Pinrang – PT Jamkrindo has officially signed a Memorandum of Understanding (MoU) with the Government of Pinrang Regency regarding Surety Bond services. The signing ceremony was attended by Ahmadi Akil, Acting Regent of Pinrang, and Abdul Bari, Director of Institutional and Service Operations at Jamkrindo.
Abdul Bari explained that the MoU represents a strategic move for the company to expand its ongoing partnership with the Pinrang Regency Government. The scope of the products covered by the agreement includes bid bonds, performance bonds, advance payment bonds, and maintenance bonds.
“With this MoU, we hope that the cooperation with the Pinrang Regency Government will become even more productive in the future,” said Abdul Bari on Thursday, July 11, 2024, in Pinrang, South Sulawesi.
Expanding Non-Program Credit Guarantee Services:
Jamkrindo is focusing on increasing its share of non-program credit guarantees, which are not assigned by the government. This is part of the company’s broader strategy to ensure the sustainability of its business operations. The signing of the MoU with the Pinrang Regency Government aligns with this strategy, as it helps Jamkrindo diversify and expand its non-program credit guarantee services.
“The company has prepared several strategies to boost its share in non-program credit guarantees, including developing partnership networks to penetrate and expand the market, enhancing customer service quality and coverage through IT-based solutions, and improving human resource competencies and productivity,” Abdul Bari added.
Strengthening Collaboration with Local Governments:
As Indonesia’s largest credit guarantee company, Jamkrindo is focused on building partnerships with various institutions and agencies, including local governments. The cooperation with the Pinrang Regency Government is expected to serve as a gateway for further collaboration with other regional governments across Indonesia.
“We hope that this MoU will serve as a stepping stone to achieve even greater synergies in the future,” said Abdul Bari.
Advantages of Jamkrindo’s Surety Bond:
Abdul Bari emphasized that Jamkrindo’s Surety Bond products offer several advantages, including a barcode scanning feature that allows project owners to verify the validity and authenticity of the guarantee form directly.
“With this feature, project owners can conduct real-time checks,” he explained.
About Jamkrindo:
As a state-owned credit guarantee company under the Indonesia Financial Group (IFG) holding, Jamkrindo offers a wide range of products, both program-based and non-program guarantees. For program guarantees, Jamkrindo provides products like KUR (People’s Business Credit) and KMK (Working Capital Credit) under the National Economic Recovery (PEN) program. For non-program guarantees, Jamkrindo offers general credit guarantees, microcredit guarantees, construction and procurement guarantees, goods distribution guarantees, surety bonds, customs bonds, supply chain financing (invoice financing), and other credit guarantees.
For more information, contact:
Aribowo
Corporate Secretary, PT Jamkrindo
[email protected]