Jakarta, 30 August 2021 – Digital-based financing company PT Akulaku Finance Indonesia and PT Bank Amar Indonesia Tbk have agreed on a credit agreement with an executing scheme.
With this credit facility, Akulaku Finance can take advantage of the additional credit capacity as additional ammunition to spur growth in lending throughout the year.
The agreement on the credit agreement through the executing scheme was signed by the President Director of Akulaku Finance Indonesia Efrinal Sinaga and the Business Banking Function Head of PT Bank Amar Indonesia Tbk Agus Priambodo on 30 August 2021 in Jakarta.
President Director of Akulaku Finance Indonesia, Efrinal Sinaga, revealed that the credit agreement with the executing scheme with Amar Bank is a concrete form of the continued development of collaboration between digital-based financing platforms and the banking industry.
“This collaboration will have a very positive impact on digital finance companies and banks in increasing access to digital-based financing for the community,” he said.
Efrinal said that the collaboration with Amar Bank also proved the continued increase in support from various banking partners for Akulaku Finance’s vision as the leading digital-based finance company in Indonesia. During this pandemic era, the company continues to grow positively, exceeding the industry average growth.
Several factors that support this growth are changes in people’s lifestyles that support contactless, paperless, and cashless aspects. The very significant growth in e-commerce transactions has also contributed to an increase in derived demands credit sales.
This growth is also carried out prudentially where Akulaku Finance always implements good acquisition, scoring and risk management mitigation to be able to maintain the quality of financing disbursement which is currently still at a healthy level.
Business Banking Function Head of PT Bank Amar Indonesia Tbk Agus Priambodo revealed that the partnership with Akulaku Finance allows Amar Bank to open wider access to financing to the general public.
“Armed with technology and the broad reach of Akulaku Finance’s consumers, we believe that this collaboration can provide benefits to the wider community, especially in the unbanked and underbanked segments,” he said.
PT Akulaku Finance Indonesia, distributes Rp. 4.8 trillion in financing throughout the first half of 2021. Akulaku Finance projects that it can distribute Rp. 7 trillion in financing throughout 2021.