Things Debtors Should Know When the Bank Conducts Foreclosure (AYDA)
Based on Article 1 number 15 of Bank Indonesia Regulation Number 14/15/PBI/2012 concerning Asset Quality Assessment for Commercial Banks, Foreclosure (“AYDA”) is defined as assets acquired by the Bank, either through auction or outside of auction based on voluntary surrender by the owner of the collateral or based on the authority to sell outside of...
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