PT BFI Finance Indonesia Tbk

09/23/2022 | Press release | Archived content

BFI Finance Secures a Syndicated Loan Facility of Rp1.6 Trillion

Berita

BFI Finance Secures a Syndicated Loan Facility of Rp1.6 Trillion

2022-09-23 00:00:008

Jakarta, September 23, 2022 - PT BFI Finance Indonesia Tbk (BFI Finance) and PT Bank DKI (Bank DKI) have signed an agreement on a syndicated loan facility of Rp 1.6 trillion (September 23). The cooperation aimed at expanding credit channelling through synergy and collaboration. Bank DKI has been appointed to act as the mandated lead arranger, facility agent, security agent, and escrow agent all together with other regional development banks (BPD), namely Bank Jatim, Bank Papua, and Bank Kalsel.

Out of a total credit channelling of Rp 1.6 trillion, Bank DKI gave Rp 500 billion of loan. As for Bank Jatim and Bank Papua, each gave Rp 400 billion, while Bank Kalsel gave Rp 300 billion.

President Director of BFI Finance Francis Lay Sioe Ho expressed his appreciation to the creditors for their support and trust in BFI Finance. The credit facility will be used to support financing throughout Indonesia.

(left to right) President Director of BFI Finance Francis Lay Sioe Ho and Finance Director of BFI Finance Sudjono shake hands with President Director of Bank DKI Fidri Arnaldy

BFI Finance will use the syndicated loan facility to help achieve financing growth target

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