Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
The Financial Services Authority (OJK) is currently planning to revise its regulations on security interests to encourage guarantee companies to provide more loans to small-medium sized enterprises (SME).
According to Dumoly F Pardede, Deputy for Non-bank Industry Oversight at OJK, the revision will focus on improving the asset management of SME industries such as human resources, development on information technology as well as good practices databases.
“The revision will be incorporated under an OJK Regulation and is expected to provide a solution for SME businesses to obtain loans,” said Dumoly in a seminar in Jakarta on Monday.
Dumoly said that the OJK has held several hearing sessions with related stakeholders to get a big picture of common barriers in providing guarantees to the SME sector.
According to Darmin Nasution, Chairman of the Indonesian Bachelor of Economics Association, the slow growth of loans to SMEs in recent times has become a critical issue. He noted that the comparison between the total amount of credit loans granted in Indonesia against the gross domestic product is only 32% lagging behind Malaysia at 112% - 115%.
“Our recent credit loan ratio is relatively low. For the past two years the growth of this ratio has never been beyond 35%,” Darmin explained.
OJK’s plan is supported by guarantee companies. Diding S Anwar, Director of the Indonesian Credit Guarantee (Jamkrindo), emphasized that his company strongly believes that security for the SME industry should be the focus of attention for regulators.
Though the loans from Jamkrino to SMEs are still small, Dinding believes improvement in the security regulatory framework will positively affect a substantial number of people.
“Since 2008 until the end of 2012 Jamkrindo has collateralized IDR 53.5 trillion for SME industries alone. With this amount, regulation on guarantees to SME industries should be a priority for regulators,” Diding concluded.
(hot/kc)
Fathan Qorib, Robert Sidauruk
The Financial Services Authority (OJK) is currently planning to revise its regulations on security interests to encourage guarantee companies to provide more loans to small-medium sized enterprises (SME).
According to Dumoly F Pardede, Deputy for Non-bank Industry Oversight at OJK, the revision will focus on improving the asset management of SME industries such as human resources, development on information technology as well as good practices databases.
“The revision will be incorporated under an OJK Regulation and is expected to provide a solution for SME businesses to obtain loans,” said Dumoly in a seminar in Jakarta on Monday.
Dumoly said that the OJK has held several hearing sessions with related stakeholders to get a big picture of common barriers in providing guarantees to the SME sector.
According to Darmin Nasution, Chairman of the Indonesian Bachelor of Economics Association, the slow growth of loans to SMEs in recent times has become a critical issue. He noted that the comparison between the total amount of credit loans granted in Indonesia against the gross domestic product is only 32% lagging behind Malaysia at 112% - 115%.
“Our recent credit loan ratio is relatively low. For the past two years the growth of this ratio has never been beyond 35%,” Darmin explained.
OJK’s plan is supported by guarantee companies. Diding S Anwar, Director of the Indonesian Credit Guarantee (Jamkrindo), emphasized that his company strongly believes that security for the SME industry should be the focus of attention for regulators.
Though the loans from Jamkrino to SMEs are still small, Dinding believes improvement in the security regulatory framework will positively affect a substantial number of people.
“Since 2008 until the end of 2012 Jamkrindo has collateralized IDR 53.5 trillion for SME industries alone. With this amount, regulation on guarantees to SME industries should be a priority for regulators,” Diding concluded.
(hot/kc)