Bank Mandiri Disburses IDR 279.27 Billion Loans To PTK, Supports Sustainability Of Business Expansion

PT Pertamina Trans Kontinental (PTK) signed a credit facility agreement with PT Bank Mandiri (Persero)/DOK Pertamina

PT Pertamina Trans Kontinental (PTK) signed a term loan credit facility agreement with PT Bank Mandiri (Persero) Tbk (BMRI) of IDR 279.27 billion.

The signing of the agreement was carried out on Thursday, December 28, 2023, at the head office of PTK, North Jakarta, and was signed directly by the President Director of PTK I Ketut Laba and Senior Vice President Corporate Banking 3 Group PT Bank Mandiri (Persero) Tbk Helmy Afrisa Nugroho.

This collaboration between PTK and Bank Mandiri is a form of positive synergy between SOEs which is expected to be able to encourage the sustainability of PTK's business development and expansion.

This credit facility is expected to be able to strengthen the funding aspect in running and developing the company's business and assets.

President Director of PTK I Ketut Laba expressed his gratitude to Bank Mandiri for synergizing in providing this credit facility.

Ketut Laba said, along with the industrial shift, his party also needed to expand the customer base by reaching non-captive customers.

To make it happen, large changes are needed and of course investment is needed to support the development of the PTK business.

"The signing of this credit facility is carried out in order to support ship investment which is currently being implemented by PTK to expand the development of shipping, marine and logistics businesses," said Ketut Laba in a written statement quoted on Saturday, December 30.

Meanwhile, SVP Corporate Banking 3 PT Bank Mandiri (Persero) Tbk Helmy Afrisa Nugroho said that the collaboration between PTK and PT Bank Mandiri (Persero) Tbk is a form of his commitment as a strategic partner of corporations and the world as well as a form of synergy to jointly grow up to develop Indonesia.

"We are committed to supporting PTK's business growth through cooperation that is able to provide benefits to both parties. One of them is through providing competitive interest rates," he said.

According to Helmy, the growing movement of PTK's business expansion is so large and fast that it has convinced parties to participate in supporting investment funding for PTK ships.

"The signing of this credit contract agreement is also a moment that reflects the commitment of both parties in supporting growth and development of the joint business process," he added.

As for the third quarter of 2023, PTK has operated as many as 460 ships and 104 ports and terminals to support national energy security. The additional investment capital received from this term loan credit is expected to increase the PTK fleet in 2024.