Jakarta — PT Jaminan Kredit Indonesia (Jamkrindo), a member of the Indonesia Financial Group (IFG) holding company, once again reported strong financial and operational performance throughout 2024. Its audited consolidated financial statements underscore a year of solid asset growth, increased guarantee revenues, and healthy net income—further reinforcing Jamkrindo’s standing as a key pillar of credit guarantee services in Indonesia.
As of December 31, 2024, the company’s total assets stood at Rp32.36 trillion, edging up from Rp32.23 trillion the previous year. This upward trajectory reflects Jamkrindo’s consistent management strategy in fostering sustainable growth through sound asset management and an optimized guarantee portfolio.
Throughout 2024, Jamkrindo recorded a guarantee volume of Rp300.3 trillion, serving a total of 7.8 million MSME borrowers nationwide. This performance not only reflects the institution’s extensive operational reach, but also its direct contribution to the national economy—helping support employment for approximately 14.4 million individuals. The scale and impact of these efforts reinforce Jamkrindo’s strategic role in broadening access to finance for micro, small, and medium enterprises.
On the revenue side, net guarantee income rose to Rp6.92 trillion, up from Rp6.35 trillion in 2023. In addition, net investment income climbed to Rp1.46 trillion, compared to Rp1.20 trillion the year prior.
The company posted a comprehensive income of Rp1.07 trillion, signaling its ability to maintain sound financial health amid external challenges and rising claims obligations. Abdul Bari, Acting President Director of Jamkrindo, credited the achievement to the collective effort of the company’s workforce in maintaining a careful balance between business expansion and prudent risk management.
“This positive performance is not merely a reflection of financial growth—it demonstrates tangible impact on Indonesia’s MSME sector,” said Bari. “We remain committed to being a trusted partner in advancing financial inclusion and fostering a sustainable financing ecosystem.”
With total equity of Rp13.34 trillion, Jamkrindo’s financial position remains robust and well-equipped to support long-term business resilience. These accomplishments strengthen its strategic progress toward becoming the first-choice institution for SME financial accessibility in Indonesia.
Jamkrindo’s 2024 audited financial statements were prepared by Amir Abadi Jusuf, Aryanto, Mawar & Rekan, a member of RSM International, which issued an Unqualified Opinion—a reflection of the company’s strong, sound, and disciplined corporate governance practices. “This opinion affirms Jamkrindo’s credibility as a professional and trusted credit guarantee institution,” Bari noted.
Beyond its business operations, Jamkrindo continues to emphasize its commitment to corporate social and environmental responsibility (TJSL). Throughout 2024, the company implemented initiatives across three core pillars: environment, economy, and education.
Under the environmental pillar, programs included the renovation of sanitation facilities in 54 underprivileged schools across Jakarta, Bekasi, and Banten, as well as the planting of 540 economically valuable trees for community forest farmers in Sumbermanjing Wetan.
In the economic sphere, Jamkrindo supported the empowerment of women with disabilities, delivered financial literacy training and workshops for MSMEs, and conducted business classes with the theme Creative Fashionpreneurship.
In education, Jamkrindo reached 5,400 elementary school students with anti-bullying and sex education programs, trained educators in 21 elementary schools across Jakarta under the theme Quality Teachers, Smart Indonesia, and distributed 5,400 school bag packages to elementary students.
About Jamkrindo
PT Jaminan Kredit Indonesia, or Jamkrindo, is a state-owned credit guarantee company and part of the Indonesia Financial Group (IFG). The company offers a broad range of products under both government-backed programs and commercial schemes. Program-based guarantees include KUR (People’s Business Credit). Non-program offerings include guarantees for general credit, microcredit, construction and procurement credit, goods distribution, surety bonds, customs bonds, supply chain financing (including invoice financing), and other credit-related instruments.
Corporate Secretary
Aribowo
[email protected]
Source: PT Jamkrindo Press Release, April 14, 2025