) ratio. According to Eko, cooperation with DJKN is one of the effective solutions to obtain the best and safest asset recovery because the auction process is carried out by utilizing information technology and in accordance with applicable legal provisions.
Eko added that the implementation of effective and efficient execution auctions is also a major hope for Bank Jatim. This is because the implementation of these execution auctions is not only one of the strategies for settling banking receivables. Rather, the bank will also obtain credit recovery from the auction.
”We hope this synergy can be executed well through coordination and communication at the technical level. We also highly hope that the implementation of this good cooperation can continue to be maintained so that the performance of each institution in the future will be more effective and efficient,” he asserted.
Meanwhile, Dudung Rudi Hendratna expressed his appreciation to Bank Jatim for taking the initiative to organize the event. ”This cooperation can further strengthen the synergy between DJKN and Bank Jatim in order to improve the quality of mortgage auction services,” he said.
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
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