Regarding Government Funds At Bank Jatim, Deputy Governor Emil: Still Waiting For Finalization

East Java Deputy Governor Emil Dardak (Photo: Antara)

Deputy Governor of East Java Emil Elestianto Dardak said that the meeting with the Minister of Finance was related to discussing the transfer policy to the regions.

Meanwhile, regarding the plan to place central government funds at the East Java Regional Development Bank, Emil confirmed that the topic had also become part of local government talks.

"Yes, we talked about the time we met yesterday. Isn't he the one talking about it, right? I saw the news. We also discussed it in KITAM," he told the media crew, Tuesday, October 7.

However, Emil emphasized that the amount of funds that will be placed by the Government in Bank Jatim is still waiting for the final decision.

"We are waiting for the final. But Bank Jatim is thank God, one of the regional development banks whose banking health indicators, as well as its profit, is classified as solid. So the hope is that it can move the regional economy," he explained.

Furthermore, Emil said that the discussion on the technical issues and implementation of the placement of the funds was still ongoing and became the domain of the central government.

"So it was discussed at the time of Surabaya, but we certainly are not in a position to convey it because it is still being discussed, but the Minister of Finance said earlier, we conveyed that it was really discussed. We are waiting for the realization," he added.

Regarding the readiness to absorb the funds, Emil said that it would be handled by the technical team.

"That lets be precise between us, there is already a team, the regional secretary and the president director of the anti-state bank who will discuss it with the relevant director-general at the Ministry of Finance. Exactly what it looks like, we'd better just wait for the final," he said.

Previously, Minister of Finance Purbaya Yudhi Sadive revealed the plan to place Government funds to two regional banks, namely PT Bank DKI and PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim).

However, he emphasized that the calculation of the need for funds would still be studied first.

"So later we will implement the same strategy for Bank Jakarta. And maybe another bank in the East Java area there. In the near future I will calculate the amount (needs of funds)," he said at a press conference at DKI Jakarta City Hall, Tuesday, October 7.

He conveyed that this was done to support lending, especially to the micro, small and medium enterprises (MSMEs) sector and the Central Government would disburse funds of IDR 10 trillion to IDR 20 trillion.

"But if it's 10 trillion, 20 trillion, you can do it to copy it. Later we will spread it to MSMEs and other industries in Jakarta and other places," he said.

However, he reminded DKI Jakarta Governor Pramono Anung to ensure Bank DKI's readiness to optimally absorb and distribute the funds.

"I asked the Governor earlier whether Bank Jakarta could stretch? Don't let me give you the panic money all the time. Wow, you can't distribute it. The governor can," he continued.

Regarding Pramono's question regarding the possibility of collaborating with Bank DKI with the Association of State-Owned Banks (Himbara) in distributing funds, Purbaya explained that this is an inter-companies business to business affair.

The third was about the Rp200 trillion fund from Himbara Bank. Can it be used or not? That's basically a business to business," he said.