Fitch affirms BFI Finance

Fitch Ratings said it affirmed PT BFI Finance Indonesia Tbk's national rating and its senior debt at A(idn).

The outlook is stable.

Fitch said it has also assigned A(idn) ratings to BFI's proposed bond program of up to 1.2 trillion rupees and to its medium-term notes program amounting to 225 billion rupees.

According to the agency, BFI's A(idn) national rating takes into account its established franchise in leasing and consumer financing, its experienced management team and strong capitalization.

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