WOM Finance Target of 1.000 Contract / Month Financing

By : Herry Barus And Aldo Bella Putra | Thursday, March 29 2018 - 19:30 IWST

Wom Finance ( dok INDUSTRY.co.id)
Wom Finance ( dok INDUSTRY.co.id)

INDUSTRY.co.id - Palembang - Wahana Ottomitra Multiartha Tbk (WOM Finance) is pursuing the target of financing 1,000 contracts or an average of Rp10 billion per month in Palembang City through motorcycle and multipurpose financing products.

Head of Palembang WOM Finance Branch Zermi Nelko Saputra, Thursday (29/3/2018) said the company is optimistic that the monthly target can be reached until the end of 2018 due to positive economic growth in Palembang due to the Asian Games in August.

"We see the performance of the first three months of this year has been better than last year, therefore we are confident to reach the target until the end of the year," he said.

Zermi said the Palembang area is also set to achieve profit target of Rp12 billion this year.

According to him, the financing business also has peak season so that usually the realization can be above the average achievement of normal conditions.

"For example, ahead of Idul Fitri and entering the new school year, multi-purpose contract can reach 400 contracts," he said.

Currently the company serves Honda motorcycle financing, but also other Japanese motorcycle brands, such as Yamaha, Suzuki, and Kawasaki.

In the field of multipurpose financing, the company offers Mobilku and Motorku products where people can get financing with collateral BPKP vehicles.

Related to the ratio of bad loans (non-performing finance / NPF), Zermi, claims still quite good because under 3 percent.

"Palembang is relatively safe because its economic sector is not dependent on commodities like in other areas of South Sumatera," he said. (Ant)

News Comment

Today's Industry

Oil Palm (agroindonesia)

Senin, 16 Juli 2018 - 21:41 WIB

Sign MoU, RI-India Palm Oil Industry Agreed on Sustainable Development

Monday (16/7/2018) has signed Memorandum of Understanding (MoU) between Indonesian Palm Oil Board (DMSI), India Solvent Extractors Association (SEA), and Solidaridad Network Asia Limited (SNAL)…

Irfan Bachdim officially become Brand Ambassador Super Moto Car (Photo: Ridwan / Industry.co.id)

Senin, 16 Juli 2018 - 21:39 WIB

Mobil Lubricants Launches Latest Product For Two Wheel Vehicles

Mobil Lubricants launches the latest high-performance oil products for two-wheeled vehicles, Super Moto Cars formulated using the latest oil technology that uses a unique blend of high-quality…

Illustration of Export (ist)

Senin, 16 Juli 2018 - 21:38 WIB

Indef Estimates Trade Balance June 2018 Surplus Up to US $ 600 Million

Institute for Development of Economics and Finance (Indef) estimates the trade balance in June 2018 to surplus US $ 400 million - US $ 600 million Surplus is expected to occur due to long holiday…

Wika Beton

Senin, 16 Juli 2018 - 21:36 WIB

Until June 2018, Wika Beton Records Total Contracts Reach Rp8, 45 Trillion

PT Wika Beton Tbk recorded total contracts to be handled (carry over) in the first six months of this year has reached Rp8, 45 trillion.

Airbus A320-200 AirAsia Indonesia Berlogo Wonderful Indonesia and with Indonesia Tourism Destination Pattern (Photo: Chodijah Febriyani / Industry.co.id)

Senin, 16 Juli 2018 - 21:34 WIB

Air Asia Purchases Airbus Plane Rp 330.7 Trillion

Airbus SE is reportedly approaching an aircraft sales agreement worth US $ 23 billion or equivalent to Rp 330.74 trillion to AirAsia Group. The Malaysian airline has been the second largest…