Company History

PT BFI Finance Indonesia Tbk (“BFI” or the “Company”) was set up in 1982 as PT Manufacturer Hanover Leasing Indonesia, a joint venture between Manufacturer Hanover Leasing Corporation from the United States and local partners.

Year 1982

  • Founded as a joint venture with Manufacturer Hanover Leasing Corporation, US


Year 1990

  • Granted multifinance license and renamed as PT Bunas Finance Indonesia
  • Listed on the Jakarta and Surabaya Stock Exchanges (now Indonesia Stock Exchange) with ticker code BFIN


Year 2001

  • Renamed PT BFI Finance Indonesia Tbk


Year 2007

  • Awarded Moody’s rating of Baa1(id)


Year 2011

  • Trinugraha Capital Co & SCA acquired 44.95% of the company Awarded Fitch rating of A(idn)


Year 2012

  • Issuance of Management and Employee Stock Options Program (“MESOP”) of up to 5% equivalent new shares from the total shares in the Company


Year 2013

  • The opening of BFI’s new head office (BFI Tower) located in BSD City, South Tangerang
  • Fitch upgraded rating to A+(idn)


Year 2016

  • Upgrade by Fitch Ratings to AA-(idn) and national short term rating to F1+(idn)