BDFK Limited acquired Non-Performing Loans and Low Quality Loans of PT Bank QNB Indonesia Tbk (IDX:BKSW) for $49.2 million on November 27, 2020. Under the terms of the transaction, BDFK Limited will pay cash for 20% amounting to $9.84 million and the remaining 80% with bonds in US Dollar amounting to $39.36 million with 5-year tenor and interest of 4.8% per annum to PT Bank QNB Indonesia Tbk. Public Appraisal Toha, Okky, Heru and Rekan acted as independent appraiser to issue the fairness opinion report in the transaction. BDFK Limited completed the acquisition of Non-Performing Loans and Low Quality Loans of PT Bank QNB Indonesia Tbk (IDX:BKSW) on November 27, 2020.