KONTAN.CO.ID - JAKARTA. PT CIMB Niaga Auto Finance (CNAF) recorded new financing disbursements of IDR 7.9 trillion through October 2025. This figure remains relatively stable compared to the same period last year.

CNAF President Director, Ristiawan Suherman, stated that this year's financing trend aligns with the automotive market, which remains under pressure.

"This achievement is the same as the same period last year. This is in line with the current market pressure," Ristiawan told Kontan, Tuesday (November 4, 2025).

He added that to maintain positive performance, CNAF is diversifying its products beyond motor vehicle financing. Toward the end of the year, the company is preparing to launch a gold financing product as part of its expansion strategy in the non-automotive segment.

"Product diversification into other segments is one of the business innovations that will enable the company to continue growing," he explained.

On the funding side, CNAF also receives strong support from its parent company, PT Bank CIMB Niaga Tbk (BNGA), through joint financing schemes and loans with competitive interest rates.

"We receive support in terms of funding sources for our cost of funds in the form of joint financing and loans with competitive interest rates," he continued.

In addition to relying on funding from its parent bank, CNAF also continues to explore alternative funding sources with lower costs to offer more competitive financing to consumers.