Finance Companies Eyeing Cheap Funds
Non-banking finance company in the first half of this year increased quite rapidly that by 20 percent over the transaction in the same period last year. So no doubt, among the non-bank financing to close the transaction this year after a total of Rp 130 trillion or in the second half of this year targeting the increase rose by 40 percent over the same period last year. “Until the end of this year we are targeting the value of Rp 130 trillion,” said Wiwie Kurnia, Chairman of the Indonesian Financial Services Association (IFSA) told reporters INN.
Improvement in condition of non-bank finance companies, further Wiwie, can not be removed by the improving industries in the homeland. “Our position (company pembiyaaan, red) always follow the condition of the industry,” said Wiwie who is also one of the directors at Indomobil. In the first half of this year sales of automotive two-wheeled kind as much as 2,128,387 units, 191,047 units and four wheels.
Post-discharge of the Minister of Finance Regulation No 84 / PMK / 0:12 / 2006 on Financing Company occurred in an orderly regulation of finance companies. Diantarnya set of sleigh ratio should be 10 times more than the capital. According Wiwie, the implementation of ministerial regulations are effective. “Of our 139 members (APPI, red) are all healthy,” he said as he mentions, finance companies who joined APPI periodically make public the financial report.
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