Indonesia – PT Bank Negara Indonesia (Persero) Tbk (BNI) has entered into a strategic collaboration with PT Berdayakan Usaha Indonesia (Batumbu), a fintech lending platform, to enhance financing access for micro, small, and medium enterprises (MSMEs) across Indonesia.
Recognising the vital role of the MSME sector, BNI’s partnership with Batumbu highlights the bank’s dedication as an “Agent of Development” to expanding access to productive financing for MSMEs within supply chain ecosystems.
As part of this collaboration, BNI will provide a loan channelling facility of IDR 1.2t to Batumbu, which will allocate the funds to its MSME partners using a supply chain financing model.
This strategic alliance leverages technology to streamline financing, empowering MSMEs to grow and drive Indonesia’s economic progress, reaffirming BNI and Batumbu’s commitment to inclusive financial access.
Through initiatives like its collaboration with Batumbu, BNI aims to deliver transformative solutions that empower MSMEs to compete globally and achieve long-term success.
The partnership was officially cemented with the signing of a Cooperation Agreement (PKS) by I Nyoman Astiawan, BNI’s general manager of retail productive banking, and Reza Perazi Armadi, Batumbu’s president director, during a ceremony at BNI Tower in Jakarta.
Armadi expressed his enthusiasm for the partnership, highlighting its alignment with Batumbu’s mission to empower MSMEs across Indonesia, backed by the support of Validus Investment Holdings Pte Ltd.
“This partnership unlocks opportunities for us to deliver fast, tailored financing solutions to small and medium enterprises, many of whom remain underserved by traditional banking services,” Armadi stated.
Speaking at the event, BNI’s director of retail banking, Corina Leyla Karnalies, emphasised the strategic significance of the collaboration in empowering MSMEs, a vital pillar of Indonesia’s economy.
“In this era of digital transformation, technology has become a pivotal enabler for the advancement of the financial sector. Fintech lending presents innovative, efficient, and inclusive financing solutions tailored for MSMEs. At BNI, we remain steadfast in our commitment to fulfilling our role as an agent of development by driving innovation and leveraging digitalisation to simplify and enhance credit access for MSMEs,” Karnalies remarked.
Since its founding in 2018, Batumbu has disbursed IDR 45.1t in financing as of October 2024, maintaining sustained profitability with positive monthly EBITDA since 2022.
Through this partnership, BNI and Batumbu reaffirm their commitment to building an inclusive financial ecosystem that empowers MSMEs and strengthens Indonesia’s economic resilience.
