Buana Finance Secures Significant Credit Facility from Bank Danamon

Enhanced Financial Capacity for Consumer Finance

PT Buana Finance Tbk (BBLD), a prominent player in Indonesia's consumer finance sector, has successfully secured a substantial Rp950 billion credit facility from PT Bank Danamon Indonesia Tbk (BDMN). The credit agreement, signed on December 23, 2025, comprises two key components: a Rp750 billion term loan with a maximum tenor of 48 months and a Rp200 billion short-term credit facility with a 12-month duration.

Strategic Utilization of Funds

The financial arrangement is specifically designed to bolster Buana Finance's working capital requirements, particularly for its core business segments: consumer finance and financial lease operations. The facility is secured against the company's receivables, providing a robust financial structure for the transaction. According to Corporate Secretary Ahmad Khaetami, the additional funding will enable the company to expand its consumer financing and leasing activities effectively.

Recent Credit Agreement History

This recent development follows a similar credit facility agreement made in September 2025, where Buana Finance secured Rp500 billion from PT Bank Central Asia Tbk (BBCA). The previous facility was structured as an installment loan with a maximum tenor of 36 months and was also backed by the company's receivables. Both credit agreements demonstrate the company's strong relationship with major Indonesian banks and its ability to secure significant funding for business expansion.

Business Impact Assessment

The management of Buana Finance has emphasized that the latest credit facility will not have any material adverse impact on the company's financial condition, legal status, or business continuity. Instead, it is expected to strengthen the company's market position in the consumer finance sector. The additional capital will likely enhance Buana Finance's competitive capabilities and support its growth initiatives in the Indonesian financial services market.