Indonesian Political, Business & Finance News

FIFGROUP Records Rp30.09 Trillion in Financing, Growing by 8.8 Per Cent

| | Source: REPUBLIKA Translated from Indonesian | Finance
FIFGROUP Records Rp30.09 Trillion in Financing, Growing by 8.8 Per Cent
Image: REPUBLIKA

PT Federal International Finance (FIFGROUP) has recorded a financing value of Rp30.09 trillion up to the first semester of 2026. This performance represents an 8.8 per cent growth, amidst a national two-wheeler financing growth of only 0.7 per cent during the same period.

FIFGROUP Director Daniel Hartono stated that this growth demonstrates the company’s positive performance amidst challenges within the financing industry. In addition to the financing value, FIFGROUP also noted growth in the number of financed units.

“However, this year, we are grateful that we have succeeded; in terms of amount financed, we have experienced an 8.8 per cent increase, totalling Rp30.099 trillion,” said Daniel during the Astra Media Day 2026 event at Menara Astra, Jakarta, on Wednesday (23/9/2026).

Daniel explained that in terms of unit bookings, FIFGROUP has reached approximately two million financed units. This figure covers all financing lines operated by the company, ranging from motorcycle financing and cash loans to electronics, as well as Hajj and Umrah financing.

“In terms of unit bookings, we have reached 2 million units across our financing, from motorcycles to Spektra, which increased by 3.6 per cent,” he said.

On the other hand, Daniel mentioned that FIFGROUP’s growth stands above the development of national two-wheeler financing. According to FIFGROUP’s presentation, national two-wheeler financing in the first semester of 2026 grew by only 0.7 per cent. Meanwhile, FIFGROUP recorded a growth of 6.7 per cent in the first half of this year for both new and used two-wheeler financing.

“If we look from year to year, from 2024 to 2025, and 2025 to 2026, there has been a continuous increase of 6.7 per cent, but in the first semester of 2026, the growth was only 0.7 per cent. However, for FIFGROUP, in this first half, we grew by 6.7 per cent,” Daniel revealed.

Daniel noted that motorcycle financing remains the main pillar of FIFGROUP’s business. He stated that more than 70 per cent of the company’s portfolio comes from Honda motorcycle financing. This position is in line with FIFGROUP’s history, having developed its motorcycle financing business since its inception in 1989.

“At our inception, we financed Honda motorcycles, and now Honda motorcycles remain our largest portfolio. So, as you can see, our motorcycle portfolio is above 70 per cent,” he continued.

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