This year, the award was presented to 179 financial institutions across various sectors, including banking, corporate entities, life and general insurance, reinsurance, and finance companies.
During the event, SG Finance was honored as the “Best Performing Multifinance 2024” in the asset category of IDR 1 trillion to under IDR 5 trillion. Additionally, SG Finance received an “excellent” rating with a total score of 95.69, securing the fourth position among 20 finance companies awarded.
This performance was assessed based on the financial records of the last three periods, from 2021 to 2023, where SG Finance exhibited solid financial achievements across almost all metrics, including assets, financing receivables, and net profit.
“We didn’t expect this, but we are very pleased to be recognized with such an achievement. The assessment was, of course, based on valid sources, and we remain committed to complying with all regulations. Moving forward, we have set growth targets and achievements to reach even more optimal results,” said Anthony Tampubolon, Risk and Compliance Director of SG Finance.
SG Finance has recorded receivables exceeding IDR 1 trillion since the third quarter of 2023. This achievement has elevated SG Finance to a top-tier position in the category of finance companies with assets between IDR 1 trillion and IDR 5 trillion. The company’s business activities include investment financing, working capital, multipurpose financing, and other business operations.
Currently, SG Finance is focusing on financing heavy equipment, new cars, and trucks, a segment believed to provide high returns with a safe risk level.
