Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Happy Rayna Stephany, Mahinda Arkyasa
Although banks have been providing credit services for small-medium enterprises (SME), many claim that banking institutions are not doing their best in supporting the development of SMEs.
As a result, Suryani Sidik Motik, Chairman of Indonesian Domestic Businesses Community, is urging banks to provide SMEs with easier access to credit services.
Suryani explained that although SMEs are considered to be the savior of Indonesia’s economy after the 1998 economic crisis, they still do not have easy access to credit services. She also added that SMEs normally have to pay higher interest rates compared to major companies.
“SMEs must pay higher interest in comparison to corporations. For credit from rural banks, the interest rate can reach up to 30%, and for Kredit Usaha Rakyat (KUR) microfinance program, the rate is 22%-25%. Meanwhile, for major corporations the interest rate is only 10%,” Suryani informed to the press in Jakarta, Wednesday (13/3).
Interviewed on the same day, Jahja Setiaatmadja, President Director of PT Bank Central Asia (BCA), stated that it is not an easy process for banks to provide credit services for SMEs. He explained that to be able to provide credit to SMEs, banks must go through a financially risky and a time consuming process.
Consequently, he urged the Government to allocate a certain amount of funds as insurance to cover any risk associated with providing credit to SMEs.
Jahja concluded that the Government should also establish a credit bureau just like the United States in order to protect banks from debtors with bad credit.
(jt)
Happy Rayna Stephany, Mahinda Arkyasa
Although banks have been providing credit services for small-medium enterprises (SME), many claim that banking institutions are not doing their best in supporting the development of SMEs.
As a result, Suryani Sidik Motik, Chairman of Indonesian Domestic Businesses Community, is urging banks to provide SMEs with easier access to credit services.
Suryani explained that although SMEs are considered to be the savior of Indonesia’s economy after the 1998 economic crisis, they still do not have easy access to credit services. She also added that SMEs normally have to pay higher interest rates compared to major companies.
“SMEs must pay higher interest in comparison to corporations. For credit from rural banks, the interest rate can reach up to 30%, and for Kredit Usaha Rakyat (KUR) microfinance program, the rate is 22%-25%. Meanwhile, for major corporations the interest rate is only 10%,” Suryani informed to the press in Jakarta, Wednesday (13/3).
Interviewed on the same day, Jahja Setiaatmadja, President Director of PT Bank Central Asia (BCA), stated that it is not an easy process for banks to provide credit services for SMEs. He explained that to be able to provide credit to SMEs, banks must go through a financially risky and a time consuming process.
Consequently, he urged the Government to allocate a certain amount of funds as insurance to cover any risk associated with providing credit to SMEs.
Jahja concluded that the Government should also establish a credit bureau just like the United States in order to protect banks from debtors with bad credit.
(jt)