front, the lower employment rate and high household debt causing most of the financial institutions to offload their NPLs and NPAs for asset management companies (AMCs) to manage further. The competition

those that arise from the COVID- 19 outbreak, will put some pressure on financial institutions to offload an ample supply of NPLs into the market. The Company sees this as an opportunity to select and

institutions to offload an ample supply of NPLs into the market. The Company sees this as an opportunity to select and acquire more NPLs at favorable prices. However, the Company expects to see higher