BUMD Bank DKI Distributes Rp1.1 Trillion Loans For BUMN PT RNI

BUMD Bank DKI distributed Rp1.1 trillion working capital credit to PT Rajawali Nusantara Indonesia (RNI) (Persero)

JAKARTA - BUMD Bank DKI distributed working capital loans of Rp. 1.1 trillion to PT Rajawali Nusantara Indonesia (RNI) (Persero). The credit consists of a revolving working capital credit facility of Rp700 billion and additional credit facilities of Rp400 billion.

"Bank DKI's disbursement of credit to Rajawali Nusantara Indonesia is a collaborative effort between BUMN and BUMD in supporting national food security, as well as in supporting the preparation of RNI as the holding company for Food BUMN," said Bank DKI Finance Director Romy Wijayanto in a statement, Saturday, December 25.

Romy said this credit distribution was intended as additional working capital for the food commodity trading business.

Then, this credit also includes agro-industry, and can be used for working capital for RNI's subsidiaries. Romy explained that in the food industry, RNI will be the holding of food SOEs.

"With the support of working capital, it is hoped that RNI will become one of the SOEs that can be relied on in improving national food security and maintaining price stability for food commodity products produced or traded by RNI," explained Dja.

Previously, Bank DKI had also disbursed loans to RNI and its subsidiaries, which included cooperation in the use of banking products and services through payroll and multipurpose loans with the Rajawali I Sugar Factory (PG) in 2021.

In addition, there is a distribution of working capital loans to the Sugar Factory (PG) Rajawali 1 amounting to Rp. 300 billion in 2021, as well as distribution of working capital loans of Rp. 150 billion to PT Rajawali Nusindo in 2019 and is still ongoing.