Financing firm Adira Dinamika Multi Finance (ADMF), subsidiary of Bank Danamon (BDMN), issued bonds worth Rp2.26 trillion with tenor of 30 days until 60 months, carrying annual coupon rates at 7.5-9.25%. This bond is part of its Rp9 trillion bond issue program. ADMF reported a 8% growth in lending, to Rp48.1 trillion in H1. Lending for two-wheel vehicles grew 14% and lending to four-wheel vehicles rose 26%. It booked net profit of Rp874 billion in the period, grew 28.34% from Rp681 billion in H1 last year. Interest income rose 12% to Rp5.2 trillion.
