MNC Finance was acquired by MNC Financial Services in 2003 and focuses on consumer financing with the majority of the financing portfolio for mortgage and automobile. MNC Financial Services has 99.99% shareholding in MNC Finance.
The demand for automobiles and homes will continue to be strong due to the growing population in the middle class income group, which represents more than 50% of the population in Indonesia.
MNC Finance is a consumer financing company owned by MNC Financial Services with the majority of the portfolio on vehicle financing. Currently, MNC Finance has 40 branch offices for motor vehicles financing, 10 branch offices for mortgage, as well as 15 representative offices.
For further information please visit www.mncfinance.com and please download the Corporate Updates file through the Investor Relations tab.