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ADMF – The expansion on microcredit segment The merger between Adira Dinamika Multi Finance (ADMF) and Mandala Multifinance (MFIN) has received approval from the Financial Services Authority (OJK). As part of the merger, ADMF will become the surviving entity on October 1, 2025. Following the merger, ADMF will acquire over 250 new branches and gain access to MFIN's microfinance segment. ADMF is also projected to hold assets worth IDR38.4 tn and manage financing exceeding IDR62 tn. Previously, MFIN focused on microloans with a ceiling below IDR20 mn, while ADMF offered financing up to IDR500 mn. ADMF has also formed a dedicated team to oversee the transition process and ensure a smooth integration. (Source : Kontan)