Heaptalk, Jakarta — PT Bank KB Bukopin (KB Bank) extends its partnership with PT Inka Multi Solusi (IMS) to develop a business ecosystem through vendor financing.
This partnership allows IMS to access financing facilities and financial transactions from KB Bank. With this financing, IMS can develop services and the national railway industry. Representatives of both parties signed the partnership agreement at the Banking Hall, KB Bank’s Headquarters in Jakarta (05/27).
“Our collaboration with PT IMS is a tangible manifestation of our commitment to grow together with our customers. In line with our tagline ‘We can do it because we are together,’ we believe that sustainable growth can only be achieved through solid collaboration and synergy,” stated KB Bank Deputy Director Robby Mondong in a written statement quoted by Bisnis.
Providing financing options for transportation industry
The land transportation sector in Indonesia has promising business potential, with current growth being quite high. Several land transportation infrastructures, including railways, are among the Indonesian government’s focuses in promoting national economic growth. KB Bank supports this strategic government agenda by participating in the development of products that can become financing options for related industries.
In 2023, KB Bank and Inka Multi Solusi signed a cooperation agreement for financing facilities for train orders, Pertashop, and electric buses. Their collaboration has since expanded to include access to funding such as letters of credit (LoC) and domestic documentary credits (SKBDN), working capital loans, bank guarantees, and overdraft loans (PRK) in the context of train orders, Pertashop, and electric buses.
Additionally, the bank has provided various financing for the transportation industry through dealer financing for passenger vehicles, commercial vehicles, electric vehicles, and heavy equipment. This year, KB Bank is developing financing innovations in other potential sectors, such as agriculture, fisheries, trade, and processing services. Recently, the bank has provided credit financing facilities to sugarcane farmers to support the Indonesian government’s efforts to achieve domestic food security.
