NETA Collaborates with BCA for Dealer Financing Facilities

16 December 2023

16 December 2023

NETA Collaborates with BCA for Dealer Financing Facilities

Jakarta, 16 December 2023 – The leading electric car distributor company in Indonesia, PT Neta Auto Indonesia (NETA), this Friday (15/12) signed a cooperation agreement with PT Bank Central Asia Tbk (BCA) as a banking partner that will provide dealer financing facilities (dealer financing) NETA Indonesia. The signing event was attended by management from both parties, including PT NETA Auto Indonesia Managing Director Jason Ding, PT NETA Auto Indonesia Sales & Network Director Jerry Huang, BCA Executive Vice President Raymond Tanuwibowo, and BCA Senior Vice President Denny Haryanto. By signing this agreement, NETA has received support from BCA as a banking partner who will provide dealer financing facilities to support the expansion and growth of NETA's business in Indonesia.

Managing Director of NETA Auto Indonesia, Jason Ding, stated that this collaboration with BCA is expected to support and optimize NETA so that it can provide the best service to consumers. "We are very proud to have support from one of the largest banks in Indonesia, namely BCA. With this support from BCA, it is proof that NETA has gained the trust of the Indonesian banking world and is our enthusiasm to continue optimizing our business in the future." explained Jason.

Financing support from BCA is not only a strategic step for NETA's expansion, but also reflects the commitment of both parties. As part of this agreement, BCA will provide support in facilitating dealer financing. With this collaboration, NETA Auto Indonesia can focus more on improving the quality of its services and product portfolio in the Indonesian market.

“We would like to thank NETA Indonesia for entrusting BCA to be its official banking partner. "We hope to support NETA to expand its reach and business development, so that Neta and BCA can develop together in the future as mutually beneficial working partners," said Raymond Tanuwibowo as Executive Vice President of BCA.

This collaboration is expected to strengthen NETA's position in the Indonesian automotive market, and help NETA achieve its business expansion goals and provide added value for electric car consumers throughout Indonesia. The synergy between BCA and NETA is also expected to strengthen the implementation of Environmental, Social and Governance (ESG) values in both companies, make a positive contribution to the development of the electricity-based automotive industry in Indonesia, and support government programs related to reducing carbon emissions.