Denpasar - PT Federal International Finance (FIF Group) is targeting financing distribution to reach IDR 93.9 billion in 2025 in Bali or an increase compared to the 2024 realization of IDR 92 billion, considering the positive growth of the tourism sector.
"Bali is still a tourism magnet so that it can support the increase in financing targets," said Head of Marketing for Spektra FIF Group Bali I Gusti Ngurah Junaedi in Denpasar, Bali, Sunday.
Meanwhile, financing distribution in 2024 increased by around 10 percent compared to the realization in 2023.
According to him, the pattern of customer financing absorption on the Island of the Gods is estimated to remain the same, namely at most around 75 percent for automotive or motor vehicle financing, followed by cash fund applications.
Then, financing for the purchase of electronic and household products through Spektra with an average realization of up to IDR 8.5 billion.
Meanwhile, the portion of financing for motor vehicles, especially motorbikes in Bali for the January 2025 period has reached an average of 80 percent.
He explained that the average output of new motorbikes in Bali is estimated to reach around 8,000-10,000 units, around 3,000-3,500 units of which use the company's financing facilities.
To support the realization of financing in 2025, the party is boosting market share through the Spektra Meriah exhibition program at Ramayana Denpasar on February 23 to March 1, 2025.