SDB achieves major progress in recovering Non-Performing Loans

By SANDRA SOKIAL

KOTA KINABALU: Wholly state-owned is confident in recovering its RM5bil in Non-Performing Loans (NPLs) within the next three years.

Since the new Board and Management took charge in mid-2023, the bank has implemented aggressive legal actions, including the appointment of Receivers and Managers, targeting both borrowers and guarantors.

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Sabah , SDB , Sabah Development Bank , Non-performing loans , NPL , RM5bil , Recovery

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