BBRI - BRI finance EV financing more than IDR150bn

BBRI - BRI finance EV financing more than IDR150bn BRI Multifinance Indonesia (BBRI Finance) recorded positive performance regarding electric vehicle financing throughout 2023. According to BRI finance, the distribution of electric vehicle financing was more than IDR150bn in the period of Dec23. (Source: Kontan) Comment: Multifinance and others related loan product play important role supporting the overall bank earnings. Aside from traditional loan, we believe multifinance related product likely to grow stronger this year.