Buana News - Finance Company in Indonesia

PT Buana Finance Tbk and PT Bank Jago, Tbk  has signed addendum of Credit Facility Agreement on Monday, August 8, 2022, which is the additional of term loan facility for the Company so the plafond become Rp 500 billion with maximum tenor 48 months and term promissory note facility become Rp 200 billion.

Credit facility will be distribute  for Consumer Finance and Financial Lease lending. Term Loan Facility guaranteed by Company receivables and term promissory note facility without guarantee.