Reporter: Ika Puspitasari | Editor: Yudho Winarto
PT Transkon Jaya Tbk (TRJA) is focusing on improving its financial performance and marketing by paying full attention to the financing components, particularly the interest rate. The interest rate is a crucial factor determining the installment rate, subsequently affecting the rental prices of vehicles.
Alexander Syauta, Corporate Secretary of TRJA, mentioned that the company keeps a close eye on the movement of loan interest rates in the market and compares them with the interest rates in the financial reports.
Effective from February 1, 2020, the company has obtained an interest rate reduction from its major creditor, PT Dipo Star Finance, amounting to 0.75%. As a result, the effective rate applied is 9.00%.
“This interest rate reduction applies to all Mitsubishi products financed by PT Dipo Star Finance and is an extraordinary measure on the part of PT Dipo Star Finance,” he stated in a press release on Tuesday (23/2).
This reduction significantly supports the company’s cost-efficiency program, focusing on maintaining and projecting an improvement in financial performance recorded in each period.
Moreover, he added that the current interest rate is even lower than the rates offered by some commercial banks for corporate categories. Through its consistent performance, PT Transkon Jaya Tbk has been building trust among creditors, encouraging the company to actively market its services throughout Indonesia. The reduced interest rate allows the company to offer more competitive rental prices to its customers and potential customers.
