PT U Finance Indonesia is a joint venture financing company that runs business activities of consumer financing and leasing for the purchasing of vehicles, especially cars. Being established in 1995 under the name of PT Arthacakra Multifinance, the name was changed to be PT U Finance Indonesia (henceforth will be called as “U Finance”) when the Company’s majority shareholders was taken over by PT Bank UFJ Indonesia for 80%, and Sojitz Corporation, Japan had 20% on 1st July 2004. In March 2006, there was a change on Shareholders 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. U Finance has 1 (one) Head Office and 10 (ten) branch offices in Indonesia, i.e. Jakarta-Kelapa Gading, Jakarta-Puri Indah, Jakarta-Selatan, Bandung, Surabaya, Semarang, Palembang, Medan, Pekanbaru, and Banjar as well as some stand by points in other areas.