Collaboration between Bank DKI and the Coordinating Ministry for Economic Affairs to Encourage Access to KUR Financing for the Young Generation

Published: March 20, 2023

Jakarta - As a form of support for Government programs, especially access to People's Business Credit (KUR), Bank DKI collaborated with the Indonesian Coordinating Ministry for the Economy to hold a KUR Festival entitled "SUPER GEN-CREATION: PROSPEROUS YOUTH WITH KUR!" at Gedung Sate, Bandung (17-18 March 2023). The event, which was aimed at the younger generation who are interested in accessing financing information for business development, was also attended by the Secretary of the Coordinating Ministry (Sesmenko) for Economic Affairs of the Republic of Indonesia, Susiwijono Moegiarso, and Gede Edy Prasetya, Assistant Deputy for Capital Markets and Financial Institutions, Coordinating Ministry for Economic Affairs of the Republic of Indonesia. Representing the Main Director of Bank DKI, Fidri Arnaldy, on the same occasion, Bank DKI Compliance Director, Ateng Rivai said that Bank DKI's participation in this event was a commitment to encouraging the empowerment of MSMEs, especially the younger generation.

Furthermore, Ateng said that Bank DKI's participation opened up space for MSME players, especially Gen-Z in the 18-25 year age range who were interested in information on access to KUR financing, with the hope that it could help business growth and have a broad impact on economic growth. "Bank DKI is fully committed to maximizing KUR distribution as an expansion of access to capital for MSMEs," said Ateng.

For information, Bank DKI recorded that KUR distribution in 2022 will reach 100% of the quota or IDR 1.15 trillion to approximately 6,023 MSEs and Micro business actors. The President Director of Bank DKI, Fidri Arnaldy, in a written statement said that as one of the KUR distributing banks, Bank DKI is not only committed to increasing access to financing, but also encouraging empowerment and assistance for MSMEs to continue to grow and develop in supporting the national economy. As for 2023, Bank DKI will receive a portion of IDR 2.8 trillion with a conventional allocation of IDR 2 trillion, and Sharia allocation of IDR 800 billion.

The government, through the Financing Policy Committee for Micro, Small and Medium Enterprises (MSMEs), continues to strive to produce optimal economic growth contributions, this is in line with the momentum of the demographic bonus that Indonesia is currently experiencing until 2030. To achieve the KUR distribution target in 2023 which has been increased to IDR 450 trillion, the government continues to strengthen synergy and support from various parties, including Regional Government, MSME Players, KUR Distributors, KUR Guarantor, Associations, Academics and BPJS Employment, one of which is through the KUR Festival activities.

Bank DKI Corporate Secretary, Arie Rinaldi expressed his appreciation for the holding of the 2023 KUR Festival and the enthusiasm of the people of Bandung and surrounding areas, especially the younger generation, for the KUR information conveyed by Bank DKI. "Bank DKI also provides e-forms and digital lending applications as part of the digitalization process in order to maximize the credit and financing process for customers," concluded Arie.