IDMN United Pte Ltd acquired Non-performing loan (NPL) and risky credit of PT Bank KB Bukopin Tbk (IDX:BBKP) from IDR 2.65 trillion on June 21, 2022. This non-performing loan (NPL) and risky credit (Loan at Risk/LAR) was of worth IDR 4.13 trillion. these non-performing assets were sold in exchange for private bonds worth $180 million with a five-year tenor. “The bonds are paid semi-annually with a coupon of 2% per annum for the first and second year, 3% per annum for the third year, 4% per annum for the fourth and fifth year. This transaction is 31.31% of the company's equity dated December 2021. The sale will improve the financial condition of the company and help to build a more solid risk portfolio and transaction will cut down NPL to 4.94% and LAR to 3.60% by the end of 2022 from 10.66% and 4.91%, respectively, in December 2021.

IDMN United Pte Ltd completed the acquisition of Non-performing loan (NPL) and risky credit of PT Bank KB Bukopin Tbk (IDX:BBKP) on June 21, 2022.