Akulaku Finance Gets IDR 600 Billion Executing Funding From Three Banks

PT Akulaku Finance Indonesia (AFI) received funding for exercise with a total of Rp600 billion from 3 Banks (Photo: Akulaku)

JAKARTA - Digital technology-based financing company PT Akulaku Finance Indonesia (AFI) received executing funding with a total of Rp600 billion from PT Bank Maybank Indonesia Tbk, PT Artha Graha Internasional Tbk, and PT Bank KEB Hana Indonesia.

The commitment was agreed upon by signing the funding cooperation carried out with the three banks separately. Funding for executing is a loan given to finance companies to be forwarded to final consumers.

President Director of PT Akulaku Finance Indonesia, Perry Barman Slangor said this collaboration proves that banking partners have high confidence in the performance and long-term prospects of PT Akulaku Finance Indonesia.

"This support will allow us to continue to strengthen financing capacity and provide better financial solutions for the people of Indonesia," Perry said in an official statement, Tuesday, December 24.

Furthermore, Perry said funding support from the three banking institutions allowed AFI to gain stronger access to funding to increase financing capacity for the community, especially in serving more users who access digital financing services.

"This funding also strengthens AFI's commitment to supporting financial inclusion growth in Indonesia through digital-based financing solutions," he said.

Meanwhile, the Global Banking Director of PT Maybank Indonesia Tbk. (Maybank Indonesia) Ricky Antariksa said that Maybank Indonesia's financing to customers through PT Akulaku Finance Indonesia uses an executing scheme with the aim of expanding service reach and strengthening the financing portfolio for the Financial Institution Group segment.

"This collaboration is an implementation of Maybank Indonesia's strategic program, especially in accelerating digitalization and supporting services that better understand customers (customer centricity) as part of the M25+ Maybank Group medium-term strategy," said Ricky.

Business Director of PT Bank KEB Hana Indonesia (Hana Bank) Geoffry Nugraha expressed his appreciation for the strategic partnership between Hana Bank and PT Akulaku Finance Indonesia.

"We hope that with Hana Bank's strength and expertise combined with Akulaku's technology and wide consumer reach, it can support to expand financial inclusion in Indonesia," he said.

Deputy President Director of PT Bank Artha Graha Internasional Tbk Christina Harapan said Bank Artha Graha Internasional as a strategic partner has the opportunity to engage further in the fintech ecosystem which has the potential to create business synergies in the future.

We are very enthusiastic about this strategic collaboration. This funding not only strengthens our partnership relationship with PT Akulaku Finance Indonesia, but also reflects our commitment to supporting innovation in the digital financial industry. With this synergy we believe it can have a positive impact on the economic development of society," he said.