Surabaya | Perusahaan Umum Jaminan Kredit Indonesia (Perum Jamkrindo) together with PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim) signed a Cooperation Agreement (PKS) on Credit Guarantee. The credit guarantee includes Multipurpose Credit Guarantee, Micro Credit Guarantee, Counter Bank Guarantee Credit Guarantee, Keppres Pattern Construction Credit Guarantee, and Standby Loan Pattern Construction Credit Guarantee.
"This partnership cooperation is very strategic and aims to further improve the performance of each stakeholder, both in increasing the realization of Credit/Financing by Bank Jatim and increasing the guarantee volume by Perum Jamkrindo," said the Director of Guarantee Business at Perum Jamkrindo, Bakti Prasetyo, at the PKS signing event at JW Marriott Hotel Surabaya, Tuesday (20/1/2016).
Bakti stated that this cooperation is not the first time. Perum Jamkrindo and Bank Jatim have long established a partnership. "With the enactment of the Guarantee Law, the role and function of guarantee institutions will become even broader, one proof of which is this cooperation with Bank Jatim," said Bakti.
The President Director of Bank Jatim, R. Soeroso, stated that the guarantee volume received by Perum Jamkrindo from Bank Jatim as of December 2015 was Rp28.03 billion. The number of guaranteed customers was 18,422.
He also claimed that Bank Jatim’s credit disbursement is performing well and growing annually (year-on-year). Based on the audited December 2015 financial report, the total was Rp28.41 trillion. "An increase of 8.46%," he said.
The highest contribution to credit disbursement growth came from commercial credit, which increased by 10% y-o-y to Rp5.70 trillion, consumer credit by 8.83% y-o-y to Rp18.19 trillion, and MSME credit by 5.21% to Rp4.53 trillion.
The Director of Guarantee Business at Perum Jamkrindo, Bakti Prasetyo, stated that the partnership with Bank Jatim is strategic. "This aims to further improve the performance of each party," he said.
Jamkrindo itself targets credit guarantees to reach Rp115 trillion in 2016. Of this amount, Rp65 trillion is targeted from non-people's business credit (KUR) guarantees, and the rest from KUR guarantees.
Bank Jatim’s President Director, R. Soeroso, stated that Jamkrindo's role as a guarantor is highly needed by Bank Jatim. Jamkrindo guarantees credit and provides risk mitigation. "As a guarantee partner, Jamkrindo functions to minimize the credit risk that we distribute to the public," he said.
Besides Soeroso, the event was attended by Bank Jatim’s Director of Medium and Corporate Business, Su’udi, and Director of Agribusiness and Sharia Business, Tony Sudjiaryanto. Also present was the Head of the Credit Guarantee Business Division at Jamkrindo Bank, Lies Permana.
The President Director of Perum Jamkrindo, Diding S. Anwar, previously explained that Jamkrindo is optimistic that the guarantee business will continue to grow. Jamkrindo targets that in 2016, the volume of credit guarantees can reach Rp115 trillion. Of this amount, Rp65 trillion will be targeted from non-KUR guarantees and the rest from KUR guarantees.
Regarding cooperation with Bank Jatim, Bakti Prasetyo hopes the benefits can be directly felt by the public and corporations in utilizing Credit/Financing products, especially in the multipurpose credit, micro, counter bank guarantee, Keppres pattern construction, and Standby Loan Pattern Construction sectors.
Perum Jamkrindo, as a guarantee company, provides guarantees to Bank Jatim. Both institutions share the same vision in providing opportunities for the public and corporations that have so far been unable to access capital sources to obtain financing.
Another goal of this cooperation is to enhance synergy between the two financial institutions and support the smooth running of both companies' business activities.
In 2015, Perum Jamkrindo was in a strategic growth position in line with the growth of the company’s equity and assets. Perum Jamkrindo recorded a pre-tax profit of Rp780.179 billion by the end of December 2015.
The company’s total assets as of December 31, 2015, amounted to Rp11.388 trillion. This value increased compared to the assets recorded by the end of 2014, which were Rp10.02 trillion (yoy). Meanwhile, equity was recorded at Rp9.267 trillion, up from the equity position as of December 31, 2014, which was Rp8.417 trillion.
To improve services to business partners, Perum Jamkrindo has established a service network across Indonesia. Currently, Jamkrindo has a total of 55 branch offices and 10 service unit offices. (team)