Danamon signs deal with UT

Danamon signs deal with UT

JAKARTA: Bank Danamon signed on Thursday an agreement with
heavy equipment firm PT United Tractors to allow consumers to
benefit from investment loans from the bank for the purchase of
the latter's products.

A statement from both firms said the agreement was signed by
Danamon's president Francis A Rozario and United Tractors'
president Hagianto Kumala.

Consumers who are qualified to obtain credit facilities from
the bank will have formed a relationship or made transactions
with United Tractors; they must also have a good track record in
terms of payment and be committed to their business. -- JP