HSBC Indonesia Distributes IDR 350 Billion Loans To Bluebird

Photo: Doc. Antara

JAKARTA - PT Bank HSBC Indonesia (HSBC Indonesia) disbursed a future loan of IDR 350 billion, including a green loan of IDR 50 billion to PT Blue Bird Tbk and its subsidiary (BIRD) to acquire electric vehicles.

Managing Director Head of Wholesale Banking HSBC Indonesia Riko Tasmaya said that as a bank, the biggest impact that HSBC Indonesia can achieve is by supporting customers to transition to zero emissions.

"Therefore, we are happy to be able to support Bluebird and its subsidiaries with loan facilities to increase their electric vehicle fleet in Indonesia," Riko said at the signing of the Provision of Futures Green Loans in Jakarta, quoted from Antara, Wednesday, June 7.

Green futures loans are expected to catalyze BIRD's vision to expand and revitalize its taxi fleet and car rentals, by increasing electric vehicles.

Bluebird President Director Sigit Djokosoetono expressed his deep appreciation for his trust and collaborative cooperation with HSBC.

"We would like to express our deepest gratitude to HSBC for their extraordinary support in achieving Bluebird's vision and sustainability, especially in the BlueSky pillar," Sigit said on the same occasion.

He said HSBC support meant a lot to Bluebird in reducing carbon footprint, improving air quality, and increasing environmental sustainability in the transportation industry to support the achievement of a commitment of 50:30, reducing 50 percent of emissions by 2030.

"Together, we can make positive changes and make a real contribution to a sustainable future," he said.

As a leading taxi company in Indonesia, Sigit revealed that BIRD's strategic steps will not only support business growth, but also in line with the goal of reducing company CO2 emissions by 50 percent by 2030 and realizing a commitment to increase the proportion of electric vehicles to 10 percent of the total fleet by 2030.

BIRD has started adapting electric vehicles into taxi fleets since 2019 and by the end of 2022 it has operated around 100 electric vehicles.

The target to add up to 500 electric vehicles by the end of 2023 shows a strong commitment to transition to sustainable transportation modes and contribute to the country's target to achieve net emissions by 2060.