Pefindo Assigns idAA+ Rating to Hino Finance Indonesia

Strong Market Position and Financial Stability

PT Pemeringkat Efek Indonesia (Pefindo) has assigned a idAA+ rating with a stable outlook to PT Hino Finance Indonesia (HFI). This rating reflects HFI's strong market position in the truck and bus leasing business, as well as its robust capital indicators. The assessment is supported by HFI's status as a strategic subsidiary of its majority shareholders, Hino Motors Limited (Japan) and Salim Group.

Key Rating Drivers

The idAA+ rating is driven by several key factors:

1. Strong Market Position: HFI maintains a significant presence in the truck and bus leasing market
2. Strategic Ownership: Backed by Hino Motors Limited and Salim Group
3. Excellent Asset Quality: Strong historical performance in asset management
4. Robust Capital Indicators: Demonstrates financial strength and stability

Stable Outlook

The stable outlook reflects Pefindo's positive assessment of HFI's financial stability and growth prospects. It indicates that HFI is expected to maintain its strong market position and financial performance in the near term.