Video: Economic Pressures from War, Multifinance Targets Sharia-EV Financing

Jakarta, CNBC Indonesia - 2026, expected to be a year of recovery and business growth in financing, has instead become a year full of challenges for the multifinance industry.

APPI Chairman and CSUL Finance CEO Suwandi Wiratno Siahaan noted that multifinance business growth was below 1% in 2025, making 2026 a beacon of hope for boosting financing activities. However, the Middle East war involving the US-Israel and Iran is exerting negative impacts on the economy and the business world.

As of February, multifinance financing debt grew by 1.1%, supported by working capital and business capital financing, as well as Sharia financing receivables. Meanwhile, investment financing experienced negative growth due to RKAB cuts in coal and nickel, causing mining companies to postpone business expansions, which in turn affects financing demand.

What are the prospects and challenges, and how can business opportunities in financing be strategised for 2026? For more details, watch the dialogue between Andi Shalini and APPI Chairman and CSUL Finance CEO Suwandi Wiratno Siahaan on Power Lunch, CNBC Indonesia (Friday, 24/04/2026).