JAKARTA. PT Waskita Karya (Persero) Tbk (WSKT) received assistance from four state-owned banks (BUMN) for its Supply Chain Financing (SCF) facilities worth Rp 2.75 trillion.
Hadjar Seti Adji, Director of HCM & System Development WSKT, explained the assistance was an extension of the loan tenor by 3-6 months. "The relaxation proposal for the SCF facility has been approved," Adji said through information disclosure published on the Indonesia Stock Exchange website.
The four SOE banks involved in the SCF facility are PT Bank Negara Indonesia (Persero) Tbk (BBNI) (Rp 1.24 trillion), PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) (Rp 1 trillion), PT Bank Mandiri (Persero) Tbk (BMRI) (Rp 231.3 billion), and PT Bank BNI Syariah (Rp 276.74 billion).
Adji added, WSKT is currently making a number of efforts to maintain business continuity during the COVID-19 pandemic, starting from finishing projects earlier than scheduled to debt restructuring. (KR/AR)