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View all search resultsIn a bid to solve a funding shortfall for the President's "3 million homes" program, the housing ministry has come up with a plan to disburse Rp 130 trillion (US$7.98 billion) contributed by state banks under Danantara via the micro credit program (KUR).
State-owned lender Bank Rakyat Indonesia (BRI) and the Indonesian Farmers Association (HKTI) have agreed to cooperate to optimize the country’s micro-credit program (KUR) through a strategic partnership for the provision and use of banking services.
Three state-owned enterprises (SOEs) – financing firm PT Permodalan Nasional Madani (PNM), lender Bank Rakyat Indonesia (BRI) and telecommunications company PT Telekomunikasi Indonesia (Telkom) – signed on Tuesday an agreement sealing their cooperation in supporting PNM’s efforts to ease loan payment procedures for its customers in rural areas.
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