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KMF has intensified the effort to boost finance cooperation

Date 2006.06.27

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KMF has intensified the effort to boost finance cooperation with 2 giant Korean Electronic Manufacturers in Indonesia, PT SAMSUNG ELECTRONICS INDONESIA and PT LG ELECTRONICS INDONESIA especially in facilitating factoring facilities to their vendors. Since August 2005 KMF has set up revolving factoring limit to SEIN and LG as Customers and binding them in “Understanding of Factoring” to accelerate the factoring application process.