Multifinance Industry Projections 2023: Will not be disturbed by the Fed's interest rates: https://finansial.bisnis.com/read/20221215/89/1608959/proyeksi-industri-multifinance-2023-tidak-akan-terganggu-suku-bunga-the-fed/15 December 2022
The Association of Indonesian Financing Companies (APPI) is optimistic that the industry in 2023 will not be affected by sentiment about the Fed's increase in interest rates. This is in line with projections that the Indonesian economy will continue to grow in the future. Chairman of the Association of Indonesian Financing Companies, Suwandi Wiratno, said that the association sees that this interest rate sentiment will not have much of an impact on the financing industry, because existing debtors have increased in financing companies along with the signing of contracts.
Multipurpose Financing is Increasingly Growing Fast in 2018: http://marketeers.com/pembiayaan-multiguna-tumbuh-pesat-di-tahun-2018/7 December 2017
Deputy Chairperson of the Indonesian Financing Companies Association (APPI) Jodjana Jody said that the automotive market, especially cars, is the largest in the Greater Jakarta area, reaching 40%. Vehicle sales for the mining and heavy equipment sectors have started to crawl since the second quarter of 2017. This is in line with coal prices which rose in the middle of the year. Automatically these conditions make heavy equipment financing continue to increase.
Commodity prices and the start of the improvement in the commercial vehicle segment are expected to increase public consumption and increase demand for financing. Incessant infrastructure development will also encourage the growth of other sectors, including financing. President Director & CEO of PT BFI Finance Indonesia Tbk., Francis Lay Sioe Ho said that in 2018 it is estimated that the finance industry will experience a fairly prospective growth. It is estimated that companies that have good business models and stable performance reputation will be able to expand their business with the support of their parent companies and banks as funding sources.
Consumer Finance Services in Indonesia
Indonesia Industry Report and Market Research
October 10, 2023
Industry Code : K8125
Forecast to : 2027
Definition
Consumer Finance Services in Indonesia This class consists of enterprises whose main activity is financing goods purchased by consumers, who repay the finance by installments or periodic payments.
Activities
The primary activities of firms in this industry are :
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Supplying Finance for Transport Equipment.
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Supplying Finance for Housing.
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Supplying Finance for Electronic Equipment.
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Supplying Finance for Machines and Other Equipment.
The Consumer Finance Services industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
