-made automotive sector as one of the focus in credit growth in 2010. That’s because the credit is always the automotive sector grew significantly in recent years.
Per 30 September 2009, for example, the number of loans that have been disbursed for a motor vehicle loans Rp 7.5 trillion, an increase of 25 percent compared to the same position the previous year. This amount contributed 33 percent of the total credits Retail Bank Niaga.
Thus disclosed Business Banking Director, CIMB Niaga Handoyo signing Soebali dealer financing cooperation with PT Mazda Motor Indonesia (MMI) Monday (1/2/2010). In the cooperation, CIMB Niaga helping working capital needs of Mazda dealers in the purchase of vehicles from the MMI as Sole Agent Brand Holder (ATPM).
For MMI, this funding helps dealers mazda to stay focused on increasing population and vehicle sales to provide certainty of payment to MMI. As for CIMB Niaga, this cooperation is expected to increase the loan portfolio to the automotive sector and strengthen its position in the automotive value chain.
“We are optimistic that vehicle sales in 2010 better than 2009. Belief is supported by several factors, such as Indonesia’s economy improved and increased purchasing power,” said Handoyo Soebali. According to him, similar k erjasama will continue to be developed with other ATPM in Indonesia.
In the meantime, Yoshiya Horigome, President of MMI said, Indonesia’s automotive industry remains one of the potential and strong in facing the challenges the automotive market compared to other Southeast Asian countries.
