BMRI - MUF records new car financing growth of 19.3% yoy

BMRI - MUF records new car financing growth of 19.3% yoy Mandiri Utama Finance (MUF) recorded an increase in new car financing for the period January–April 2024, amidst the decline in domestic new car sales. Financing increased both by unit and by financing value, where the increases were 19.3% and 24.5%, respectively. MUF President and Director Stanley Setia Atmadja revealed that financing in that period was recorded at 14.5k units, an increase compared to 12.2k units in the same period in 2023. "Meanwhile the financing value YTD [year to date] April 2024 was recorded at IDR3.2 tn, "an increase compared to IDR2.6 tn in the same period in 2023," said Stanley to Bisnis on Saturday, June 1, 2024. (Source: Bisnis Indonesia)