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Jamkrindo Wins Award as Best State-Owned Enterprise (BUMN)

Jamkrindo Wins Award as Best State-Owned Enterprise (BUMN)

Jamkrindo Wins Award as Best State-Owned Enterprise (BUMN)

Perum Jamkrindo has once again secured a prestigious accolade, receiving a special award as The Best Indonesia SOE from Infobank Magazine.

As the largest credit guarantee company in Indonesia, Perum Jamkrindo was honored in the "The Most Outstanding Guarantee Company 2019" category, recognizing its remarkable achievements, solid reputation, and high market trust.

The award ceremony took place on Friday, October 25, 2019, at Hotel Indonesia Kempinski, Jakarta. Perum Jamkrindo’s President Director, Randi Anto, stated that this recognition is a testament to the company’s hard work in maintaining superior business performance and reliable product quality. "This award motivates us to consistently deliver excellent business performance and services," he emphasized.

Through its credit guarantee business, Perum Jamkrindo strives to support the growth of micro, small, and medium enterprises (MSMEs), as well as cooperatives, contributing to national economic development. "We remain committed to expanding our guarantee market by establishing new collaborations with banking and non-banking institutions, as well as other SOEs, while conducting strategic studies to develop guarantee products aligned with industry trends," added Randi.

Furthermore, Government Regulation (PP) No. 35 of 2018 on Perusahaan Umum Jaminan Kredit Indonesia allows Perum Jamkrindo to extend its guarantee services beyond MSMEs, while still operating within the SOE synergy framework.

From a business performance perspective, Amin Mas’udi, Director of Business Guarantee at Perum Jamkrindo, reported continuous growth in the company's performance. As of September 2019 (Q3), Perum Jamkrindo’s total guarantee volume reached IDR 162.89 trillion, consisting of: Non-KUR Guarantees: IDR 115.08 trillion and KUR Guarantees: IDR 47.81 trillion.

Additionally, as of September 2019, total assets stood at IDR 17.43 trillion, reflecting a 7.3% increase compared to December 31, 2018. Meanwhile, equity reached IDR 11.82 trillion, marking a 4.6% growth over the same period. The company's earnings before tax (EBT) in September 2019 amounted to IDR 595.05 billion, or 83.34% of the corporate budget target (RKAP).

This recognition reinforces Perum Jamkrindo’s commitment to delivering excellence in financial services, ensuring continued growth and innovation in the credit guarantee industry.

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PT Jaminan Kredit Indonesia

DKI Jakarta, Indonesia