Suara.com – President Director of PT CIMB Niaga Auto Finance or CNAF, Ristiawan Suherman stated that his party chose to provide financing services to the automotive industry. The reason is, CNAF assesses that automotive sales growth is good nationally.
As quoted from the Antara news agency, the good growth in automotive sales nationally has provided a positive factor for the company because it can absorb higher market demand for new four-wheeled vehicles throughout 2022. There is also the potential to increase sales of used four-wheeled vehicles or used cars in following years.
In addition, through offering the automotive sector, it is hoped that it can support the company’s growth in 2023 and continue the company’s positive trend which has always had positive growth in terms of both asset performance and income and profits over the last three years.
“NAF will continue to innovate by providing the best service through digitalization as the economy improves, especially from the automotive industry,” said Ristiawan Suherman.
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CIMB Niaga won a prestigious award at the 2021 ASEAN Corporate Governance Scorecard (ACGS) Awards from the ASEAN Capital Markets Forum (ACMF).
Then, in an event that was watched online, CNAF also issued a Public Offering of Sukuk Wakalah Bi Al-Istitsmar I CIMB Niaga Auto Finance 2023 with a maximum investment capital of IDR 1 trillion.
“Through the Bi Al-Istitsmar I Sukuk Wakalah Offering, we hope to be able to provide innovative investment products that will be of interest to investors,” explained Ristiawan Suherman in the Public Expose of the CIMB Niaga Auto Finance Bi Al-Istitsmar I Sukuk Public Offering 2023.
The Bi Al-Istitsmar I 2023 Wakalah Sukuk Offering consists of two series, namely Series A with a period of 370 calendar days and Series B with a period of 3 years from the date of issuance. The profit sharing coupon for Series A is equivalent to 6-7 percent and Series B is equivalent to between 7-.75 percent.
