JAKARTA (Yosefardi) – PT Radana Bhaskara Finance Tbk (HDFA) had secured loan facility of Rp100 billion from PT Bank Pembangunan Daerah Kalimantan Selatan (Bank Kalsel), to fund its motorcycle financing.
The loan has tenor of 36 months. The company targets to book financing of Rp1.64 trillion this year, a 29% rise compared to Rp1.27 trillion last year.
As of June 2014, HDFA’s liability totaled Rp1.86 trillion while assets reached Rp2.15 trillion. The company booked net profit of Rp15.66 billion in first half of 2014 on revenues of Rp149.52 billion.