KONTAN.CO.ID - JAKARTA. PT Mandiri Utama Finance (MUF) recorded solid financing performance for the productive segment. Its performance until December 2024, improved compared to the previous month.

Head of Corporate Secretary & Legal Mandiri Utama Finance, Elisabeth Lidya Sirait said that until December 2024, MUF's productive financing distribution reached IDR 3.9 trillion. This figure grew 23.7% compared to the same period in the previous year. This financing contributed 18% of the company's total portfolio.

"With this growth, MUF is optimistic that the productive financing market still has the potential to grow in 2025 along with the national economic figures that continue to record growth," Elisabeth told Kontan.co.id, Monday (20/1).

Furthermore, Elisabeth said that in 2025, MUF is targeting financing distribution in the productive sector to reach IDR 4.2 trillion, or grow by 6.5% year on year (YoY). This is driven by government policies and the support of the Financial Services Authority (OJK) which continues to provide direction for the development of the productive sector.

The strategies implemented by MUF to maintain the distribution of productive financing this year include, MUF is aggressively promoting the company's productive sector financing products through digital marketing and the MUF Auto Fest automotive exhibition held in various major cities in Indonesia.

"In addition, the company also continues to expand its office network so that MUF's reach to the community is wider to provide financing services," he said.

Meanwhile, the strategy implemented to face the challenges in distributing productive financing in 2025, MUF continues to provide easy and fast services, while maintaining asset quality. Then, management is also committed to strengthening credit analysis and risk management to ensure that financing distribution remains healthy.

"We are also investing in technological innovation by adopting a digital platform for the application and disbursement process," he said.

Previously, the Financial Services Authority (OJK) was implementing a number of efforts to encourage multifinance companies to increase financing distribution to the productive sector in 2025. A number of these efforts have been stated in the 2023-2027 fintech P2P lending roadmap and 2024-2028 financing companies.