SMF have zero bad credit

PT Sarana Multigriya Financial ( Persero ) recorded no non-performing loans ( NPLs ) during 2013. Director of SMF , Raharjo Adisusanto , said NPL SMF is currently zero percent .

This is due , in extending loans to banks or finance companies , SMF requires guarantees smooth . So that although liquidity borrowing institution down , SMF bill remains smooth .

" And because the banks do have bills smoothly . So , baseball is delinquent at all . Underlying or collateral that we would otherwise require a smooth , " he explained , in a performance report , in Jakarta , Wednesday ( 26/03/2014 ) .

In addition , during 2013 and , SMF record net profit of Rp 144.7 billion , or an increase of 3 percent over the previous year , amounting to Rp 140.4 billion .

" This achievement is counted fairly good considering the market conditions were volatile in 2013 , primarily related to an increase in interest rates is quite significant , " he said .

The increase in profit is due to institutions that make loans to SMF increased . In 2012 , SMF provides loans to 10 institutions , while by 2013 had become 13 institutions . They are 4 commercial banks , six Islamic banks , finance companies and 3 .

" For commercial banks , the largest loan of BTN , because the focus is on the BTN housing , " he concluded .