Perum Jamkrindo celebrated its 49th anniversary on July 1, 2019, with promising performance achievements. With its increasingly mature age, Perum Jamkrindo continues to strengthen its business lines, both in guarantee programs and non-program sectors.
According to the audited financial report for 2018, Perum Jamkrindo's guarantee volume was recorded at IDR 174.74 trillion, with a pre-tax profit of IDR 508.3 billion. These figures exceeded the 2018 Corporate Work Plan and Budget (RKAP), which targeted a guarantee volume of IDR 156.6 trillion and a pre-tax profit of IDR 343 billion. In 2018, the number of micro, small, medium enterprises (MSMEs), and cooperatives whose businesses were guaranteed by Perum Jamkrindo reached 7 million units.
Perum Jamkrindo's President Director, Randi Anto, explained that the company continues to strive to increase the guarantee volume to boost the economy in society. "The more people who receive credit guarantees, the greater the potential for economic activity growth in the community," said Randi Anto.
In 2019, Perum Jamkrindo targeted a guarantee volume of IDR 182.36 trillion, an increase of 16.5 percent from the 2018 RKAP target of IDR 156.6 trillion. By May, the guarantee volume had reached IDR 90.38 trillion, growing by 22.5 percent, with pre-tax profit (EBT) recorded at IDR 302.52 billion, or 42.37% of the 2019 pre-tax profit target of IDR 714 billion.
As of May 2019, assets stood at IDR 17.19 trillion, an increase of 5.81% from the assets as of December 31, 2018. Meanwhile, equity reached IDR 11.55 trillion, an increase of 2.34% compared to December 31, 2018.
“Perum Jamkrindo will continue to be committed to expanding the guarantee market by establishing new collaborations with banks, non-bank financial institutions, and state-owned enterprises (SOEs), as well as conducting strategic studies to create guarantee products in line with the development of the banking/non-bank industry," said Randi Anto.
The dynamic economy demands quick responses from corporations, including Perum Jamkrindo. The company has set various strategies through strengthening human resources competencies, automating business processes by enhancing the operational management system, developing value-added products, strengthening market penetration through various innovations, and initiating synergies with various business partners.
One of the latest innovations in the guarantee sector is the implementation of the marketplace guarantee (MPG), which can create a captive market for guarantees by acting as a supplier of a database of potential MSMEs that are creditworthy and eligible for guarantees to guarantee recipients.