ASII - Astra financial eyeing IDR 2.8tn transactions in GIIAS 2024

ASII - Astra financial eyeing IDR 2.8tn transactions in GIIAS 2024 Jakarta Astra Financial, the financial services division of Astra International (ASII) targets transactions of IDR2.8 tn in GIIAS 2024 at the Gaikindo Indonesia International Auto Show (GIIAS), which will be held at the Indonesia Convention Exhibition (ICE) in BSD City, Tangerang, on July 18–28, 2024. Director in Charge of Astra Financial 2 Rudy Chen said with macroeconomic conditions and the sluggish condition of the car market, it is more realistic to set targets. "We hope it can be better than last year, which was IDR2.8 tn [GIIAS Tangeran and Surabaya]. Car leasing companies under Astra Financial, namely Astra Credit Companies (ACC) and Toyota Astra Financial Services (TAF), have also set conservative targets due to the challenges of the automotive industry this year. To continue to encourage increased transactions at this GIIAS event, Astra Financial, together with its 10 business units, is also providing various attractive promotions. For example, ACC and TAF provide promotions of free admin fees, a down payment (DP) of approximately 30%, and prepaid installments (ADDM) for purchasing passenger cars with a special interest rate starting at 0.67%. Then, Honda motorbike leasing PT Federal International Finance (FIF) offers direct and online offers through Moxa, with installment discounts of IDR 67,000 and IDR 167,000 for certain types. (Source : Bisnis Indonesia)