Jakarta, 16 February 2015  – In the midst of sluggish national automotive sales and the minimal growth rate of the multi-finance industry in 2014, PT Mandiri Tunas Finance (MTF) recorded growth in financing  new in 2014 amounted to 27.48% and an increase in net profit of 32.71%. 

"The value of MTF financing increased from IDR 11,590 billion in 2013 to IDR 14,775 billion at the end of 2014," said Ignatius. This growth of 27.48% was dominated by 94% of new car financing. Of the total value of MTF financing in 2014, new car financing reached IDR 13,878 billion, used car financing IDR 635 billion, and motorbike financing IDR 262 billion.

In terms of total financing units throughout 2014, it increased 19% compared to 2013, where new car unit loans dominated 82%< /strong> of the total financing units in 2014. It was recorded that MTF financing units in 2014 reached 121,938 units, an increase compared to 2013 financing units of 102,726 units. "From the 2015 financing units, new car units dominated up to 99,906 units, used cars 6,246 units, and motorbikes 15,786 units," explained the President Director of PT Mandiri Tunas Finance, Susatyo Wijoyo, during a presentation on the MTF performance for the year 2014 at 100 Bar Hotel Century, Jakarta.