Jakarta – PT Jaminan Kredit Indonesia (Jamkrindo) has signed a credit guarantee partnership agreement with PT Bank Central Asia Tbk (BCA). The ceremonial signing took place on Friday, January 26, 2024, at the BCA Tower in Jakarta. Present at the event were Henry Panjaitan, Director of Business Guarantee at Jamkrindo, Abdul Bari, Director of Institutional and Services at Jamkrindo, and John Kosasih, Director at BCA.
Henry Panjaitan emphasized that as a pioneer in credit guarantee services in Indonesia, Jamkrindo continues to support strategic government programs. He stated that this partnership is a strategic step for both companies to expand their relationship in a sustainable manner.
“As a credit guarantee institution in Indonesia, we are committed to focusing on the progress of the MSME sector. We hope that BCA’s support in terms of access to financing will be a key to success in economic growth, as well as the development of MSMEs,” he said.
John Kosasih, Director of BCA, explained that the partnership between BCA and Jamkrindo is a step toward contributing to the development of MSMEs and accelerating economic growth in Indonesia. BCA sees the MSME sector as having enormous potential to advance the national economy.
BCA offers People’s Business Credit (KUR) of up to IDR 500 million with competitive interest rates starting from 6% effective per year. This program also offers additional benefits such as no administrative or provision fees, making financing more affordable for MSME owners.
“Through this collaboration, we hope to continue increasing the distribution of KUR from BCA so that Indonesian MSMEs can produce high-quality products and market them not only domestically but also internationally,” said John.
Meanwhile, Abdul Bari stated that Jamkrindo remains committed to improving financial accessibility for MSMEs to financial institutions. This commitment is reflected in various guarantee services that help MSMEs access financing from financial institutions.
As a credit guarantee company, Jamkrindo plays a crucial role in bridging feasible MSMEs to access financing through guarantee services. “With this collaboration, MSMEs that have feasible businesses but are not yet bankable will be assisted in obtaining credit to increase their business capacity,” said Abdul Bari.
About Jamkrindo
As a credit guarantee company under the Indonesia Financial Group (IFG), Jamkrindo offers a wide range of products, including both program-based and non-program-based guarantees. For program-based guarantees, Jamkrindo provides guarantees for People’s Business Credit (KUR) and working capital credits (KMK) as part of the National Economic Recovery (PEN) program. Non-program-based guarantees include general credit guarantees, microcredit guarantees, construction and procurement credit guarantees, goods distribution guarantees, surety bonds, customs bonds, supply chain financing (invoice financing) guarantees, and other credit-related services.
Corporate Secretary
PT Jamkrindo
Aribowo
Email: [email protected]
Source: Press Release PT Jamkrindo
January 28, 2024