Business Partner, Family Companion
PT Armada Finance was established as a Limited Liability Company with Legal Status in Jakarta, based on the Notarial Deed No. 11, dated 7 April 1994, of Hendrik Lambertus Hans Verhoeven (Bachelor of Law). The Company obtained its business permit based on the Decree of the Minister of Finance of the Republic of Indonesia No. 554/KMK.017/1994 dated 10 November 1994.
PT Armada Finance began its operations in March 1995. On 23 June 1995, the Company started to provide its first financing through the funding support provided by PT Bank Rakyat Indonesia (Persero) Tbk.
Pursuant to its Minutes of Meeting No. 81, dated 30 August 1996, PT Armada Finance moved its Head Office from Jakarta to Magelang in Central Java, with renewed passion and vision to become a dominant player in the Central Java region.
PT Armada Finance belongs to a group of companies named Armada Group, which consists of 40 companies operating in four different industries: automotive trading, autobody manufacturing, financial service, and property & services. The Armada Group’s total turnover in 2018 was more than Rp 8 trillion.
Magelang, 1 October 2019
Directors and Board of Commissioners