Regarding The Findings Of KUR Disadvantaged Banks, Teten: The Quota Is Lowered!

Menkop UKM Teten Masduki (photo: Theresia Agatha/VOI)

JAKARTA - Minister of Cooperatives and SMEs (Menkop UKM) Teten Masduki admitted that he received a report about the People's Business Credit (KUR) distribution bank that did not comply with Permenko for Economic Affairs Number 1 of 2023 concerning Guidelines for the Implementation of People's Business Credit. The regulation states that additional collateral is not enforced for KUR whose loans are up to Rp. 100 million.

Teten assessed that the government would monitor and evaluate. If the results are later proven that there is a KUR channeling bank that asks for collateral from borrowers, it will be subject to sanctions.

"Later, we propose a bank that complicates the distribution of KUR, maybe we will lower the quota, we will try to compete later, which banks can distribute KUR is much easier so that later this will be fair," Teten told reporters at the Smesco Building, Jakarta, quoted Friday, October 6.

He emphasized that KUR must be used by MSMEs to advance its business. Therefore, in order to anticipate similar incidents so that they do not happen again, the Ministry of Cooperatives and SMEs (Kemenkop UKM) is also encouraging the creation of regulations on KUR distribution using a credit scoring scheme.

The KUR distribution method through credit scoring, said Teten, has been implemented by 145 countries. The goal is to make it easier for MSMEs to access financing both for working capital and investment for those who do not have assets that can be used as collateral.

According to Teten, with credit scoring, later MSMEs will be greatly helped and banks will no longer have to invest.

"Investasi untuk mengembangkan teknologi sendiri, aplikasi sendiri, karena sudah banyak aplikasi digital yang dihilirisasi oleh swasta sehingga bisa berparter dengan bank, tinggal regulasinya," ujarnya.

As previously reported, the People's Business Credit Complaints (KUR) Joint Command Post for MSME actors, which is the result of a synergy between the Ministry of Cooperatives and SMEs (Kemenkop UKM) with the Indonesian Ombudsman, shows a number of findings, including there are still many complaints related to obstacles to collateral.

Deputy for Micro Business at the Ministry of Cooperatives and SMEs Yulius said that complaints related to banks that still asked for collateral were still found. Especially for MSME players who borrow under Rp. 100 million.

"In fact, at the Permenko for Economic Affairs Number 1 of 2023 concerning Guidelines for the Implementation of KUR, it is clear that additional collateral is not applied to KUR with a loan ceiling of up to Rp. 100 million," said Yulius in a written statement, Tuesday, October 3.

Meanwhile, throughout 2023, the KUR ceiling reached Rp297 trillion, which until September 30, 2023, had been disbursed at 59.17 percent or Rp175.73 trillion.