Jakarta | PERUM Jamkrindo is committed to continuously improving credit guarantees. One of the steps taken is establishing a strategic partnership with PT Bank Negara Indonesia (BNI) in the maritime sector.
“We were invited by the Coordinating Minister for Maritime Affairs and the Financial Services Authority to work on the maritime sector. We are also committed to continuing synergy with various stakeholders in the future,” said Diding S. Anwar, President Director of Perum Jamkrindo, in Jakarta on Wednesday (15/4).
He explained that to realize this commitment, the first commercial Cooperation Agreement (PKS) between Jamkrindo and BNI had been signed. “This is very strategic and aims to further improve the performance of each stakeholder to increase the realization of Credit/Financing by BNI as well as the volume of Guarantees by Perum Jamkrindo,” he said.
One form of support from BNI is providing Working Capital Credit (KMK) to Mina Rizki Abadi Fisheries Cooperative (KOMIRA), with Perum Jamkrindo acting as the credit guarantor. KOMIRA itself is a BNI debtor engaged in the capture and trade of marine fish, established in 2003 with eight marine fish capture and collection locations spread across Indonesia.
Bakti Prasteyo, Director of Bank Guarantees at Perum Jamkrindo, said that the signing of this Cooperation Agreement (PKS) relates to Credit Guarantee for the Micro, Small, Medium Enterprises, and Cooperatives (UMKMK) sector. This strategic partnership is carried out to expand access and financial services for UMKMK.
The signing was conducted by Lies Permana Lestari, Head of the Bank Guarantee Marketing Division of Perum Jamkrindo, and Siwi Peni, Head of the Commercial and Small Business Division of BNI. The signing was witnessed by Diding S. Anwar, President Director of Perum Jamkrindo, and Ahmad Baiquni, President Director of PT. BNI (Persero).
Diding further explained that he is optimistic that the growth of the guarantee business will improve. Moreover, Jamkrindo, which is part of the Indonesian Guarantee Companies Association (Asippindo), predicts that the guarantee sector will grow even further. This can be seen from the strong commitment of the government and stakeholders to channel People's Business Credit (KUR), which is planned to reach IDR 20 trillion this year.
The government has also reduced the KUR interest rate from the previous 22% to 21%, making the guarantee business quite promising in the future.
“With these considerations, Jamkrindo targets credit guarantees of IDR 77 trillion in 2015, an increase compared to the previous year’s IDR 40.7 trillion,” said Diding S. Anwar.
Regarding the cooperation with BNI, Diding stated that the enhancement of this partnership is expected to be more beneficial to the public in utilizing BNI’s Credit/Financing products, especially for micro and small businesses, and Jamkrindo’s Guarantee products, which in turn are expected to foster and strengthen UMKMK further.
Another goal of this cooperation is to increase the synergy between the two state-owned enterprises (BUMN) and to support the smooth running of PT. Bank Negara Indonesia (Persero) Tbk and Perum Jamkrindo’s business activities. “This synergy is a strategic step to optimize the utilization of both companies’ business potentials, based on the principle of mutual benefit,” said Diding S. Anwar.
As is known, in 2015 Perum Jamkrindo was in a strategic position that grew in line with the growth of the company’s equity and assets. The company’s total assets as of March 31, 2015, were IDR 10.294 trillion, an increase of 22.64% from the same period the previous year (yoy). Meanwhile, total equity as of March 31, 2015, reached IDR 8.606 trillion, an increase of 27.91% from March 31, 2014. The profit for the year amounted to IDR 197.592 billion, an increase of 39.62% from March 31, 2014, with a total Gearing Ratio of 10.47x.
To improve services to business partners, Perum Jamkrindo, which currently has 35 branch offices, has also established 21 Service Unit Offices (KUP) at the district/city level.