Indonesian Political, Business & Finance News

Financing Industry Strengthens Performance and Innovation to Support Economic Growth

| | Source: MEDIA_INDONESIA Translated from Indonesian | Finance
Financing Industry Strengthens Performance and Innovation to Support Economic Growth
Image: MEDIA_INDONESIA

Amidst the dynamics of the global economy, which remains shadowed by uncertainty, the ability to maintain sustainable business growth has become a vital factor for finance companies to preserve competitiveness. Industry players are required not only to record growth but also to maintain asset quality, corporate governance, and risk management to survive various economic cycles.

This commitment is reflected in the achievements of PT Chandra Sakint Utama Leasing (CSULfinance), a finance company that is part of the Tiara Marga Trakindo (TMT) Group. The company received the ‘Golden Champion: The Most Consistent Excellent Performance Multifinance Company in 5 Consecutive Years (2022–2026)’ award at the 22nd Infobank Multifinance Appreciation 2026 in Jakarta.

The award was presented to multi-finance companies capable of maintaining an ‘Excellent’ predicate for five consecutive years. This achievement serves as recognition of the company’s consistency in maintaining healthy business growth, supported by strong governance and sustainable financial performance.

The award was received directly by the President Director of CSULfinance, Suwandi Wiratno. According to him, this achievement is the result of collaboration across the entire company and the continued trust provided by customers, business partners, shareholders, regulators, and stakeholders.

“We feel proud to represent all CSULfinance personnel in receiving this award. This award also serves as an affirmation of our reputation as a leading finance company offering solutions that are safe and relevant, thereby providing added value to every customer,” said Suwandi.

He assessed that the success in maintaining the ‘Excellent’ predicate for five consecutive years demonstrates that sustainable business growth can only be achieved through the application of prudent principles, good risk management, and the improvement of service quality to customers.

Looking ahead, he stated that the company aims for growth that is not only oriented towards increasing financing but also towards strengthening service innovation, expanding the customer base, and increasing operational efficiency to meet the needs of various industrial sectors.

Suwandi hopes that this award will further increase public confidence and strengthen relationships with business partners, thereby opening opportunities for wider business expansion. “In the future, CSULfinance is committed to continuously strengthening service innovation, improving service quality, and maintaining healthy and sustainable business growth as part of our contribution to supporting the development of the national financing industry,” he said.

In addition to receiving the award, Suwandi Wiratno, who also serves as the General Chairman of the Indonesian Finance Company Association (APPI), also served as a speaker at the Mid-Year Economic Outlook 2026 forum, themed ‘The New Rules of Survival in Uncertain Times: Will a Crisis Occur?’. The forum discussed the prospects of the financing industry as well as the strategies of business players in facing global economic dynamics.

The 22nd Infobank Multifinance Appreciation 2026 serves as a form of appreciation for finance companies that are able to demonstrate superior performance, innovation, and a real contribution to the national financial services industry. The assessment was conducted independently using several key indicators, including asset growth, financing, equity, net profit, solvency levels, operational efficiency, and profitability.

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