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View all search resultsThe Cooperatives and Small and Medium Enterprises Ministry has clarified a statement made by presidential expert staff member Gracia Billy Mambrasar, who claimed that 21 young Papuan entrepreneurs under his company had secured Rp 1.44 billion (US$92,286) from the ministry’s revolving loan management agency.
Bank Danamon will provide loan funding through the peer-to-peer lender’s (P2P) platform, enabling SMEs to borrow with higher credit limits “as if they are applying through a bank”, Bank Danamon wrote in a statement.
Publicly listed Bank Pembangunan Daerah Jawa Barat dan Banten (Bank BJB) will offer Rp 500 billion (US$36.74 million) worth of bonds in this year's first quarter as the first part of its second shelf-registration subordinated bonds valued at Rp 1 trillion.
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