Data-driven insights from the partnership will enable Collectius to tailor payment arrangements for customers to improve their credit ratings and become debt-free.
August 12, 2020: Jakarta, Indonesia: PT Collectius Asset Management, the Singapore-based pan-Asian pioneer in debt management, announces a partnership with Indonesian leading credit bureau, PEFINDO Credit Bureau also known as IdScore. The new membership allows Collectius to tap information from the bureau and offer the most suitable and effective payment arrangements for customers.
A trusted credit management servicing company, Collectius continues to strengthen its position as the preferred debt purchaser of consumer non-performing loans (NPLs) in the ASEAN region. Founded with a people-first mentality, its partnership with IdScore is the latest initiative in the company’s strategy to employ innovative tools and data-driven insights to support customers improve their credit score and eventually become debt-free.
Kian Foh Then, Group Chief Operating Officer of Collectius, explains, “COVID-19 has created many challenges for businesses as well as individuals. We are committed to utilising the best tools, data and research available to devise workable repayment plans so that our customers in Indonesia can become debt-free. Our goal is to support them in improving their credit scoring so that they can live a more financially resilient life.”
Yohanes Arts Abimanyu, President Director, PEFINDO Credit Bureau said “We appreciate the trust and co-operation demonstrated by PT Collectius Asset Management in actualizing this valuable partnership. We hope our services can offer more enhanced payment solutions to their customers and accelerate business growth through effective and measurable risk management”.
Collectius is a trusted restructuring partner to banks and financial institutions in Asia with operations in Indonesia, Philippines, Singapore, Malaysia, and Thailand. Its business is to purchase portfolios of non-performing consumer loans and recover them by supporting its customers to become debt-free using the ''Collectius way of collection.'' The company is offering a customer-centric approach and operates a data-driven collection platform powered by machine learning and digital first communication. Collectius is bringing foreign direct investment, providing employment opportunities and high-quality training of its staff. Collectius is majority-owned by the two founders Gustav A. Eriksson and Ivar Bjorklund, with the remaining owned by Stena AB and Formica Capital. Stena is one of the largest family-owned companies in Sweden having global operations in Ferry Operations, Offshore Drilling, Shipping, Property, Finance and New Business. Formica is an investment company focused on impact investing and is a related company to Stena family office.
About PEFINDO Credit Bureau
PEFINDO Credit Bureau also known as IdScore is a Credit Bureau (LPIP) as referred to in Central Bank of Indonesia Regulation (PBI) No. 15/1/PBI/2013 concerning Credit Bureau issued on February 18, 2013 which are subsequently converted into Financial Services Authority Regulation (POJK) Number 42/POJK.03/2019 concerning Credit Bureau (LPIP) established on December 26, 2019.
PEFINDO Credit Bureau operates by collecting credit data from financial institutions and non-credit data from several public agencies and institutions as our partners. The data is then processed and presented in the form of comprehensive and value-added information.