BNI Invites MSMEs To Hold Bazaars In South Korea, Aims To Improve Foreign Exchange For RI

JAKARTA PT Bank Negara Indonesia Tbk. (BNI) expressed support for small and medium business actors to expand global market penetration. One way through the Korea Import Fair (KIF) 2023 this weekend will connect MSMEs and domestic corporations with importers or buyers in South Korea.

BNI Retail Director Putrama Wahju Setiawan said that by participating in this event, MSMEs and corporations connected to BNI Xpora will meet South Korean buyers (South Korea). The meeting has the opportunity to create business matching, which has finally created mutually beneficial cooperation between sellers and buyers from the global market.

"By participating in this exhibition, BNI's MSMEs will be more widely known. This step is of course also BNI's effort to support the potential to increase foreign exchange for the country through KIF 2023," he said in a written statement.

Putrama explained that KIF 2023 is the only event in South Korea that specializes in the Business to Business (B2B) segment. This exhibition is filled with around 1,200 small, medium and large businesses from around the world. At KIF 2023, Koima hopes to attract as many as 80,000 business actors.

"We have participated in this event for 2 consecutive years and have signed a Memorandum of Understanding with Koima. During the event, a number of MSMEs assisted by BNI and corporations have entered into an agreement with South Korean importers," he said.

Putranma said that this year BNI plans to dispatch MSMEs who have done or are ready to export from several cities in Indonesia. He stated that he was proud to be able to facilitate meetings between importers from KOIMA members and exporters assisted by BNI Xpora.

"The hope is that more and more small and medium business actors from BNI can collaborate and deal with international importer associations, so that they can encourage national exports," he said.

Meanwhile, BNI itself stated that it is committed to increasingly being proactive in facilitating trade transactions and financing facilities for Indonesia's proud export MSMEs, through the BNI Foreign Branch Office (KCLN) network in Seoul, Tokyo, Hong Kong, Singapore, London, New York and representative office in Amsterdam.