KONTAN.CO.ID - JAKARTA. The Financial Services Authority (OJK) stated that multipurpose financing remains the main contributor to new financing in the multifinance industry.

Agusman, Chief Executive for Supervision of Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Services Institutions, explained that multipurpose financing in the multifinance industry reached IDR 20.95 trillion as of March 2026.

"Multipurpose financing dominates, accounting for 48.55% of total new financing," he said in a written answer sheet to the OJK's RDK (Regional Financial Report) on Thursday (May 7).

Agusman stated that the total disbursement of new financing in the multifinance industry was recorded at IDR 43.15 trillion as of March 2026.

Furthermore, Agusman explained that the development of new financing disbursement in the multifinance industry going forward will be influenced by various factors, including the dynamics of financing demand and the application of prudential principles in the disbursement process.

"Thus, it is hoped that growth can be balanced by maintaining financing quality," he said.

In line with OJK data, multifinance company PT Adira Dinamika Multi Finance Tbk (Adira Finance) also stated that multipurpose financing remained the backbone of the company's performance as of March 2026.

Adira Finance Chief Financial Officer Sylvanus Gani revealed that as of March 2026, the value of multipurpose financing reached IDR 6.4 trillion.

"In terms of portion, the multipurpose segment contributed 54% to the company's total financing," he told Kontan.

Gani explained that the multipurpose segment's dominance was driven by the continued strong demand for consumer financing, particularly for vehicles and collateral-based cash loans.