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16 October 2020

bank bjb Encourages the Acceleration of Economic Recovery through MSMEs Financing

BANDUNG – bank bjb continues to show its commitment in encouraging efforts to accelerate the National Economic Recovery (PEN) with a series of programs and banking service products provided. Located at West Java Province Independent Job Training Center, Jalan Soekarno Hatta, Bandung, Thursday (15/10/2020), bank bjb holds a socialization of People's Business Credit (KUR) product to BLKM training alumni business players.

The socialization of this financing product was carried out to West Java BLKM alumni who reside in various areas in Bandung Raya, covering Bandung City, Bandung Regency, West Bandung Regency, and Cimahi City. These MSMEs are a group affected by economic crisis due to COVID-19 pandemic to the point that they need encouragement.

The socialization is attended by Head of Manpower and Transmigration Office (Kadisnakertrans) West Java Province, Ir. Rahmat Taufik Garsadi, M. Si., Head of West Java Province BLKM Rina Puspita Nurhayati, S. AP, M. AP., Attended by representatives from bank bjb MSMEs Credit Division and Regional Office (Kanwil) 1.

Head of Corporate Secretary Division bank bjb Widi Hartoto said bank bjb is in all-ready position to provide capital to MSME players who need fresh funds to strengthen their capital. Through this socialization, the company wants to encourage business players to take advantage of banking financial service facilities to encourage the maximum revival of their business.

"From the start, bank bjb is constantly providing stimulation and convenience to business players so that they can maintain and develop their business scale. We hope that the various steps taken by bank bjb can push the use of banking facilities from bank bjb which are really considered as a basic need in strengthening the business," said Widi.

BLKM alumni are given an overview of KUR product features so that they can understand the product that is specifically designed to help MSMEs players. bank bjb KUR can be accessed by individual business actors or business entities engaged in the productive economy sector which at least the business has been running for minimum 6 months.

The credit limit provided reaches up to Rp.500 million. Meanwhile, the maximum loan period is 36 months for new debtors who want to access working capital financing and 60 months for investment category.

As a government bank partner, bank bjb is ready to give full support to efforts the business world through credit stimulation. This step is also in line with bjb PENtas (Strengthening of the National Economy, Resilience and Prosperity) program initiated by West Java Governor Ridwan Kamil. One of these initiatives is implemented through financial support to MSMEs segment and the labor-intensive productive sector along with the needs of local governments.

In his remarks, the Kadisnakertrans said that the synergy between financial institutions and local governments is one of the strategies in national economic recovery, especially MSMEs sector in West Java. By cooperating with bank bjb, which always sided with MSMEs sector by providing assistance of business capital, it is considered to be able to accelerate economic recovery, especially in West Java.


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