Interest has increased, Adira Finance has not planned to change the composition of funding

KONTAN.CO.ID – JAKARTA. The stage of raising interest rates by the central bank could have an impact on the cost of the funds borne by the finance company. Multifinance must also be more careful in choosing an effective source of financing.

Similarly, the attention of PT Adira Dinamika Multi Finance. Adira Finance's chairman, Hafid Hadeli, said that he had not planned to scale up the share of funding compared to existing funds.

But periodically, he said that this Danamon Bank subsidiary will see potential interest rates from competitive sources of funding for each period. Of course, Adira Finance will be more selective in seeking the best financing.

This selectivity, Hafid continued not only watching the evolution of interest rates. But also other factors that contribute to the source of funding. "For offshore for example it is currently more expensive because the dollar is strong," he said Thursday (5/7).

Currently, Adira Finance relies on three main sources of financing, namely the issuance of bonds, domestic bank loans to foreign syndicated loans. Funding sources from the bond issue accounted for half of Adira's funding requirements. While the rest is divided equally between domestic banks, as well as foreign loans.

MULTIFINANCE