ICD projects

IBF Multi Finance

INDONESIA 1435 / 2013
  • Mode Of Finance: Istisnaa
  • ICD contribution: 10,000,000
IBF Multi Finance

LoF facility aims at financing Private Sector projects, especially SMEs in the form of Murabaha and/or Leasing in Indonesia. IBF was established in 1991 in Indonesia and focuses on heavy equipment financing. IBF’s parent company, Intraco Penta (INTA) has been an agent of Volvo heavy equipment in Indonesia since 1982 in addition to several other brands. IBF functions as the financing arm for INTA, which enables it to focus on providing heavy equipment financing for both its captive and non-captive markets.