Expand Access To Credit Distribution, Indodana-Shinhan And Bank Indonesia Establish Channeling Cooperation

JAKARTA - Indodana Fintech (PT Artha Dana Teknologi) and Shinhan Bank Indonesia confirmed channeling cooperation to support lending to underbanked communities in meeting financial needs and strengthening personal cash flow arrangements.

Director of PT Artha Dana Teknologi, Jerry Anson, hopes that by providing support for digital financial services, the presence of Indodana Fintech can provide easy access and reach more Indonesians, including Micro, Small and Medium Enterprises (MSMEs) business actors through collaboration with Shinhan Bank Indonesia.

In addition, lending that can be utilized by Indodana Fintech users is guaranteed safety and has been supervised by the Financial Services Authority (OJK).

Indodana Fintech together with Shinhan Bank Indonesia also took steps to increase national financial inclusion by providing financial services that can be used anytime and anywhere for the underbanked community. Hopefully this strategic collaboration can be a bridge to be able to channel funding to users, so that it can be utilized according to their financial needs," said Jerry, Friday, June 28.

The same thing was conveyed by the Group Head of Retail Banking Shinhan Bank Indonesia, Candra Wijaya by stating that the collaboration with Indodana Fintech supports the bank's growing business strategy and supports the development of digital financial technology.

It is hoped that the distribution of funding from this collaboration can be utilized by the Indonesian people appropriately and responsibly, so that they can meet their economic targets.

"Cooperation with Indodana Fintech is expected to be a step for Bank Shinhan in improving more efficient bank services to end users. Support for easy access to technology and security from Indodana Fintech is also able to expand the reach of the community and encourage an increase in the number of customers in Indonesia," said Chandra.

With the achievement of lending to users, Indodana Fintech actively participates in increasing financial inclusion in Indonesia and strengthening the cycle of the national economy.

It was recorded that as of June 6, 2024, Indodana Fintech was able to maintain TKB90 to 97.55 percent for lending to more than 2 million users with a nominal value of up to IDR 20 million and a maximum tenor of 12 months.