JAKARTA (Yosefardi) – PT Bank DKI provides Rp100 billion loan to Andalan Finance Indonesia, for 3 years term, used to support financing for motorcycles.
Bank DKI has this year disbursed Rp2.35 trillion loan to some financing firms; Adira Dinamika Multifnance (Rp125 billion), Buana Finance (Rp100 billion), BFI Finance Indonesia (Rp190 billion), and CIMB Niaga Finance (Rp50 billion).
The bank is optimistic financing firms will continue growing until end of this year amid the economic slowdown partly affected by fuel hike and high inflation.
Bank DKI also disburses loans through linkage business, both chaneling and joint financing, to cooperatives and rural banks (BPR).