PT U Finance Indonesia is a joint venture financing company that runs business activities of investment financing and multipurpose financing, with main focus on financing for four-wheeled vehicles.

Being established in 1995, under the name of PT Arthacakra Multifinance, the name was changed to PT U Finance Indonesia, when the Company’s ownership was taken over by PT Bank UFJ Indonesia for 80% and Sojitz Corporation, Japan for 20% on July 1, 2004.

In March 2006, there was a change on Shareholder structure, so then the shareholders composition was changed to become: 65% were owned by The Bank of Tokyo-Mitsubishi UFJ, Ltd., 20% were owned by Mitsubishi UFJ Nicos Co., Ltd., 10% were owned by PT Bumiputera – BOT Finance, and 5% were owned by PT Asuransi Tokio Marine Indonesia.  

On 1st April 2018, the controlling shareholder of PT U Finance Indonesia changed its name from The Bank of Tokyo – Mitsubishi UFJ. Ltd. to MUFG Bank, Ltd.

In August 2018, shareholders of PT U Finance Indonesia resolved to increase the paid in capital of the Company, so then the shareholders composition has changed to become: 84.69% are owned by MUFG Bank, Ltd., 8.75% are owned by Mitsubishi UFJ Nicos Co. Ltd., 4.37% are owned by PT Bumiputera-BOT Finance, and 2.19% are owned by PT Asuransi Tokio Marine Indonesia.

PT U Finance Indonesia has a head office, which is located at ANZ Tower, 21st floor, Jl. Jend. Sudirman, Kav. 33A, Central Jakarta, and 10 (ten) branch offices in Indonesia, i.e. in West Jakarta, North Jakarta, South Jakarta, Bandung, Surabaya, Semarang, Palembang, Medan, Pekanbaru and Banjar, as well as some standby points in other areas.