Bank DKI Denies Allegations Of Loan Disbursement To Ancol Related To Formula E . Circuit

UNSPLASH ILLUSTRATION

JAKARTA - BUMD Bank DKI disbursed a loan of Rp 1.2 trillion to PT Pembangunan Jaya Ancol. Regarding this issue, rumors circulated that the credit distribution was allegedly for the implementation of Formula E.

This news circulated after Ancol was designated as the circuit for the electric car racing event. However, the Corporate Secretary of Bank DKI, Herry Djufraini, emphasized that credit distribution was not related to the preparation for the implementation of Formula E.

"As reported, the signing of the collaboration between Bank DKI and Ancol in the form of lending on December 20, 2021 last Monday has nothing to do with Formula E," Herry said when confirmed, Friday, December 24.

Herry explained that the Rp 1.2 trillion credit to PT Pembangunan Jaya Ancol consisted of a number of uses. First, a working capital loan of Rp. 389 billion for additional working capital for Ancol's operations.

This additional operational capital is given considering that Ancol has resumed its business activities in line with the relaxation of social restrictions in DKI Jakarta.

Then, there is also an investment credit of IDR 516 billion for the refinancing of PUB II Ancol Phase II bonds and an investment credit of IDR 334 billion for the revitalization and arrangement of the east gate of Ancol, construction of the new Bird Land attraction, renovation of Dufan rides, renovation and revitalization of the Putri Duyung hotel, and renovation of sea world attractions.

In addition to providing credit, Bank DKI and Ancol also collaborate on digital marketing services, including the marketing of Ancol Dreamland Park recreation tickets.

"This collaboration includes cooperation in marketing the recreation unit, cooperation in ticket sales, and the development of a digital payment mechanism for the development of the digital ecosystem in Ancol," explained Herry.

"It is hoped that Ancol customers and Bank DKI customers will get customer experience for the products and services owned by Ancol and Bank DKI, so they will be more loyal," he added.

Herry revealed that all of Ancol's financial cashflows are managed at Bank DKI, including for cash pooling for Ancol's customer payments through e-commerce.

It was previously known that Bank DKI disbursed loans worth Rp1.24 trillion to Pembangunan Jaya Ancol in a collaborative digital marketing service business collaboration.

The credit distribution is carried out in stages. First, there is a working capital loan disbursement of Rp. 389 billion for Ancol's operational activities. Furthermore, Bank DKI distributed Rp516 billion in credit for the refinancing of PUB II Ancol Phase II Bonds.

In the future, Bank DKI will disburse loans of Rp. 334 billion to finance routine investments, maintenance and development of the Jaya Ancol Development assets.