Bank DKI Uses Credit Information System Program to Optimize KUR

Bank DKI collaborates with the Ministry of Finance regarding the use of the Credit Information System Program (SIKP) for people's business credit distribution management and administration as an effort to optimize People's Business Credit (KUR).

KUR distribution is also a form of synergy between Jakarta BUMD and BUMN

The collaboration was marked by the signing of a cooperation agreement between Bank DKI Retail and Sharia Director Babay Parid Wazdi and Ministry of Finance's Investment Management System Director Syafriadi in Jakarta.

Bank DKI Retail and Sharia Director Babay Parid Wazdi stated that his side targeted to distribute KUR amounted to Rp 1 trillion to MSMEs this year, both to the existing debtors, Jakpreneurs, and Perumda Pasar Jaya traders.

Bank DKI Continues to Drive Consumer Credit Growth

"Surely, this collaboration can further increase the effectiveness of credit distribution," he mentioned, Thursday (4/7).

He explained that SIKP is an application system to facilitate KUR implementation. Its purpose was to be an MSME database and it could be used as a reference for Bank DKI to distribute an effective credit.

"SIKP is expected to accelerate the payment process for credit subsidy programs such as KUR," he added.

KUR distribution from Bank DKI was expected to be a stimulus for economic growth during the pandemic.

"Its distribution is also a form of synergy between Jakarta BUMD and BUMN, Jakarta Government and central government in supporting MSME empowerment," he conveyed.

In 2021, Bank DKI's microcredit distribution grew by 31.75 percent. In addition to KUR, Bank DKI as one of Jakarta BUMDs that supported MSME development also provided various credit and financing products.

One of them was Monas 25 which could be used as a credit facility for working capital with a credit ceiling ranging from Rp 5 million to 25 million.

The Beginner Monas Credit could be also used for both working capital and productive investment with a credit ceiling of Rp 10 million.

Bank DKI also continued to increase its role by providing various digital products, such as e-Form Micro Loan, JakOne Abank, E-order, and scan to pay QRIS to support MSME development from financing to ease of transaction.

Moreover, Bank DKI also implemented digitization by offering digital financing facilities such as e-Form Micro Loan, where people could submit applications for Bank DKI Micro Credit online.

Through e-Form Micro Loan, MSMEs who wanted to get the loan could apply for it online.