Jakarta–Perum Jamkrindo recorded a comprehensive profit in 2014 of Rp724.66 billion or up 62.79% from Rp445.14 billion in 2013. The profit increase was caused by higher guarantee service fees, investment income, and other income (subrogation).
Meanwhile, guarantee income in 2014 reached Rp1.44 trillion or up 7.6% from Rp1.33 trillion in 2013. That guarantee income includes income from 13 guarantee products, namely general credit guarantee, micro credit guarantee, bank guarantee/counter guarantee, construction credit guarantee and procurement of goods/services, goods distribution guarantee, multi-purpose credit guarantee, People’s Business Credit (KUR) guarantee, surety bond, BPR/BPRS credit guarantee, KPR Sejahtera FLPP guarantee, customs bond, cargo agency guarantee, and invoice financing guarantee.
President Director of Perum Jamkrindo, Diding S. Anwar, during the 2014 performance presentation at Jamkrindo’s head office in Jakarta on Friday, February 13, 2015, said that claim expenses in 2014 increased to Rp1.02 trillion or up 6% from Rp963.39 billion in 2013. “The increase in claim expenses was caused by the rise in KUR (People’s Business Credit) claims in line with the increase in the guaranteed outstanding amount,” said Diding, who was accompanied by Jamkrindo’s directors.
Diding explained that investment income in 2014 also increased to Rp531.36 billion or up 52.8% from Rp347.67 in 2013. Meanwhile, operating expenses in 2014 increased to Rp328.42 billion or up 43% from Rp229.6 billion in 2013. “The increase in operating expenses is in line with business development and the expansion of the company’s operations,” he explained.