Multi finance’s credit for the first semester reaching Rp. 78 trillion
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (285) • July 11th, 2007
Growth of multi finance’s credit has still increasing for this year, if for the first semester last year (2006) can reaching till Rp. 68 trillion, hence for this first semester (2007) multi finance’s credit have reached about Rp. 78 trillion (data from Central Bank statistical).
According to Chief of Association Company of Indonesia Financing, Susilo Sudjono as long as first semester, credits of company for financing have go up till reach 15 percent compared by a last year (www.kontan-harian.com).
Mostly the growth of multi finance’s credit has domination by motor vehicle credit. As illustration, till end of June 2007, almost 80 percentage of credit agreed by Indomobil are motorbike’s credit.
Decrease of interest rate and the recovery of purchasing power society also have a share to bring the growth of credit company for financing or multi finance because most of multi finance get fund from joint financing or financing with bank. So, if bank decrease the interest rate, hence automatically multi finance also will decrease the credit’s interest and in the end will push credit growth.
Topic: Business, Economic Growth, Industry, News
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