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Japan's Mitsubishi UFJ to buy Indonesia auto loan firm Mandala for USD 467 mln, ET Auto

June 26, 2023
Mitsubishi UFJ Financial Group has agreed to acquire Indonesian auto loan provider Mandala Multifinance for USD 467m to expand its presence in Asia and tap into emerging middle-class consumers in the region. The acquisition will enable MUFG to expand its auto loan business in Indonesia via Adira Dinamika Multi Finance.
Mandala Multifinance Financial Group Singapore United Overseas Bank Chinese Banking Corp Indonesia Bank Fama International Silvrr Technology
Source: indiatimes.com

Japan's Mitsubishi UFJ to buy Indonesia auto loan firm Mandala for US$467 million

June 26, 2023
TOKYO/SINGAPORE: Mitsubishi UFJ Financial Group said on Monday (Jun 26) it was buying Indonesian auto loan provider Mandala Multifinance for 7 trillion rupiahs (US$467 million) to deepen its Asian presence and tap consumption growth in emerging markets. Japanese and other Asian companies have been increasi
Mandala Multifinance Chinese Banking Corp Indonesia Bank Fama International Silvrr Technology Bank Danamon Financial Group
Source: channelnewsasia.com

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