AsiaCollect expands to PH, Indonesia

SINGAPORE-BASED credit management services (CMS) provider AsiaCollect is expanding its reach in the Philippines and Indonesia with the launch of its CMS Advisory Services.

In a statement issued on Monday, the consumer debt collection company said the new service would target consumer loan originators that could help upgrade their CMS operations effectiveness, and internal controls.

“The expansion into CMS Advisory Services is consistent with our strategy company in the region. The Advisory Services proposition will enable us to achieve deeper partnership with our clients, and help them optimize the performance of their CMS operations Tomasz Borowski, founder and chief

“The fact that we were able to Indonesia and Philippines, where we are not yet present with our core CMS Outsourcing product, supports our view that the massive growth of the for a high quality integrated CMS of

AsiaCollect entered Vietnam in the last quarter of 2016. It said Vietnam, the Philippines and Indonesia have a huge market with a combined 435-million population which it aims to penetrate.