JAKARTA (Yosefardi) – PT Tifa Finance Tbk (TIFA) bags loan facility of Rp50 billion from Bank ICBC Indonesia with tenor of 36 months.
As of March 2013, the company’s liability totaled Rp891.15 billion, of which loan accounted for Rp762.65 billion. While its assets reached Rp1.14 trillion.
TIFA booked net profit of Rp11.6 billion first quarter of this year on revenues of Rp38.14 billion.