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Company Profile of
PT PPA Finance

Company Name

PT PPA Finance

Date of Establishment

21 December 2009

Issued and Fully Paid Capital

IDR 150,000,000,000

Line Of Bussiness

1. Leasing
2. Factoring
3. Consumer Finance
4. Other financing according to consumer needs and approved by OJK

Authorized Capital

IDR 400,000,000,000

Address

Gedung Sampoerna Strategic Square, North Tower Lantai 9
Jalan Jenderal Sudirman
Kav. 45-46
Jakarta 12930

PT PPA Finance (“PT PPAF”) was established based on Deed No. 03 dated 21 December 2009 made before Notary Lindawati Wiranata, SH. The deed of establishment was approved by the Minister of Law and Human Rights of the Republic of Indonesia based on Decree No. AHU-00096.AH.01.01 Year 2010 dated 5 January 2010. PT PPAF is a financing company established by PT Perusahaan Pengelola Aset (Persero) (“PT PPA”) and PPA Employees Cooperative. The business license of financing company was obtained from the Minister of Finance on 15 June 2010.

The purpose and objective of PT PPAF establishment is to support PT PPA in assisting managed SOEs and SOEs subsidiaries in financing the purchase of capital goods while prioritizing mutually beneficial commercial aspects. In addition, PT PPAF also targets SOEs and their subsidiaries that are not managed by PT PPA, including private companies that are considered prospective to be financed.

Vision

To be the leading Financing Company in Indonesia for State-Owned Enterprises and Regional-Owned Enterprises in particular and for Private Companies in general.

Mission

  • Focusing on Shareholders’ interests by increasing the Company’s value;

  • Being able to provide financing products according to customer needs by prioritizing excellent service, competitiveness, added value, diversification in financing products, optimal financing results, and mutual benefits between the Company and customers;

  • Improving service quality, reliable system and technology that are always oriented towards efficiency and effectiveness;

  • Developing human resources continuously through improvement of quality and expertise.

Organizational Structure

The Company’s organizational structure has been stipulated in accordance with SK number SK-03/PPAF/2018. The organizational structure is set out in accordance with the duties and functions specified in OJK regulations and the Company’s business needs in the future. The fulfillment of the functions as stated in the organizational structure will be carried out in stages through recruitment from both internal and external parties.

Meanwhile, supporting functions such as HR & general affairs and information technology are performed in the form of shared services. The implementation of shared services is one of the strategies of the Company and PT PPA Group so that the Company can focus on business growth and the supporting operational activities can run efficiently.

ANNUAL REPORT 2019 PPA FINANCE

ANNUAL REPORT 2018 PPA FINANCE

ANNUAL REPORT 2017 PPA FINANCE

FINANCIAL REPORT PPA FINANCE 31 DESEMBER 2020

SUSTAINABILITY REPORT PPA FINANCE TAHUN 2020