Palembang – PT Jaminan Kredit Indonesia (PT Jamkrindo) Palembang Branch Office, which covers the working area of South Sumatra Province, has provided a guarantee ceiling facility of Rp 1 trillion for 542 contractors throughout 2025. The guarantee ceiling value may still increase if contractors request additional ceiling before the end of the year.
Jamkrindo’s guarantee ceiling is a guarantee service designed to accelerate and simplify project guarantee access for business actors, especially contractors and micro, small, and medium enterprises (MSMEs), through the provision of a master guarantee facility that includes counter bank guarantees and surety bonds for a one-year period. With this service, contractors only need to complete administrative requirements once at the beginning, making the process more efficient and practical.
Palembang Branch Head of PT Jamkrindo, Maulana Febrino Poerba, explained that partners who require various types of guarantees, ranging from bid bonds, performance bonds, to maintenance bonds, can apply for a guarantee ceiling at Jamkrindo. “Through the guarantee ceiling, we are committed to providing fast services tailored to contractors’ needs. Moreover, Jamkrindo’s suretyship rates, both for counter bank guarantees and surety bonds, are highly competitive,” Maulana told reporters in Palembang on Wednesday (August 13, 2025).
Eliyanti, Director of PT Citra Anugrah Lestari, one of the contractors in Palembang, South Sumatra, stated that she has been using Jamkrindo’s counter bank guarantee products for several years. “The guarantee issuance process is fast, usually completed within a day. This is very helpful for us contractors who require speed in fulfilling document requirements for procurement processes,” said Eliyanti.
In addition to the speed of guarantee issuance, Eliyanti chooses Jamkrindo’s products because the costs are relatively affordable. “The costs are very affordable and much lower compared to using a full cover bank guarantee. Moreover, with a full cover bank guarantee, we would need to place funds that are blocked throughout the project period. By not having to set aside such funds, we can instead use them as working capital,” she added.
About Jamkrindo
PT Jaminan Kredit Indonesia (PT Jamkrindo) is a credit guarantee company under the holding company Indonesia Financial Group (IFG). Jamkrindo offers a wide range of guarantee products, both program-based and non-program-based. For program-based guarantees, Jamkrindo provides KUR (People’s Business Credit) guarantees.
For non-program guarantees, Jamkrindo’s products include General credit guarantees, Microcredit guarantees, Bank guarantee guarantees, Construction and procurement credit guarantees, Goods distribution guarantees, Surety bonds, Customs bonds, Supply chain financing guarantees (invoice financing), and other credit guarantees
Corporate Secretary
PT Jaminan Kredit Indonesia (PT Jamkrindo)
Krisna Johan
[email protected]
Press Release
PT Jaminan Kredit Indonesia (PT Jamkrindo)
August 13, 2025