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MTF, New Financing Q1 - 2015 Reaches IDR 3.68 Trillion, Grows 3.59%

Wednesday, 29 April 2015

MTF, New Financing Q1 - 2015 Reaches IDR 3.68 Trillion, Grows 3.59%

Jakarta, 28 April 2015 – Mandiri Tunas Finance again held a friendly event following the presentation of first quarter performance results  at the All Seasons Hotel Jakarta Thamrin – Meeting Room Winter & Spring. Media interest was visible lively. In the First Quarter, MTF succeeded in obtaining new financing during the first quarter (Q1) 2015 amounting to IDR 3.68 Trillion, an increase of 3.59% compared to the same period in 2014. The value of new car financing in Q1-2015 grew 8% compared to the Q1-2014 period, while in units  new cars increased 2%. This is in line with the Company's business focus in the new car financing segment. The event which ended with lunch at the Skyloft Cafe was warmly welcomed by the media. In the future, to strengthen financing in 2015, MTF has a number of business plans, including the issuance of Continuous Bonds I Phase III amounting to IDR 150 billion for working capital financing. Apart from that,  MTF will expand its new network, namely 30 satellite offices and 6 branch offices.