MUFG, Danamon, Adira Finance, Zurich Indonesian Insurance, And Home Credit Indonesia: Synergy Supports Indonesia's Automotive Industry

Photo: Doc. Danamon

JAKARTA - MUFG Bank, Ltd. (MUFG), PT Bank Danamon Indonesia Tbk (BDMN), PT Adira Dinamika Multi Finance, Tbk (ADMF), PT Zurich Asuransi Indonesia Tbk (Zurich), and PT Home Credit Indonesia realized a synergy of strength with confidence as a single Financial Group that supports the automotive industry and Indonesia's economic growth.

With networks spread across Indonesia and around the world, financial power, and a variety of holistic financial solutions capable of answering every need, the five entities in the Group can reach all parts of the value chain of the Indonesian automotive industry, ranging from producers, suppliers, dealers, to retail customers. Collectively, the five companies have more than seven million customers and more than 1,100 office networks throughout Indonesia.

Kazushige Nakajima, Executive Officer, Country Head of Indonesia, MUFG, explained that the MUFG group continues to show a strong commitment to supporting the advancement of the automotive industry in Indonesia.

"In every stage of the supply chain from upstream to downstream, the MUFG Group always strives to provide comprehensive financial services to customers. Our participation in IIMS 2025 is a tangible manifestation of our goal in supporting the development of the automotive industry in Indonesia," he said, in a written statement, quoted Monday, February 24.

D. Ejima, President Director of Danamon, explained that as part of the One Financial Group, Danamon is in a very unique position to be able to reach all parts of the automotive industry through various financial solutions, both business actors and retail customers.

"The solution that Danamon offers together with MUFG, Adira Finance, Zurich, Home Credit Indonesia, and its strategic partners reflects the global and local strengths possessed by various holistic financial solutions that are the answer for all customer needs. We are proud to be part of the progress of the Indonesian automotive industry," he explained.

Dewa Made Susila, President Director of Adira Finance, explained, as the leading multifinance company in Indonesia, Adira Finance continues to innovate in providing financing solutions that suit the needs of the community. With strong support from MUFG, Danamon, Indonesian Insurance Zurich, and Home Credit Indonesia in one financial ecosystem, we provide more complete services, ranging from motor vehicle financing to insurance protection and financial planning solutions.

"This synergy allows us not only to support vehicle ownership for consumers, but also to strengthen the automotive industry as a whole, encourage business growth of dealer partners, and contribute to a more inclusive and sustainable national economy," he said.

Edhi Tjahja Negara, President Director of Zurich, explained that his party is very proud to be part of the MUFG Financial Group to jointly provide integrated financial services for the community.

"We believe that the collaboration between Zurich in the MUFG Group ecosystem will make a positive contribution to national economic growth and insurance industries through adaptive and inclusive insurance solutions. Through the MUFG Group, Zurich seeks to provide protection to the wider community," said Edhi.

Animesh Narang, Chief Executive Officer of Home Credit Indonesia, explained, together in a single Financial Group and with a large Group of expertise and expertise, Home Credit is here to support the Group to reach and serve the wider Indonesian people, including automotive consumers by providing financing for automotive accessories and gadgets, for every step of their lives.

"Home Credit offers consumer financing solutions that can be accessed through the Home Credit network in more than 20,000 partner stores in more than 200 cities in Indonesia. With this spirit, Home Credit Indonesia welcomes all Group customers, including in the automotive value chain, to utilize our special services and offers to better complement their financial needs and manage their finances," he explained.

As a single Financial Group, the five Group entities can serve the entire journey of an automotive product from the production stage to being purchased and used by consumers. In the production stage by production companies or importers by brand-holding agents (APM), MUFG and Danamon as banking entities provide a variety of financial solutions to support businesses, such as loans, trade finance, and tresuri.

Similar support is also given to companies that supply raw materials, components, and other production supporters. Not only in the support of corporate banking alone, MUFG corporate customers can take advantage of supporting financial solutions from Danamon, such as opening salaries and other employee benefits, and with Zurich for employee insurance.

In the distribution stage, MUFG and Danamon also serve distributors, dealers, and APM, along with the role of Adira Finance in providing financing solutions through dealers and APM throughout Indonesia.

At the retail consumer stage, support for the purchase and use of motorized vehicles is also available holistically through Danamon, Adira Finance, Zurich, and Home Credit Indonesia. For customers who choose to use their own funds in the purchase of vehicles, they can take advantage of savings solutions (such as Danamon More and Danamon More PRO) and investment (such as conventional mutual funds or exchange traded funds (ETF) to raise funds.

For customers who choose financing products or want to manage cash further, they can take advantage of vehicle purchase credit products such as KPM Prima, synergy results from Danamon and Adira Finance. In the purchasing process, consumers can also buy Autocilin car insurance or motorcycle insurance for Motorpro which is available from Zurich and is also offered through Danamon's marketing channel.

Finally, to complete consumer needs in shopping for related needs, such as accessories, electronic devices, and other supporting consumer products, you can take advantage of the solutions offered by Home Credit Indonesia through retail networks throughout Indonesia, with debit cards or Danamon credits, or solutions from Adira Finance with multipurpose financing.

The availability of comprehensive solutions for automotive consumers can also be felt if consumers consider buying a replacement car or motorbike, especially those who want to take advantage of additional exchange solutions through Momobil and Momotor, part of Adira Finance.

Thus, together in One Financial Group, MUFG, Danamon, Adira Finance, Zurich, and Home Credit Indonesia offer holistic financial solutions and in accordance with the unique needs of each customer group (tailored) that reaches all parts of the value chain of the Indonesian automotive industry.

Starting from the corporate segment -- including motor vehicle manufacturers and the entire supply chain, distributors, and dealers -- which are jointly served by MUFG and Danamon, to end customers who are served jointly by Danamon, Adira Finance, Zurich, and Home Credit Indonesia, making the five entities, along with their strategic partners, One Financial Group, which has the power to support the growth of the automotive industry and the Indonesian economy.