Indonesian Political, Business & Finance News

Video: War Threatens Purchasing Power, What About the Financing Business in 2026?

| Source: CNBC Translated from Indonesian | Finance
Video: War Threatens Purchasing Power, What About the Financing Business in 2026?
Image: CNBC

In the midst of geopolitical turmoil and global economic pressures, the Chairman of the Indonesian Financing Companies Association (APPI) and CEO of CSUL Finance, Suwandi Wiratno Siahaan, reveals several potentials for growth in the financing business, mainly in the sharia financing segment, electric vehicle financing, and multipurpose financing. Specifically, in the electric vehicle sector where government incentives have currently been halted, multifinance companies still see potential for increased EV sector financing. It is hoped that government support for purchasing power will become a sentiment for the growth of the financing business in 2026 to support the 6% growth target. Nevertheless, multifinance companies are noting that increases in the prices of basic commodities and fuel will pose challenges to the purchasing power of Indonesians. What are the prospects and challenges for multifinance in 2026? For more details, watch the dialogue between Andi Shalini and the Chairman of the Indonesian Financing Companies Association (APPI) and CEO of CSUL Finance, Suwandi Wiratno Siahaan, in Power Lunch, CNBC Indonesia (Friday, 24/04/2026).

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