Tifa Finance (TIFA) has obtained loan facility of Rp150 billion from Bank Central Asia (BBCA), used to fund its financing expansion in the future. The loan consists of 2 series (installment loan). TIFA has earlier signed financing agreement of Rp100 billion with Bank CIMB Niaga (BNGA). Per June 2017, TIFA’s liability reached Rp1.21 trillion. It booked net profit of Rp13.37 billion in first half (H1) tof this year.
