Jakarta - During 2007, the financial industry's growing reach Rp.105, 43 trillion. Profit also rose to Rp. 3.90 trillion. Vehicle loans still accounted for the largest growth. The improved performance in 2008 is overshadowed multi inflation and high interest rates. Even the banking sector would presumably raise loan interest rates in the second half of 2008.
According to data from the Bureau of Research Infobank (birl), increase in profit due to three things. One, lower cost of funds due to declining interest rates. Two, the impact of the fuel price hike in 2005 began to disappear, so that the purchasing power masyarat improved. It is smooth and the installment purchase of motorcycles and cars. Three, the increased volume of business which resulted in revenue growth.
PT. Astrido Pacific Finance was ranked number 9 best 100 billion asset category until 1 Trillion exceed145 similar companies.
Source: InfoBank, Agustus 2008