Automotive
The central bank of Indonesia determined to revise the down fee requirements for the purchase of a car in an try to spice up credit progress . Per 18 June 2015, those Indonesian consumers who use a loan from a monetary institution to buy a passenger automotive need to pay a minimal down fee of 25 % . The minimum down payment for business Automotive News autos remained at 20 p.c. It is estimated that around 65 p.c of all car purchases in Indonesia are made through a loan. On the long-term, the federal government wants to turn Indonesia into …