Car leases got popular, BFIN booked 30.6% revenue growth
14 Feb 2023 10:19
PT BFI Finance Indonesia Tbk (BFIN) collected revenue of IDR 5.38 trillion in 2022, shifting 30.6% year-on-year (yoy) or compared to the achievement in 2021.
Adira Finance profit soars 32,21%
10 Feb 2023 13:31
PT Adira Dinamika Multi Finance Tbk (ADMF) posted a 32.21% increase in profit for the year despite slumping revenue in 2022. This achievement was due to efficiency in total expenses to IDR 6.30 trillion from IDR 7.05 trillion.
Federal International Finance seeks IDR 3 billion through bond issuance
10 Feb 2023 10:53
T Federal International Finance (FIF) is aiming for IDR 3 trillion in fresh funds through the issuance of bonds, a financing services company owned by the Astra Group, will issue a bond principal amount of IDR 3 trillion.
SMF seeks IDR 2 trillion via bond issuance
03 Feb 2023 22:08
PT Sarana Multigriya Finansial (Persero), a secondary finance company for the housing sector, will issue Shelf Registration Bonds VI Phase IV Year 2023 with a principal amount of IDR 2 trillion.
Syndicate to grant FREN IDR 7.5 trillion loan
03 Feb 2023 09:23
A syndicate of banks has granted a facility to PT Smartfren Telecom Tbk (FREN) with a credit limit of IDR 7.2 trillion.
Aiming massive growth, Jobubu to launch more alcoholic beverages
31 Jan 2023 11:45
PT Jobubu Jarum Minahasa Tbk (BEER) is targeting to attain up to 50% growth in revenue and net profit this year, supported by even distribution of products in rural areas, as well as the promising niche market of alcoholic beverages in Indonesia.
LPS to boost security interest by 25 bps
27 Jan 2023 06:04
Indonesia Deposit Insurance Corporation has increased the security interest rate for commercial and people’s credit banks by 25 bps, effective February 1 to May 30, 2023.
Indonesia Infrastructure Finance to secure IDR 300 billion from BNP Paribas
19 Jan 2023 12:25
PT Indonesia Infrastructure Finance (IIF), an infrastructure financing company, has secured an uncommitted revolving loan facility worth IDR 300 billion from PT Bank BNP Paribas Indonesia.
Modalku to name new high-ups
17 Jan 2023 16:12
PT Modalku Indonesia, the owner of Modalku fintech platform, plans to switch its high-ranking officials this year.
Buana Finance to secure IDR 150 billion loans from Bank KEB Hana Indonesia
16 Jan 2023 16:22
PT Buana Finance Tbk (BBLD), a financing venture circa 1982, has recently obtained a credit facility of IDR 150 billion.