Anyone Want a Car Loan?

Consumer credit multi-finance institutions have started to shine again. But foreign capital and ownership are dominant. Will local multi-finance institutions be wiped out?

December 18, 2001

CONFUSED because you want to buy a motorcycle or a car but you don’t have enough cash? Don’t worry, you’ll be able to get a loan from a multi-finance institution. Following the problems the industry had to go through after the monetary crisis struck Indonesia, the multi-finance business has staged an impressive recovery. Just take a look at the advertisements appearing in newspapers and magazines that offer motorcycles and cars

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