BFI commercial vehicle finance 90%
Finance March 26th, 2010
PT BFI Finance Indonesia Tbk commercial vehicle finance up to 90% of the total distribution of consumer finance companies.
It was given the target company to serve targeted financing small and medium enterprises that dominate commercial vehicle. In addition, commercial vehicle financing risks assessed is lower than passenger vehicles.
BFI Finance Indonesia Director Cornelius Henry Kho said that commercial vehicles including minivans and trucks, each for 44% and 20%.
“The majority of our financing commercial vehicles compared with passenger as sedans, pick-ups, and jeeps,” he said on the sidelines Due Diligence Meeting & Public Expose Bonds II 2009 in Jakarta, this afternoon.
He said the current portion of financing other than minibuses by 44% and 20% trucks, sedans share reached 11%, 12% Jeep, pick-up 11%, 1% bike, and others.
