BJBR - PT. Bank Pembangunan Daerah Jawa Barat dan Banten Tbk

Rp 1.370

-10 (-0,73%)

BANDUNG - Strengthening financial support for Small and Medium Enterprises (SMEs) in the West Java region, today, Investree signed a Loan Channeling Cooperation Agreement with PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk or Bank BJB. This ceremony became one of the agendas in the final event of the Inauguration of the Program Pendanaan Online Jawa Barat (Panon) which was initiated by the West Java Provincial Government (West Java Provincial Government) in collaboration with the Asosiasi Fintech Pendanaan Bersama Indonesia (AFPI).

In this case, Bank BJB officially joined as an Investree Institutional Lender with the same vision and mission, namely implementing efforts to empower SMEs in Indonesia, especially Bandung and West Java during the current economic recovery period. Met in the West Hall of Gedung Sate during the signing session of the Loan Channeling Cooperation Agreement with Bank BJB, Investree's Co-Founder & CEO, Adrian Gunadi, said, "We have been waiting for a partnership with Bank BJB for a long time. Regarding the function of fintech for banking and vice versa, there is no need to ask again that we exist to complement each other. Bank BJB will increase Investree's strength in providing financial support for more West Java business actors in the Investree ecosystem. In line with Investree's umbrella campaign #KollaborasiuntukTumbuh, through this loan channeling collaboration, we believe that SMEs in West Java can be more empowered and resilient post-pandemic."

This partnership makes it easier for BJB Bank as an Institutional Lender to fund loan offers submitted by Borrowers, the majority of whom are SME activists from various business sectors through the Investree platform. Especially business entities that have not met banking requirements in obtaining loans and are domiciled in Bandung and West Java. From each fact sheet that will be provided by the Investree, Bank BJB will choose a loan offer according to their preferences and risk profile. For now, the distribution of financing is not limited to certain business sectors/sectors. That is, Borrowers from any line of business have the opportunity to be financed by Bank BJB.

A number of big names in banks and other financial institutions that have become institutional lenders at Investree include Bank BRI, Bank Mandiri, Bank Danamon, Bank Raya, Bank Jago, Accial Capital, Saison Modern Finance, and GMO Payment Gateway.

The collaboration carried out by many parties including Investree, West Java Provincial Government, AFPI, OJK, and LKPP/LPSE is one of the efforts to strengthen the large SME and financial community in West Java. (LM)