Indodana And BCA Cooperate On Financing Services

JAKARTA - The financing company PT Indodana Multi Finance (Indodana Finance) is working with PT Bank Central Asia Tbk (BCA) in order to increase the reach of financial services to underbanked communities.

"The collaboration is in the form of providing working capital financing from BCA for Indodana Finance," said Indodana Multi Finance Director Iwan Dewanto in Jakarta, quoted from Antara, Tuesday, April 23.

Financing from BCA will be used by Indodana Finance to further grow people's financial inclusion through various affordable products and services and guaranteed security, along with more than 30,000 offline and online merchant partners.

"We hope that the cooperation with Bank BCA, Indodana Finance can answer the wider need for financing in the community in expanding financial inclusion, especially for people who are still underbanked with a wider reach and support the business development of Indodana Finance merchants spread throughout Indonesia," he said.

Meanwhile, BCA's EVP Corporate Banking Sylna said BCA supports the digitization of financial services that are increasingly developing and make it easier for the public to meet their various needs, including through the distribution of financing to Indodana Finance, which has the Financial Services Authority (OJK) license.

"Cooperation with BCA is expected to improve Indodana Finance's financial services and increase financing reach for users," he said.