BFI set to post 20 percent increase in financing

BFI set to post 20 percent increase in financing

(ANTARA /Sigid Kurniawan)

Banyuwangi, E. Java  (ANTARA News) - Publicly traded financing company PT BFI Finance Indonesia Tbk (BFI Finance) is set to chalk up a 20 percent increase in financing this year from Rp14.3 trillion in 2017.

The financing company is confident to reach the target with the opening of a network of 40 new outlets all over the country this year.

By March 2018, BFI Finance had 352 outlets all over Indonesia including 217 branches to support the operation of the company, BFI Marketing Director Sutadi said in a news release here on Tuesday.

He said the company posted Rp351 billion in net profit in the first quarter of 2018, up 38 percent from Rp254 billion in the same period last year with non performing financing stable.
(T.M040/AS/o001)
(T.SYS/C/H-ASG/C/O001) 24-07-2018 10:24:37

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