Bank Mandiri Provides IDR 2 Trillion Credit Facility To IIF To Support National Infrastructure Development

Cooperation between Bank Mandiri and PT Indonesia Infrastructure Finance (IIF) through the provision of credit facilities worth IDR 2 trillion. (Photo: Doc. Bank Mandiri)

JAKARTA - PT Bank Mandiri Tbk (BMRI) continues to be committed to supporting the acceleration of infrastructure development in Indonesia. This commitment is realized through a collaboration between Bank Mandiri and PT Indonesia Infrastructure Finance (IIF) through the provision of credit facilities worth IDR 2 trillion.

This is in line with the government's efforts to accelerate development in the country as well as to accelerate economic recovery. To that end, a credit agreement was signed by Bank Mandiri Senior Vice President (SVP) Government Institutional Dadang Ramadhan P. and Head of Treasury Division IIF Faridh H Muhsinin and witnessed by Bank Mandiri Director of Institutional Relations Rohan Hafas and IIF President Director Reynaldi Hermansjah in Jakarta, Wednesday, November 17.

It is planned that this credit facility with the Term Loan scheme will be used to meet the needs of sustainable infrastructure financing for a period of four years.

According to Rohan Hafas, this support is the company's initiative to be active in the development of infrastructure projects in Indonesia through infrastructure financing financial institutions that pay attention to social sustainability and the surrounding environment.

"This agreement is a form of Bank Mandiri's commitment to strengthen national infrastructure development. We hope that this collaboration can be a catalyst to support the revival of the Indonesian economy in the future," said Rohan in his official statement.

Meanwhile, Faridh said that IIF, as an infrastructure financing institution in Indonesia, is mandated by shareholders to be a catalyst in accelerating infrastructure development as well as a forefront enabler of sustainable infrastructure financing.

"Through this agreement, IIF is optimistic that it will be increased leading in sustainable infrastructure financing in Indonesia," he concluded.