JAKARTA (Yosefardi) – PT Mandiri Tunas Finance Tbk (TUFI), subsidiary of PT Bank Mandiri Tbk (BMRI), booked net profit of Rp233.98 billion in 2014, grew by 32.7% from Rp176.31 billion in 2013.
Revenue rose 29.7% to Rp1.51 trillion from previous Rp1.16 trillion. Consumer financing contributed revenue of Rp1.06 trillion, compared to previous Rp859.8 billion. While lease financing contributed Rp87.3 billion.
Other income amounted Rp342.9 billion. Its assets grew by 31.5% to Rp7.41 trillion.
Meanwhile, PT BCA Finance, subsidiary of BBCA, plans to issue bonds worth Rp4 trillion. It will issue first phase of bonds worth Rp1 trillion next month.