Danamon Wins Best Automobile Financing in Indonesia at The Asian Banker Indonesia Awards 2026

Ecosystem synergy and digital transformation support 44% growth in Danamon's automotive financing business

Jakarta, 7 September 2026 – PT Bank Danamon Indonesia Tbk (“Danamon”) has received the prestigious Best Automobile Financing in Indonesia award at The Asian Banker Indonesia Awards 2026, held on August 20, 2026. This award reflects Danamon’s success in developing an integrated automotive financing ecosystem and delivering holistic financial solutions for customers. The Asian Banker Indonesia Awards recognizes financial institutions for transformation achievements that create tangible customer impact, based on assessments conducted by the International Advisory Council.

Ivan Jaya, Consumer Funding & Wealth Business Head of PT Bank Danamon Indonesia Tbk, said, “We see automotive financing as an important avenue to deepen customer relationships and create long-term value. Through the synergy of MUFG, Danamon, and Adira Finance, we not only help customers fulfill their vehicle ownership needs, but also deliver a more integrated experience through a wide range of holistic financial solutions at every stage of their financial journey. This approach has become one of the key foundations of our sustainable business growth and our commitment to creating greater value for customers.”

Amid the dynamics of Indonesia’s automotive market, which contracted by approximately 10–12% in 2025, Danamon’s automotive financing business grew by more than 40% in fiscal year 2025 compared to fiscal year 2024. This performance was supported by prudent financing practices and a strategic focus on customers in the emerging affluent and affluent segments. This approach enabled Danamon to maintain portfolio quality while supporting healthy and sustainable business growth.

Within Danamon’s automotive financing ecosystem, Adira Finance plays a key role in product development, operations, and collection processes, while Danamon supports distribution through its branch network, digital channels, payroll programs, and relationship management teams. MUFG’s corporate customer base further complements this model by creating opportunities for new customer acquisition through employee banking and payroll-linked acquisition programs. In addition to driving automotive financing growth, this business also contributes to Danamon’s profitability and strengthens its retail banking ecosystem.

Digital transformation has also become a key pillar supporting Danamon’s automotive financing performance. Through D-Bank PRO, customers can browse vehicle catalogs, run financing simulations, and submit financing applications digitally within a seamless and integrated journey. These efforts are further strengthened by collaboration among Danamon, Adira Finance, and other MUFG Group entities through various collaborative events, including test drive activities designed to increase customer engagement and expand market reach. Danamon also leverages major automotive exhibitions such as the Indonesia International Motor Show (IIMS) to connect with prospective customers through relevant financing offers.

Danamon applies a pre-screening process and utilizes internal customer behavioral data to support accurate and measurable risk assessments. This approach also reinforces Danamon’s commitment to maintaining the quality of its automotive financing portfolio while upholding prudent banking principles.

“This ecosystem goes beyond providing financing products. It reflects Danamon’s commitment to building broader and deeper banking relationships with customers. We see significant opportunities to strengthen these relationships through savings products, time deposits, Wealth Management solutions, credit cards, and other banking services. The integration of installment payments through Danamon savings accounts is also expected to provide greater convenience while further enhancing customer engagement and fostering long-term relationships,” Ivan added.

Serving approximately two million customers and supported by a distribution network that reaches various regions across Indonesia, Danamon remains committed to delivering innovative, efficient, and customer-centric automotive financing solutions.

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