Global Investors Drool Over Indonesia's Multifinance Market

By Editorial Team 03/07/2023
business financing
Summary

  • Japanese financial services giant MUFG has acquired three multifinance firms or leasing companies in Indonesia.
  • The regulator demands leasing companies meet the minimum capital requirement of Rp 100 billion independently or with the help of strategic investors.
  • OJK notes that foreign and local investors are acquiring eight multifinance companies.

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