Toyota Astra Financial targets to distribute more financing in 2020
JAKARTA. PT Toyota Astra Financial Services (TAF), a joint venture established by PT Astra International Tbk (ASII) and Toyota Financial Services Corporation, targets to distribute more financing in 2020, Rp 11.88 trillion to be exact.
Wisnu Kusumawardhana, Marketing Director of TAF, said that the company's target was in line with the planned expansion to a number of regions. Starting from Kalimantan, Sulawesi, to Nusa Tenggara.
"We will focus on organic growth by adding new branch offices in those regions," Kusumawardhana said as reported by Kontan on Sunday (16/2) yesterday.
The expansion is planned to begin in the second quarter of 2020, exactly after the company evaluated its business performance in the first quarter of this year. (KR/AR)