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22 October 2020

bank bjb Establishes a Productive Credit Agreement with KADIN West Java

BANDUNG – bank bjb establishes a productive loan distribution agreement with West Java Chamber of Commerce and Industry (KADIN). The agreement is formally bound through the signing of Cooperation Agreement between the two parties at The Trans Luxury Hotel, Jalan Gatot Subroto, Bandung City, West Java, Thursday (22/10/2020).

The signing of cooperation is attended by President Director bank bjb Yuddy Renaldi, Director of Commercial UMKM bank bjb Nancy Adistyasari, Director of Operations bank bjb Tedi Setiawan, Head of Institutional Relations Division bank bjb Isa Anwari, Chairperson of KADIN Indonesia Rosan Perkasa Roeslani, and Chairperson of KADIN Jabar Cucu Sutara.

President Director bank bjb Yuddy Renaldi said this cooperation is a means of strengthening capital that all KADIN members may utilize to boost their business. bank bjb is ready to provide productive financing facilities to all KADIN partners.

"bank bjb is ready to distribute productive credit to members of West Java KADIN to support their business plans. With the big role of KADIN exponents as an economy driving force, this strategic partnership of productive financing in various business sectors will give a broad impact and contribution to regional economic development," said Yuddy.

With this agreement, bank bjb guarantees full support for KADIN by providing convenience in financial management and business activities through bjb Cash Management Service which is an integrated service for entrepreneurs. bjb Cash Management Service offers convenience for business world, including managing employee salary payments through bank bjb payroll, account service, and co-branding employee identities. To complete it, the company also provides bjb DIGI and bjb Internet Bank Corporate (IBC) applications that can make it easier for entrepreneurs to carry out various financial and business transactions.

bank bjb service also supports all members of West Java KADIN in utilizing a more transparent, fast and accurate digital banking facility supported by bank bjb network in all over West Java through bank bjb channel electronic data capture (EDC) machine, automated teller machines (ATM), SMS banking facilities, internet banking, bjb Mobile, and other electronic banking facilities that are continuously being developed by bank bjb.

For bank bjb, this cooperation extends the company's productive credit expansion portfolio which continues to move positively even the economic conditions are plagued by uncertainty due to COVID-19 pandemic. The company's movement will also open up the potential for other collaborations such as cross-selling of bank bjb products which includes cash management services, payroll services, DPLK, and other banking services.

In addition, this cooperation will also increase the acquisition of third-party funds (DPK), especially CASA, increase NoA savings and fee-based income, as well as optimizing the distribution of commercial and MSME loan segments that are profitable for bank bjb.



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