AEON Credit to reduce high-risk borrowers group

KUALA LUMPUR: Aeon Credit Service (M) Bhd, a leading non-bank financial services provider in Malaysia, is targeting to reduce its high-risk borrowers group to around 20% moving forward from about 30% of total borrowers at the moment.

Managing director Daisuke Maeda said the company is not only focusing on reducing the number of possible non-performing loans but at the same time increasing the good credit score borrowers in its portfolios.