Jakarta — As it marks its 55th anniversary on July 1, 2025, PT Jaminan Kredit Indonesia (Jamkrindo) is doubling down on its role as Indonesia’s largest credit guarantee institution, continuing its mission to bridge access to finance for micro, small, and medium enterprises and cooperatives (MSMEs-K). Founded in 1970 and now a member of the Indonesia Financial Group (IFG) holding company, Jamkrindo has become a cornerstone of the nation’s financial inclusion ecosystem, providing guarantee solutions that fuel real-sector growth and strengthen the foundation of Indonesia’s people-centered economy.
The company’s 55th anniversary serves not only as a celebration of its economic contributions, but also as a reaffirmation of its role in driving social impact. With the theme “Growing in Harmony: Integrated and Sustainable,” Jamkrindo underscores a future-focused vision of building both financial resilience and social equity—through a series of nationwide initiatives aimed at empowering communities and supporting vulnerable groups.
“This anniversary is not merely a commemoration—it’s a reflection of our journey and a declaration of our intent to grow alongside the people we serve,” said Abdul Bari, Acting President Director of Jamkrindo. “We want to be more than a guarantor—we want to be a true partner in the financial empowerment of MSMEs and a socially responsible corporate citizen.”
To that end, Jamkrindo is advancing a long-term strategic roadmap focused on four pillars: Building Best Practices, Strengthening Market Position, Expanding into New Segments, and Synergy. This blueprint, Bari explained, is aimed at bolstering the company’s competitiveness while ensuring its relevance in an era of rapid digital and economic transformation.
Among the company’s key strategic shifts is a move from a Conditional Automatic Cover (CAC) model to a more selective Case-by-Case (CBC) approach, alongside ongoing product diversification and the deployment of a modernized, integrated core business system. Additional efforts include optimizing subrogation recovery, strengthening risk management protocols, and investing in internal talent development.
Jamkrindo’s transformation extends across five foundational areas:
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Strengthening Partnerships – through strategic collaboration with banks, non-bank financial institutions, government bodies, state-owned enterprises, and reputable private-sector players.
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CBC Human Capital Development – by training Relationship Managers in risk-mitigated credit analysis.
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Proactive Market Strategy – including the development of strategic project pipelines and client segmentation based on risk and opportunity.
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Product Innovation & Flexibility – with a focus on tailored solutions for digital and green projects.
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Service Digitization – through the full integration of JaguarS, an end-to-end digital platform designed to deliver speed, transparency, and scalability.
“Innovation and transformation must remain at the heart of our operations,” said Bari. “The world is changing fast, and we must meet new challenges with creative, effective, and sustainable solutions.”
Krisna Wijaya, Chairman of the Board of Commissioners, emphasized that true success goes beyond financial metrics. “Legacy is not just about reputation—it’s about the values we instill today that will shape the company’s future. Integrity, professionalism, and a deep commitment to national progress must be our foundation,” he said.
As part of its anniversary celebrations, Jamkrindo rolled out a series of socially driven initiatives aimed at education and empowerment. These include:
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Anti-bullying and anti-violence education for children
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Financial and digital literacy workshops for MSMEs in 10 cities
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Empowerment programs for female inmates at the Tangerang Class II A Women’s Correctional Facility
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Support initiatives for people with disabilities
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Holiday donations for underserved communities
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Distribution of school uniforms and ICT-based learning tools to elementary students
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“Jamkrindo Inspiratrip: One Day, 1,000 Inspirations” – an immersive experience designed to inspire and build confidence in orphaned children across Indonesia
These initiatives are deeply aligned with the company’s commitment to the UN Sustainable Development Goals (SDGs)—in particular, Goal 4 (Quality Education) and Goal 8 (Decent Work and Economic Growth).
About Jamkrindo
PT Jaminan Kredit Indonesia (Jamkrindo) is a state-owned credit guarantee company under the umbrella of the Indonesia Financial Group (IFG). Its product portfolio spans both program-based guarantees—such as the People’s Business Credit (KUR)—and non-program guarantees, including general credit guarantees, microcredit, bank guarantees, construction and procurement guarantees, distribution financing, surety bonds, customs bonds, supply chain financing (invoice financing), and other credit-related guarantees.
Abdul Bari
Acting President Director
[email protected]
Press Release
Tuesday, July 1, 2025