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Perum Jamkrindo Wins Two Global Performance Excellence Awards 2019

Perum Jamkrindo Wins Two Global Performance Excellence Awards 2019

Perum Jamkrindo Wins Two Global Performance Excellence Awards 2019

Perum Jamkrindo has achieved global recognition by securing two prestigious international awards at the Global Performance Excellence Award (GPEA) 2019, held in Bali on Tuesday, October 15, 2019. The two awards are:

  1. Best in Class in the Corporate Business Excellence category
  2. APQO President’s Award for Demonstrated Excellence 2019, awarded specifically to Perum Jamkrindo’s President Director, Randi Anto

These awards were presented as part of the 25th Asia Pacific Quality Organization (APQO) International Conference and the Indonesia Quality and Productivity Convention (IQPC) 2019.

Previously, at GPEA 2018 in Dubai, UAE, Perum Jamkrindo had also received the Best in Class award in the corporate business performance and excellence category, marking two consecutive years of international recognition.

Perum Jamkrindo’s President Director, Randi Anto, emphasized that these awards reflect the company's dedication to maintaining superior business performance and high-quality products.

"This recognition serves as momentum for Perum Jamkrindo to consistently uphold business excellence and enhance product quality," said Randi.

Beyond receiving the two awards, Perum Jamkrindo also participated in the Innovation Ace Team Competition, sending two teams, both of which received 3-star recognition for their innovative solutions.

As Indonesia’s only state-owned enterprise (BUMN) specializing in credit guarantees, Perum Jamkrindo plays a pivotal role in supporting micro, small, and medium enterprises (MSMEs). Through its credit guarantee services, the company facilitates easier access to financing for MSMEs, helping drive national economic growth.

Under Government Regulation (PP) No. 35 of 2018, Perum Jamkrindo has expanded its services beyond MSMEs, offering non-MSME guarantees while maintaining synergy within the BUMN ecosystem.

"Perum Jamkrindo operates in a dynamic business and economic environment, adapting to global and national economic changes. Therefore, we continuously improve the quality of services and products for our partners," Randi added.

Perum Jamkrindo has demonstrated significant growth in guarantee volume, reaching IDR 143.01 trillion as of August 2019, reflecting a 26.8% increase from IDR 112.8 trillion in August 2018. This figure accounts for 78.4% of the 2019 corporate budget plan (RKAP) target of IDR 182.36 trillion.

The composition of the guarantee portfolio includes: Non-KUR Guarantees: IDR 101.72 trillion (70.63%) and KUR Guarantees: IDR 41.3 trillion (29.37%). 

As the company expands its guarantee volume, Perum Jamkrindo continues to introduce various innovations to enhance service quality.

In 2016, Perum Jamkrindo initiated a data-driven approach to MSME empowerment, implementing credit rating and mentorship programs to improve MSME financial literacy and business sustainability.

This initiative aims to bridge the information gap between MSMEs and lenders (banks and non-bank financial institutions), ultimately reducing debtor acquisition costs and increasing financial accessibility for small businesses.

Additionally, Perum Jamkrindo continues to strengthen its market presence by expanding partnerships with banking and non-banking institutions, ensuring a wider reach for its credit guarantee services.

With these global recognitions and continuous innovations, Perum Jamkrindo remains committed to enhancing Indonesia’s financial ecosystem and empowering MSMEs to achieve greater economic resilience.

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PT Jaminan Kredit Indonesia

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