JAKARTA — PT Jaminan Kredit Indonesia (Jamkrindo) has bolstered synergy and collaboration with regional guarantee institutions by signing a Co-Guarantee Agreement with PT Penjaminan Kredit Daerah Jatim (Perseroda) and PT Penjaminan Kredit Daerah Kalteng. The signing ceremony was attended by Jamkrindo’s Director of Institutional Affairs and Services, Abdul Bari; President Director of Jamkrida Jatim, Untung Heri Sukariyanto; Director of Guarantees at Jamkrida Jatim, Sugeng; and President Director of Jamkrida Kalteng, Eko Multazam. Also present were Jamkrindo’s Director of Guarantee Business, Henry Panjaitan, and Chairman of the Indonesian Guarantee Company Association (Asippindo), Ivan Soeparno, who witnessed the agreement.
Abdul Bari described this collaboration as a strategic move for Jamkrindo in its efforts to boost the growth of regional micro, small, and medium enterprises (MSMEs), in line with the Ministry of State-Owned Enterprises’ broader agenda to strengthen local economies.
“Through co-guaranteeing, we aim to provide broader, more integrated services for MSMEs so that they can expand and make a more significant contribution to regional economic development,” said Mr. Bari.
He went on to say that this co-guarantee partnership reinforces guarantee capacities, enabling regional guarantee companies to accommodate larger-scale MSME credit needs. The initiative, he added, reflects the industry’s proactive role in empowering MSMEs, in line with the Asta Cita Mission of the Government and the first 100 days of President Prabowo’s administration.
“This synergy and collaboration are part of our ongoing commitment to achieving inclusive financial access—fulfilling Jamkrindo’s vision as a primary partner in providing guarantee services,” Mr. Bari remarked.
Meanwhile, Henry Panjaitan expressed hope that this joint effort would allow more MSMEs to secure guaranteed financing, thereby strengthening their competitiveness locally and nationally. In addition to working with Jamkrida Jatim and Jamkrida Kalteng, Jamkrindo has also signed agreements with Jamkrida Jakarta and memorandums of understanding with other regional guarantee firms across Indonesia. Mr. Panjaitan believes these partnerships will have a significant impact on reinforcing the national guarantee industry.
“This collaboration reflects our commitment to accelerating the national guarantee industry, aligning with the Roadmap for the Development and Strengthening of Indonesia’s Guarantee Industry while broadening business potential to support MSME growth,” he said.
Ivan Soeparno, Chairman of Asippindo, commended the cooperative efforts between Jamkrindo and regional guarantee companies. He emphasized that such initiatives mark a strategic step in bolstering prudent and measured governance throughout the guarantee ecosystem.
Mr. Soeparno also noted that the Financial Services Authority (OJK) offers strong support for strengthening the guarantee industry through co-guarantee initiatives. This partnership is expected to help create a healthy, trustworthy, and sustainable guarantee sector that can fuel inclusive economic growth nationwide.
“This undertaking is a vital step in enhancing the governance of guarantee companies and mitigating risk by sharing it. We hope this cooperation can be extended to more regional guarantee firms,” Mr. Soeparno said.
About Jamkrindo
PT Jaminan Kredit Indonesia (Jamkrindo) is a credit guarantee company under the Indonesia Financial Group (IFG) holding structure. Jamkrindo provides both program-based and non-program-based guarantees. Among its program-based guarantees are KUR (Kredit Usaha Rakyat) and Working Capital Loan guarantees tied to the National Economic Recovery (PEN) program. Its non-program guarantees include general credit guarantees, microcredit guarantees, construction and goods/services procurement guarantees, and distribution guarantees. Jamkrindo also offers surety bonds, customs bonds, supply chain financing (invoice financing) guarantees, and other credit guarantees.
Corporate Secretary, PT Jamkrindo
Aribowo
Email: [email protected]
PT Jamkrindo Press Release
Thursday, January 23, 2025