Orico Balimor Finance

About Orico Balimor Finance

PT Orico Balimor Finance is a name change from PT Mizuho Balimor Finance due to a change in shareholders. On March 31, 2021, Orient Corporation Co., Ltd. (Orico) took over or acquired 51% of the shares of Mizuho Bank, Ltd (“MHBK”) and formed the new name PT Orico Balimor Finance based on Deed Number 94, dated March 31, 2021 and the Decree of the Minister of Law and Human Rights of the Republic of Indonesia, Number: AHU-0020946.AH.01.02.TAHUN 2021, dated April 6, 2021. The business activities of PT Orico Balimor Finance basically cover four types of financing: Investment financing, Working capital financing, Multipurpose financing, and/or other financing business activities based on the approval of the Financial Services Authority, including unit-based service business activities better known as Operating Lease. We focus on car financing and along with the strong growth of the Indonesian automotive sector, the Company will strive to expand the market and develop new products that will meet the needs of Indonesian consumers. We continue to strive to expand our network, to improve relationships with existing business partners and dedicate ourselves to providing the best service for consumers. PT Orico Balimor Finance has a marketing network with 15 branches and 10 outlets spread throughout Indonesia.