FMF-KBC Senior Loan
Sector: Automotive • Location: Indonesia
Source: International Finance Corporation (IFC)
The proposed IFC investment entails a financing package to PT KB Finansia Multi Finance (“FMF”) in the amount of up to US$150 million (in IDR equivalent) to be comprised of senior loans committed in tranches (“Project”). The Project is to support FMF's lending program to sustain and support the recovery of Indonesia’s middle-low income households as well as micro, small and medium enterprises (“MS
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed IFC investment entails a financing package to PT KB Finansia Multi Finance (“FMF”) in the amount of up to US$150 million (in IDR equivalent) to be comprised of senior loans committed in tranches (“Project”). The Project is to support FMF's lending program to sustain and support the recovery of Indonesia’s middle-low income households as well as micro, small and medium enterprises (“MSME”) as well as other financing purpose(s) to be agreed between IFC and FMF during and post COVID-19 pandemic. FMF is a non-banking financial institution (“NBFI”) in Indonesia focusing on providing financing to micro and small entrepreneur/businesses, with motorcycles, cars as collateral. As of December 2019, FMF’s total assets stood at around US$245 million, with equity of around US$41 million. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |