{
    "success": true,
    "data": {
        "id": 1724502,
        "msgid": "rupiah-weakens-vehicle-financing-demand-potentially-declines-1778158519",
        "date": "2026-05-07 19:08:00",
        "title": "Rupiah Weakens, Vehicle Financing Demand Potentially Declines",
        "author": "Sakina Rakhma Diah Setiawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "The weakening of the Indonesian rupiah is poised to impact the financing industry, particularly vehicle financing, by driving up prices of imported-component vehicles and curbing consumer demand for new purchases. OJK's Head of Executive for Supervising Financing Institutions, Venture Capital, and Other Financial Institutions, Agusman, advises financing companies to bolster risk management, adhere to prudent lending principles, and adapt business strategies to maintain asset quality amid reduced purchasing power. This selective approach to lending is expected to help preserve portfolio quality as debtor payment abilities may be affected.",
        "content": "<p>JAKARTA, KOMPAS.com \u2013 The weakening of the rupiah exchange rate is\nassessed as having the potential to affect the performance of the\nfinancing industry, particularly in the motor vehicle financing segment.\nAuthorities state that this impact will primarily be felt through\nadjustments to vehicle prices that have imported components. The Head of\nExecutive for Supervising Financing Institutions, Venture Capital, and\nOther Financial Institutions (PVML) of OJK, Agusman, explained that the\nrupiah\u2019s weakening could impact the demand side for vehicle financing in\nmultifinance companies. According to him, the rise in vehicle prices due\nto the rupiah\u2019s weakening has the potential to dampen public interest in\nbuying new vehicles, especially those with high imported content. This\nsituation could ultimately affect the disbursement of financing by\nmultifinance companies. In facing this situation, Agusman emphasised the\nimportance of adaptive measures from financing companies. \u201cIn responding\nto this, financing companies need to strengthen risk management,\nmaintain prudent principles in financing disbursement, and adjust\nbusiness strategies adaptively to maintain a balance between growth and\nfinancing quality,\u201d he said. These steps are considered important so\nthat financing companies can still maintain asset quality amid the\npotential decline in public purchasing power. In addition, business\nstrategy adjustments are also needed so that the industry can still grow\nwithout sacrificing prudence aspects. \u201cThe rupiah\u2019s weakening can also\nimpact the risk profile of financing companies, especially if it affects\ndebtors\u2019 ability to pay, so it needs to be anticipated, among others,\nthrough strengthened monitoring and risk mitigation,\u201d he explained. In\nline with the increasing risks, multifinance companies are expected to\ntake more selective steps in disbursing financing. This is done to\nmaintain portfolio quality. \u201cIn line with that, financing companies will\ntend to be more selective in disbursing financing to maintain portfolio\nquality,\u201d said Agusman.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-weakens-vehicle-financing-demand-potentially-declines-1778158519",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}