Buana Finance Secures Significant Credit Facility from Major Banks

Enhanced Financial Capacity

PT Buana Finance Tbk (BBLD), a prominent finance company in Indonesia, has successfully obtained a substantial credit facility totaling Rp1.05 trillion from two major banking institutions: PT Bank Danamon Indonesia Tbk and PT Bank OCBC NISP Indonesia Tbk. The agreement was formalized on December 23, 2025, as disclosed through an information disclosure statement on December 24, 2025.

Facility Details

The credit facility was primarily provided by Bank Danamon, which contributed Rp950 billion of the total amount. The remaining balance was provided by OCBC NISP, demonstrating a strong partnership between these financial institutions. According to Ahmad Khaetami, Corporate Secretary of Buana Finance, this additional funding will play a crucial role in supporting the company's operations and financial strategies as they approach the end of fiscal year 2025.

Strategic Implications

This significant credit facility from reputable banking institutions not only enhances Buana Finance's liquidity position but also reflects the company's strong creditworthiness in the financial market. The additional funding will likely support Buana Finance's business expansion plans and improve their overall financial flexibility in a competitive financing landscape.

Market Context

The development comes at a strategic time for Buana Finance as they approach year-end 2025. The company's ability to secure such a substantial credit facility from established banks like Danamon and OCBC NISP demonstrates market confidence in their financial management and business prospects.