JAKARTA – The distribution of cooperative and micro, small, and medium enterprise (MSME) empowerment funds by 13 newly joined Regional Development Banks (BPDs) has been delayed, although the government remains confident that the Rp 3.5 trillion target will be achieved.
Choirul Djamhari, Deputy for Business Restructuring and Development at the Ministry of Cooperatives and SMEs, stated that the delay was due to the fact that the launch of these 13 new BPDs as KUR distributors had not yet taken place.
"Despite this, the overall KUR distribution target for all BPDs, including the 13 existing ones, remains unchanged at Rp 3.5 trillion. This will not affect the performance of the 26 BPDs that support the six national banks in distributing KUR," he said today.
The government is not concerned about the delay in launching the participation of these 13 additional BPDs, as they only need to finalize agreements with two credit guarantee companies, PT Jaminan Kredit Indonesia (Jamkrindo) and PT Asuransi Kredit Indonesia (Askrindo).
He estimated that before May 2011, the agreements between the guarantee companies and the 13 BPDs would be completed, allowing them to start distributing KUR, following the example of 13 other BPDs that had already begun working alongside Bank BTN, BNI, BRI, Bank Mandiri, Bank Bukopin, and Bank Syariah Mandiri.
"Last year, the distribution by 13 BPDs was also delayed due to amendments in KUR regulations by the KUR Policy Committee under the coordination of the Coordinating Ministry for Economic Affairs. However, the Rp 2.75 trillion distribution target for those BPDs was still achieved," he added.
The 13 BPDs that have already been distributing KUR include Bank DKI Jakarta, Bank Jabar Banten, Bank Jatim, Bank Jateng, Bank DIY, Bank NTB, Bank Sulut, Bank Kalbar, Bank Kalsel, Bank Kalteng, Bank Maluku, and Bank Papua.
Meanwhile, the BPDs set to join as KUR distributors in 2011 are Bank Kaltim, Bank Sulsel, Bank NTT, Bank Lampung, Bank Bengkulu, Bank Riau Kepri, Bank Sumsel Babel, Bank Sulteng, Bank Sultra, Bank Jambi, Bank Aceh, Bank Sumut, and Bank Bali.
Regarding the Rp 750 billion KUR distribution target for the newly joined 13 BPDs, Choirul Djamhari explained that this amount aligns with their capacity to distribute funds.
"This figure is realistic since not all BPDs have the ability to distribute large amounts of KUR to the real sector. However, some banks have requested to exceed their initial distribution ceiling. For example, Bank NTT has planned to increase its allocation from Rp 50 billion," he explained.
(Source: Bisnis.com)