JAKARTA. The loan channeling of PT BCA Finance in March 2021 exceeded IDR 2.35 trillion in line with the enactment of a government policy to subsidize PPnBM for new cars of the sedan and 4x2 types, with engines below 1,500 cc, with 70 percent local content.
President Director of PT BCA Finance Roni Haslim explained that the condition of financing distribution since January has begun to recover compared to the pandemic period last year. The policy of implementing 0% PPnBM is also a breath of fresh air for the industry.
This is proven by the achievement of financing per January 2021 which reached IDR1.64 trillion, then slightly decreased in February 2021 to IDR1.35 trillion because customers are waiting for the implementation of the 0% PPnBM policy so they postpone their plan to buy a car. The achievement of financing in March amounted to IDR 2.35 trillion, soaring 74.81% on a monthly basis (month-to-month / mtm).
"The driving force is the BCA Expo with special interest, to coincide with the market which is also on the rise due to PPnBM," he said as quoted by Bisnis, Thursday (8/4/2021).
Roni hopes that the 0% PPnBM policy for three months starting from March-May, which then gradually drops to 50% in June-August will boost performance, which this year targets financing of IDR 30 trillion. (AM/LM)