JAKARTA - PT Bank Mandiri (Persero) Tbk received an additional budget balance (SAL) fund of IDR 55 trillion from the government. The funds will be distributed to the plantation sector to MSMEs.
Director of Finance & Strategy of Bank Mandiri, Novita Widya Anggraini said the additional liquidity provides greater space for the company to channel credit to priority sectors that support the national development agenda.
"With an additional IDR 55 trillion, our financing capacity is getting stronger to support productive sectors that increase export competitiveness and expand employment, while strengthening the people's economy," said Novita in her official statement, Tuesday, September 16.
Novita said Bank Mandiri was committed to channeling financing to strategic sectors such as plantations and food security, as well as downstreaming of Natural Resources (SDA) and renewable energy.
Then, funds will also be channeled to the infrastructure sector, health services, manufacturing, industrial estates, and MSMEs in encouraging sustainable economic growth.
Until now, Bank Mandiri has distributed financing of IDR 960.2 trillion to the real export-oriented and labor-intensive sector, or 71.88 percent of the total portfolio.
SEE ALSO:
Furthermore, Novita emphasized that all financing will continue to be carried out with the principles of prudence and transparent reporting according to regulations.
"With this Rp55 trillion support, we are optimistic that it can strengthen the intermediation function, increase financing capacity, and increase contributions to national strategic projects," he concluded.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
