CIMB Niaga Auto Finance Achieves Rp1.05 Trillion in Cash Financing

Strong Performance Ahead of Year-End Holidays

PT CIMB Niaga Auto Finance (CNAF), a leading multifinance company, has recorded Rp1.05 trillion in cash financing by November 2025. This figure represents 9% of its total portfolio worth Rp11.25 trillion. According to Ristiawan Suherman, President Director of CNAF, the year-end period is a strategic moment for the multifinance industry to boost performance.

Market Conditions and Business Outlook

The cash financing segment has shown positive potential as consumers typically utilize these funds for holiday expenses, education, and other consumptive needs. While the non-performing finance (NPF) ratio for cash financing products has increased compared to January 2025, CNAF views this as a natural consequence of the current challenging market conditions affecting customers' repayment capabilities.

Risk Management Strategies

To maintain portfolio quality and minimize credit risk, CNAF has become more selective in analyzing potential customers for financing. The company remains committed to prudential principles while supporting sustainable business growth. Despite macroeconomic uncertainties in the coming year, CNAF remains optimistic about its growth prospects and anticipates a potential economic turnaround.