Multipurpose Financing is Increasingly Growing Fast in 2018: http://marketeers.com/pembiayaan-multiguna-tumbuh-pesat-di-tahun-2018/7 December 2017
Deputy Chairperson of the Indonesian Financing Companies Association (APPI) Jodjana Jody said that the automotive market, especially cars, is the largest in the Greater Jakarta area, reaching 40%. Vehicle sales for the mining and heavy equipment sectors have started to crawl since the second quarter of 2017. This is in line with coal prices which rose in the middle of the year. Automatically these conditions make heavy equipment financing continue to increase.
Commodity prices and the start of the improvement in the commercial vehicle segment are expected to increase public consumption and increase demand for financing. Incessant infrastructure development will also encourage the growth of other sectors, including financing. President Director & CEO of PT BFI Finance Indonesia Tbk., Francis Lay Sioe Ho said that in 2018 it is estimated that the finance industry will experience a fairly prospective growth. It is estimated that companies that have good business models and stable performance reputation will be able to expand their business with the support of their parent companies and banks as funding sources.
Consumer finance multi only grew 3.5% : http://keuangan.kontan.co.id/news/pembiayaan-konsumen-multifinance-cuma-tumbuh-35/6 September 2015
Unfavorable economic situation reflected by the performance of the finance company. Distribution of consumer financing only grew 3.5% on an annual basis.
Based on data from the Financial Services Authority (APPI) as of July 2015, the consumer finance portfolio to reach Rp.248.919 trillion, this figure only grew 3.5% compared to the same period last year of Rp.240.495 trillion. While growth year to date is still very low at only grew 1.26% from the December 2014 amounting to Rp.245.805 trillion.
Chairman of the Financial Services Association (IFSA), Kelvin Wiratno rate, the economic slowdown overwrite all industrial sectors, including finance industry; although still growing, but growth slowed compared to previous years.
Consumer Finance Services in Indonesia
Indonesia Industry Report and Market Research
February 5, 2019
Industry Code : K8125
Forecast to : 2023
Definition
Consumer Finance Services in Indonesia This class consists of enterprises whose main activity is financing goods purchased by consumers, who repay the finance by installments or periodic payments.
Activities
The primary activities of firms in this industry are :
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Supplying Finance for Transport Equipment.
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Supplying Finance for Housing.
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Supplying Finance for Electronic Equipment.
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Supplying Finance for Machines and Other Equipment.
The Consumer Finance Services industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.