Indonesian Political, Business & Finance News

FIFGroup credit disbursement grows 6.8 per cent to Rp30.09 trillion

| Source: ANTARA_ID Translated from Indonesian | Finance
FIFGroup credit disbursement grows 6.8 per cent to Rp30.09 trillion
Image: ANTARA_ID

Jakarta (ANTARA) - PT Federal International Finance (FIFGroup) recorded a 6.8 per cent year-on-year (yoy) growth in loan disbursements, reaching Rp30.09 trillion in July 2026, compared to Rp28.17 trillion during the same period the previous year.

Meanwhile, the company’s net service assets were recorded at Rp55.19 trillion as of July 2026, representing a 10.2 per cent (yoy) growth from Rp50.07 trillion in the same period last year.

“Throughout these 37 years, we have achieved several milestones; our assets stood at Rp55.2 trillion in July 2026,” said FIFGroup Director Daniel Hartono during Astra Media Day in Jakarta on Wednesday.

Furthermore, the company recorded a total of 2.02 million finance booking units across all financing lines, including motor vehicles, cash funds, as well as Hajj and Umrah, as of July 2026.

These finance booking units grew by 3.6 per cent (yoy) to 1.95 million units as of July 2026, compared to the same period in the previous year.

“Regarding assets, as I mentioned, our total assets reached the Rp55 trillion mark (specifically Rp55.19 trillion in July 2026), which is a 10.2 per cent increase,” said Daniel.

As of July 2026, FIFGroup maintains more than 4,200 business partners and manages over 1,800 business networks across Indonesia, encompassing 266 branches, sub-branches, posts, and kiosks.

Additionally, the company has served more than 15.2 million customers, approximately 4 million of whom are active customers. FIFGroup has also achieved an AAA(idn) rating from PT Fitch Ratings Indonesia.

FIFGroup operates five financing business lines, including FIFAstra, which finances Honda motorcycles and contributed 70.8 per cent to total financing as of July 2026.

This is followed by Danastra for general financing, contributing 22.8 per cent; Spektra, which provides financing for electronics, furniture, gadgets, and lifestyle products, contributing 1.6 per cent; Amitra, Sharia financing for Hajj and Umrah, contributing 2.2 per cent; and Finatra, which provides financing for micro, small, and medium enterprises (MSMEs), contributing 2.6 per cent.

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