Establishing the road to a global consumer recovery in the era of COVID-19
Sekretariat Kabinet Republik Indonesia We Must Follow The Development of Global Automotive Industry
The central bank of Indonesia decided to revise the down payment requirements for the purchase of a car in an attempt to boost credit growth . Per 18 June 2015, those Indonesian consumers who use a loan from a financial institution to purchase a passenger car need to pay a minimum down payment of 25 percent . It is estimated that around 65 percent of all car purchases in Indonesia are made through a loan. Jongkie Sugiarto, Chairman of the Indonesian Automotive Industry Association , said the …
Read More