ASOSIASI PERUSAHAAN PEMBIAYAAN INDONESIA
INDONESIAN FINANCIAL SERVICES ASSOCIATION
MULTIFINANCE OUTLOOK
2013
Dennis Firmansjah
Advisor, Indonesian Financial Services Association
INDONESIA
MACROECONOMIC
CONDITION
3
MULTIFINANCE COMPANIES
PERFORMANCE SEPTEMBER
2012
Multifinance Industry Highlight
In million of USD
Description Dec-05
Dec-06
Dec-07
Dec-08
Dec-09
Dec-10
Dec-11
Sep-12
No. Of
Companies
236
214
217
212
198
192
196
196
Total Asset
10.034
11.463
13.396
17.732
18.362
24.242
30.672
35.266
Account
Receivable
6.996
9.803
11.335
14.446
15.004
19.616
25.821
31.288
Loans
6.334
6.887
8.155
11.564
10.733
15.296
19.713
22.191
Bonds
1.071
1.062
1.352
1.210
1.431
1.936
3.188
4.477
Paid in
Capital
1.161
1.161
1.345
1.550
1.830
1.962
2.155
2.708
367
367
330
461
671
824
940
977
Nett Profit/
Loss
24
FINANCING ACTIVITIES
In million of USD
DETAIL
Leasing
Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Sep-12
2.010
3.436
3.840
5.335
4.898
5.597
8.062
11.316
Factoring
149
137
232
234
213
242
412
429
Credit Card
186
155
152
121
98
92
0
0
Consumer
Finance
4.652
6.074
7.112
8.757
9.795
13.686
17.346
19.543
TOTAL
6.996
9.803
11.335
14.446
15.004
19.616
25.821
31.288
25
Financing Activities Portfolio
35,000
30,000
25,000
20,000
15,000
10,000
5,000
2005
2006
Leasing
2007
Factoring
2008
2009
Credit Card
2010
2011
Consumer Finance
Sept'2012
NPL Multifinance
Financing Sector
Dec'2011
Sept'2012
Leasing
0.32%
0.29%
Factoring
2.81%
1.99%
NA
NA
Consumer Finance
1.59%
1.62%
Total
1.21%
1.14%
Credit Card
THE
RELATED INDUSTRY
REVIEW OF CAR MARKET IN INDONESIA
29
CAR 2012 PERFORMANCE
car sales
1,000,000
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
-
dec 05
car sales 533,91
dec 06
318,90
dec 07
433,34
dec 08
603,77
dec 09
483,54
dec 10
764,71
dec 11
894,17
Oct-12
922,20
30
MOTORCYCLES SALES
Motor sales
9,000,000
8,000,000
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
-
2005
Motor sales 5,074,
2006
4,427,
2007
4,688,
2008
6,215,
2009
5,851,
2010
7,428,
2011
8,006,
Oct
12
Oct-12
6,025,
31
Data source PAABI
32
Data source PAABI
33
OPPORTUNITIES IN 2013
• Indonesian economic growth is estimated at 6.5%
• High demand of transportation needs
• Low Cost Green Car Program (LCGC)
• Infrastructure Development
CHALLENGES IN 2013
• The plan to implement minimum down payment for
Sharia Financing
• The Implementation of Fiduciary Regulation
• Regulation on subsidized fuel restriction
• The decreasing demand of coal and cpo worldwide,
and restriction of unprocessed raw material/natural
resources export will impact HE/Trucks financing
demands
THANK YOU