Pt Clipan Finance Indonesia Tbk (Indonesia)

PT. Clipan Finance Indonesia Tbk. (CFIN) is a joint venture company between Credit Lyonnais and PT. Bank Pan Indonesia Tbk. CFIN operates in financing activities in the form of lease financing, factoring and consumer financing. In conducting its business activities, CFIN focuses its financing activities on assets with high returns while continuing to pay particular attention to the quality of the assets. In financing activities, CFIN focused more on the financing for the ownership of motorized four-wheeled vehicles, particularly secondhand cars, both commercial and non-commercial vehicles, whose types and brands have a high reselling value. In leasing activities, CFIN focused on the financing for capital goods in the form of new heavy equipment, especially motorized four-wheeled vehicles, both commercial and non-commercial, commonly used in various industries and with low risk profiles. CFIN was listed on Indonesia Stock Exchange in 1990 under the Main Board. The company was founded in 1982 and based in Jakarta, Indonesia.