As a State-Owned Enterprise (BUMN) credit guarantee provider, Perum Jamkrindo has successfully received the Golden Trophy award from Infobank Magazine. This award is presented for the company's achievement in maintaining an "Excellent" rating in financial and business governance in previous years.
Perum Jamkrindo's Director of Finance, Investment, and Risk Management, I. Rusdonobanu, said the company successfully maintained the Golden Trophy from Infobank Magazine at the Infobank BUMN Award event from 2016 to 2018, marking the third consecutive win. This award further positions the company as the top choice for the best credit guarantee company in the country.
"For us, this award serves as motivation to continue providing the best service year after year. It is also a significant achievement and a great recognition for all employees and management of Perum Jamkrindo," said I. Rusdonobanu after receiving the Golden Trophy at the Infobank BUMN Award 2018 held at Hotel Shangri-La, Jakarta, on Wednesday, September 26, 2018.
Rusdonobanu mentioned that this award is not only an achievement but also a challenge to continue delivering the best for the nation. Especially since this is the third consecutive win, it presents a challenge for Perum Jamkrindo to maintain this success in the years to come. To that end, Perum Jamkrindo will continue to innovate and strive for excellence.
"Innovation is very important to maintain this achievement. It is not easy to sustain outstanding performance for a BUMN company in the credit guarantee sector, which has earned an 'Excellent' rating for five consecutive years in the annual BUMN ranking published by Infobank Magazine. Through innovation and the right strategies, Perum Jamkrindo has positioned itself as the best," explained Rusdonobanu.
Outstanding Performance of Perum Jamkrindo
As quoted from KONTAN Daily (February 28), the impressive profit results were supported by income from net guarantee fees amounting to Rp 1.81 trillion, an increase of 13.84% compared to Rp 1.59 trillion in 2016. Similarly, investment income increased by 2.37% to Rp 601.63 billion, compared to Rp 587.68 billion in December 2016.
On the other hand, claim expenses and total operating expenses for Jamkrindo also increased. For instance, at the end of 2017, the company paid out claims amounting to Rp 1 trillion, a 14.73% increase compared to Rp 871.58 billion at the end of 2016. Meanwhile, total operating expenses increased by 7.76% to Rp 708.17 billion.
In total, by December of the previous year, Jamkrindo's assets amounted to Rp 14.68 trillion, a 9.47% increase from Rp 13.41 trillion at the end of 2016. Throughout 2017, Jamkrindo successfully recorded guarantee volumes for non-KUR (People's Business Credit) amounting to Rp 98.10 trillion and KUR amounting to Rp 50.47 trillion. In terms of numbers, the number of SMEs guaranteed for non-KUR was 2.84 million, and for KUR was 2.23 million.
In 2018, Perum Jamkrindo continues to improve by emphasizing efficiency and effectiveness to face increasingly significant business challenges. This requires the readiness of all company elements to perform better while maintaining its core competency in the SME sector.
"Therefore, we must evolve by prioritizing efficiency, productivity, and being prudent in assessing business risks," said Randi Anto, the President Director of Perum Jamkrindo, in an official statement to Kontan.co.id on Tuesday (February 27).