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OCBC NISP prepares IDR2 trillion auto credit

JAKARTA: PT Bank OCBC NISP Tbk targets to disburse consumer credit as much as IDR11 trillion this year, relying much on automotive credit.The bank plans to achieve the consumer credit target through disbursing car ownership credit of IDR2 trillion this

JAKARTA: PT Bank OCBC NISP Tbk targets to disburse consumer credit as much as IDR11 trillion this year, relying much on automotive credit.The bank plans to achieve the consumer credit target through disbursing car ownership credit of IDR2 trillion this year.Total consumer credit of OCBC NISP this year is IDR11 trillion. Now we have reached IDR8.7 trillion, while another IDR2 trillion will come from car ownership credit, said Director Rudy N. Hamdani.House ownership credit dominated by IDR7.8 trillion of the total consumer credit through the first half of the year. The remaining IDR500 billion was disbursed for car financing, he said.Rudy seemed optimistic that the bank could complete the target of car ownership credit since the automotive market in Indonesia is considerably bullish. (iaa) (t04/msw)

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