JAKARTA. PT Bank Negara Indonesia (BNI) Tbk disbursed Rp 300 billion in funds for Buana Sejahtera Group subsidiaries, PT Artha Prima Finance and PT Buana Sejahtera Multidana.
In his official statement, President Director of Buana Sejahtera Group Zaenal Abidin said that the signing of the cooperation with BNI was one of their strategies to increase the realization of car financing.
Meanwhile, through the two subsidiaries, Buana Sejahtera Group targets to disburse Rp 600 billion worth of financing in 2019. The target is higher from the realisation of the previous year, which reached Rp 531.5 billion.
The company also targets the net profit of the two companies to reach Rp 33.6 billion, slightly higher than the realisation last year of Rp 31.5 billion. While the ratio of non-performing loans from the two subsidiaries will be reduced to 1.5%. (AM/AR)