Definition
Pembiayaan Bersama / Penerusan Pinjaman – An arrangement common among Indonesian multifinance companies where a bank funds most (commonly 95%) of a loan or lease originated by the finance company, which continues to handle origination, collections, and servicing for a fee. Structured "without recourse," the credit risk on the bank's portion sits with the bank, not the finance company, and the underlying receivables and matching bank funding are typically kept off the finance company's own balance sheet as a disclosed commitment rather than a reported loan and liability. Found In: Notes to Financial Statements (commitments disclosures)