The Indonesian Credit Guarantee Corporation (Perum Jamkrindo) successfully obtained the Infobank BUMN Award 2017 in the “Golden Trophy” category as an SOE rated “Very Good.” Perum Jamkrindo managed to retain the award for 5 consecutive years, based on the rating results issued by the Infobank Magazine Research Bureau.
This year as well, Perum Jamkrindo ranked number 7 out of 56 SOEs that were rated by Infobank Magazine for good performance. Of those 56 SOEs, Perum Jamkrindo is the only SOE mandated by the government in the field of guarantee business.
The award given by Infobank Magazine was received by the Acting President Director of Perum Jamkrindo, I. Rusdonobanu, accompanied by Guarantee Business Director Amin Masúdi and Corporate Secretary Abdul Bari at the BUMN 2017 award night in Yogyakarta, Thursday, October 12, 2017.
I. Rusdonobanu said that he is proud of Perum Jamkrindo’s performance achievements at this time. This award also proves that the company exists and grows positively every year. In addition, this award will further boost the company’s performance to be even better in the coming years. “Perum Jamkrindo will continue to grow and develop to improve its performance according to the wishes of its stakeholders,” said Rusdonobanu.
This year, the Infobank Research Bureau once again conducted an assessment or rating of the financial performance of SOE companies based on the financial performance for the 2015-2016 fiscal period. Out of 122 SOEs included in the rating, 56 companies were rated “very good,” based on business growth and financial ratios as the main criteria.
Perum Jamkrindo occupies the 7th position as an SOE that received a “very good” rating based on the 2016 performance assessment. According to Infobank’s notes from the 2016 financial report, Perum Jamkrindo managed to record excellent performance. Last year, Perum Jamkrindo’s assets increased by 15.16 percent from 2015 to reach Rp13.41 trillion, while net profit reached Rp692.05 billion, an increase of 10.66 percent from 2015.
Perum Jamkrindo is the only National Guarantee Company appointed to guarantee KUR, which aims to develop MSMEs and Cooperatives, as well as to serve as the Warehouse Receipt Guarantee Institution.
Established on July 1, 1970, Perum Jamkrindo is increasingly growing and developing into the locomotive of the guarantee industry in Indonesia. Through 9 regional offices, 56 branch offices, and 16 Service Unit Offices (KUP), Perum Jamkrindo demonstrates a strong commitment to helping MSMEs and Cooperatives (UMKMK) throughout Indonesia to guarantee against the risk of financial failure of MSME entrepreneurs. Some of Perum Jamkrindo’s credit guarantee products include Surety Bond Guarantee, Bank Guarantee, Micro Credit Guarantee, Multi-Purpose Credit Guarantee, Subsidized Mortgage Guarantee (FLPP), Non-Subsidized Mortgage Guarantee, Motor Vehicle Credit Guarantee, Maritime and Fisheries Credit Guarantee, and Productive Credit Guarantee.