PT KDB Tifa Finance Tbk
IIDX:TIFA324.00
IDR
-22.00
(-6.36%)
ISIN
ID1000120504
Return %
Stock
S&P 500
1Y
-18.59
14.20
3Y
-38.29
81.12
5Y
-37.69
68.34
Capital Structure
IDR
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in mil. unless spec.Working Capital
IDR
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in mil. unless spec.Growth Rates
IDR
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in mil. unless spec.Quarterly Revenue
IDR
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in mil. unless spec.Quarterly Earnings Per Share
IDR
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in mil. unless spec.Quarterly Dividends Per Share
IDR
•
in mil. unless spec.Company Description
- CEO
- Jae Seong Cho
- Full Time Employees
- 91
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Equity Tower Jakarta JK Indonesia 12190
- IPO Date
- Jul 4, 2011
- Website
- kdbtifa.co.id
- Similar Companies
- Business
- PT KDB Tifa Finance Tbk is an Indonesia-based finance company primarily engaged in investment financing, working capital financing, and multipurpose financing. It operates through four main business segments: Finance Lease, Multipurpose Financing, Sharia Financing, and Treasury. The company’s product offerings include sales and leaseback arrangements, factoring with recourse, installment financing, business capital facilities, operating leases, and Sharia-compliant financing products such as Ijarah and Ijarah Muntahiyah Bittamlik services. PT KDB Tifa Finance serves a diverse customer base in Indonesia with branch offices in Jakarta, Surabaya, and representative offices in Semarang, Balikpapan, Makassar, and Pekanbaru. Founded in 1989 as PT Tifa Mutual Finance Corporation and headquartered in South Jakarta, the company has grown substantially over the decades. A significant recent development occurred in 2020 when The Korea Development Bank (KDB) acquired an 80.65% ownership stake in the company, resulting in a rebranding to PT KDB Tifa Finance Tbk and placing KDB as the controlling shareholder. This acquisition has positioned the company for future business development and expansion with stronger financial backing. In 2025, PT KDB Tifa Finance Tbk received the Most Efficient Multifinance Award at the Bisnis Indonesia Financial Awards, reflecting operational efficiency improvements. The company maintains a comprehensive financing services portfolio that includes leasing financing, consumer financing, factoring, and Sharia financing, targeting individuals and corporate clients across Indonesia. Its strong credit risk assessment and monitoring frameworks contribute to a lower incidence of non-performing loans. Operationally, PT KDB Tifa Finance Tbk continues expanding its market presence and optimizing financial performance under the strategic guidance of its Korean parent, leveraging KDB's global network and expertise in the financial sector. Overall, PT KDB Tifa Finance Tbk is a leading multifinance company in Indonesia offering a broad range of financing solutions with a robust backing from its majority shareholder, Korea Development Bank, and strategic initiatives geared towards growth and service innovation. The company’s headquarters are in Jakarta, and it remains committed to serving the Indonesian market with diversified financial products and strong operational controls.