Astra Credit Companies Maintains NPF Control Through Prudent Risk Management

Strategic Approach to Year-End Financing

Astra Credit Companies (ACC), known for its multifinance services, is taking proactive measures to maintain control over its Non Performing Financing (NPF) levels during the year-end period when financing activities typically surge. The company's Executive Vice President of Corporate Communication & Strategy, Riadi Prasodjo, emphasized that ACC is implementing a prudent risk management strategy through regular credit evaluations and continuous portfolio monitoring.

Key Risk Management Measures

ACC's approach includes:

1. Regular credit evaluations to assess borrower capability
2. Continuous portfolio monitoring to identify potential issues early
3. Maintaining a strong focus on prudence in all financing decisions
4. Active situation monitoring to anticipate market changes

Leadership Perspective

Riadi Prasodjo stated that these measures are designed to maintain the quality of the company's financing portfolio, particularly during the year-end period when multifinance companies typically increase their financing activities. He emphasized that ACC remains committed to maintaining healthy financing quality through these proactive measures.

Market Context

The multifinance sector often experiences increased activity during the year-end period as consumers and businesses seek financing for various needs. ACC's strategic approach to risk management positions the company to navigate this potentially challenging period while maintaining its commitment to financial prudence and portfolio health.