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Mandiri Tunas Finance Books IDR 7.1 Trillion in Financing

Thursday, 3 January 2013

Mandiri Tunas Finance Books IDR 7.1 Trillion in Financing

In 2011, PT Mandiri Tunas Finance managed to record financing of IDR 7.1 trillion, an increase of 58% compared to the previous year of IDR 4.5 trillion. The increase in financing was due to, among other things, attractive and competitive financing packages, optimization of the branch office network and good relations with dealers, showrooms and customers.

Since 2009 after being acquired by Bank Mandiri, MTF lending has continued to increase significantly.  Currently MTF has 68 branch offices in Indonesia and has collaborated with almost all motor vehicle brands. Apart from financing new cars, MTF also provides financing for used cars, fleets and motorbikes including large motorbikes with attractive and competitive credit packages.

In 2012, PT Bank Mandiri (Persero) Tbk committed funding support of up to IDR 9,250,000,000,000 to support the growth of the MTF business.