Financial Services Archives - PT Mitra Cakrawala International

16 December 2025

SG Finance Achieves Outstanding Recognition from APPI

SG Finance once again closed the year on a strong note by receiving a prestigious award at the APPI Members Meeting and Appreciation Awards 2025, held at The Raffles Hotel, South Jakarta, on Wednesday (3/12/2025).

At the event, SG Finance was named First Place as Best Financing Company of APPI 2025 in the category of Financing Companies with Assets Below Rp5 Trillion. In addition, the company was also recognised among the Top Five Financing Companies of 2025 for the same asset category.

The award was presented in recognition of the company’s consistent performance, strong implementation of good corporate governance, and its contribution to supporting the growth of Indonesia’s financing industry.

The assessment was based on key indicators, including regulatory compliance, profitability and growth, profitability ratios, operational efficiency ratios, and market perception.

Three Consecutive Years of Achievement

This outstanding performance further reinforces SG Finance’s credibility, following its previous achievements as First Place as Best Financing Company 2023 in the Assets Category Below Rp1 Trillion, and Second Place as Best Financing Company 2024 in the Assets Category Below Rp5 Trillion.

These consecutive accolades demonstrate SG Finance’s strong commitment to maintaining consistent and healthy performance growth. The awards also reflect the industry’s growing confidence in the company’s performance and corporate governance practices.

Driving Motivation to Strengthen Innovation

Recognition from APPI through this award provides renewed motivation for SG Finance to continue enhancing its performance.

SG Finance’s management stated that this achievement serves as encouragement to further improve service quality, strengthen innovation, and deliver relevant and sustainable financing solutions for business partners and the wider community.

This accomplishment further solidifies SG Finance’s commitment to sustaining healthy growth momentum while creating added value for all stakeholders.

This achievement is also expected to help raise overall standards within the financing industry, with a continued focus on innovation, efficiency, and sustainability.

With this recognition, SG Finance is increasingly confident in facing industry challenges while unlocking greater opportunities ahead.

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5 June 2025

SG Finance “Excellent” Rating for Ten Consecutive Years

SG Finance has once again achieved a proud milestone by being included in the “130 Multifinance Rating by Infobank 2025”, thanks to its outstanding performance throughout 2024.

With this achievement, SG Finance has now earned the title “Excellent” for ten consecutive years, a recognition that not only reflects the company’s strong fundamentals but also proves its consistent superior performance.

This success is closely tied to SG Finance’s exceptional financial performance amid the dynamic and challenging economical landscape. They closed 2024 with significant growth across key financial indicators.

SG Finance was rated highly resilient in terms of growth and financial ratios, scoring an impressive 96,31%, a key metric used in the rating assessment.

In addition, the company recorded a financing increase of 28,56%, rising from Rp1,20 trillion to Rp1,55 trillion in 2023. This figure far outpaced the multifinance industry growth average of only 6,9%.

2025 Business Outlook

The company remains optimistic about its 2025 business outlook. SG Finance is targeting balanced growth through a portfolio rebalancing strategy, built on the strong performance of the previous year.

One of the concrete steps taken is the expansion of working capital financing through factoring, a segment they’ve been developing over the past three years.

While continuing to boost factoring, SG Finance maintains balance by strengthening finance lease products, their main offering that has consistently supported overall performance.

SG Finance aims to reinforce its position in the heavy equipment and vehicle financing segment, with a core focus on the mining sector.

Long-term Vision

Furthermore, President Director Evelyn Halim stated that the company has mapped out a long-term vision to position SG Finance as a financing company with total assets exceeding Rp5 trillion.

This goal will be supported by expanding their business network beyond Jakarta and increasing green financing initiatives in response to global trends and sustainability demands.

The adoption of Environmental, Social, and Governance (ESG) principles is also being embedded into SG Finance’s strategic plans as a core value.

It is no surprise that this achievement has been recognized by various stakeholders, including Infobank, which annually assesses hundreds of finance companies based on their financial performance in its multi-finance rating.

The “Excellent” rating once again earned by SG Finance is a proof that the company not only survives but continues to grow aggressively and healthily in a competitive business ecosystem.

This consistency remains the key to gaining trust from customers, business partners, and other financial institutions.

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24 January 2025

SG Finance Team Gathering: Harmony in Togetherness

SG Finance successfully held its annual team gathering filled with excitement and warmth on December 13-16, 2024, in Yogyakarta.

This four-day event, themed “Amazing Character Building,” aimed to strengthen relationships among employees while refreshing their enthusiasm to face new challenges ahead.

Enjoying the Trip Together

The journey to Yogyakarta, which took approximately six hours by train, was filled with lively conversations, shared stories, and the enjoyment of scenic views along the way.

The warmth of togetherness was already felt before the activities even began.

SG Finance Team Gathering 2024

Upon arrival, the participants gathered at Obelix Sea View, a destination that offered stunning seaside views from a height.

This opportunity was used to relax, take photos, and unwind after the long journey.

Planning and Growth for the Future

The second day began with a meeting and briefing led by the Board of Commissioners and Directors of SG Finance.

The leadership team expressed their appreciation for everyone’s contributions thus far while sharing insights about the company’s significant steps for the future.

SG Finance Team Gathering 2024

One of the reviews for staff’s performance over the past three years, mentions how the team must maintain performance amidst increasingly high challenges.

Employee competency must align with regulations, which means the learning process is essential for everyone without exception.

“The SG Finance’s development demands will also increase the value of our employees in the financial industry, which adheres to the same operational standards,” said the SGFI board of directors.

Meanwhile, Robertus Maria Bambang Gunawan, President Commissioner of SG Finance, highlighted the importance of a “Corporate Learning Organization” to create a growing and sustainable organization.

SG Finance Team Gathering 2024

He outlined five key aspects required: Building Shared Vision, Personal Mastery, Team Learning, Mental Models, and System Thinking.

“SG Finance can sustain its growth because it evolves with the times. This happens because of the Corporate Learning Organization concept, which has been embedded in SGFI since its acquisition, enabling the company to grow,” he explained during his presentation.

Experience Adrenaline and Teamwork

A visit to Yogyakarta wouldn’t be complete without rafting, and the SG Finance team didn’t miss this thrilling activity after wrapping up their meeting agenda.

Participants tested their adrenaline and built team camaraderie by paddling through the currents of the Elo River in Magelang.

SG Finance Team Gathering 2024

Laughter and cheers echoed along the journey as they navigated the exciting rapids together.

After an exhilarating day on the water, the evening was capped off with a hearty meal of traditional Javanese dishes at Kopi Klotok Menoreh, providing a warm and satisfying end to the day.

Exploring the Countryside Charm

The following day, participants were treated to a unique experience: exploring the countryside around Borobudur in classic VW cars.

The tour offered a serene and refreshing view of rural landscapes, complete with lush greenery and picturesque scenery.

SG Finance Team Gathering 2024

The event concluded with an outbound session filled with exciting games designed to foster teamwork and strategic thinking.

Through the challenges provided, participants gained valuable lessons in communication, trust, and synergy to achieve shared goals.

Message from Participants

For many, this gathering left a lasting impression. Novia Dewi shared, “The event was amazing, and I hope it helps make the SG Finance teamwork even stronger.”

She added, “The rafting part was surprising but really fun. The food was delicious, the destinations were beautiful, and the presentations by the BOD and BOC were incredible.”

SG Finance Team Gathering 2024

Nurafni also expressed her thoughts, “The hotel was great, the food was delicious, and the travel destinations were well-chosen. The events were so exciting.”

Arini echoed similar sentiments, noting that the activities were engaging and fun while the presentations by the board were highly inspiring. “The travel arrangements were excellent and comfortable. Everything was so well-prepared,” she concluded.

The entire series of activities successfully brought participants closer and reignited their motivation to work even better in the future.

With the warmth and camaraderie fostered during the gathering, SG Finance is ready to move forward together, facing the future with greater optimism and confidence.