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Adira Finance distributed Rp 38.2 trillion of financing in 2018

08 February 2019 11:45

JAKARTA. PT Adira Dinamika Multi Finance Tbk (Adira Finance) distributed Rp. 38.2 trillion of new financing throughout 2018. That number is 17% higher compared to last year.

President Director of PT Adira Dinamika Multi Finance Tbk (Adira Finance) Hafid Hadeli said that last year's financing growth was driven by increases in all financing portfolios.

"All portfolios experience that (up), new cars are quite large, 26% and new motorcycles are 20%," said Hafid at Graha Niaga Thamrin, Jakarta, on Thursday (7/2).

Last year, according to Hafid, the proportion of financing was still dominated by automotive (98%), and the rest were from electronics. Of the 98%, 54% are financing for motorcycles and 44% for cars. According to Hafid, this year the proportion of financing will not be much different, still dominated by motorcycles.

Hafid is also optimistic that vehicle sales will continue to increase this year, since Indonesia's economic growth last year was considered quite good. "Vehicle sales will definitely increase because economic growth is also above 5%. We want it to increase above the market, "he said.

Hafid also predicts this year's growth will still be supported by all portfolios. (AM/AR)

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