Jakarta, 9 October 2023 – PT Bank Central Asia Tbk (BCA) has established a partnership agreement with PT Otten Coffee Indonesia to showcase BCA's commitment to supporting Micro, Small, and Medium Enterprises (MSMEs), specifically within the coffee sector. The primary goal of this partnership is to facilitate improved access to financing through BCA's working capital loans (KUR).
The signing ceremony for this collaboration took place in Jakarta on Friday (6/10) and was attended by BCA SVP of Business Commercial & SME Tjoeng Haryanto, CEO of PT Otten Coffee Indonesia Jhoni Kusno, and Director of PT Aman Cermat Cepat (KlikA2C) Bong Elysabet. This partnership is firmly grounded in the shared vision of BCA and Otten Coffee, with the aim of bolstering the reputation and global footprint of the Indonesian coffee industry, both domestically and globally.
BCA SVP of Business Commercial & SME Tjoeng Haryanto, extends a warm welcome to this collaboration, emphasizing that it underscores BCA's commitment to fostering the expansion of the Indonesian coffee industry. "We are enthusiastic about our collaboration with Otten Coffee Indonesia to support the development of SMEs in the coffee industry and local products. Through BCA's KUR, we aim to support SME entrepreneurs in achieving their dreams of global expansion for their coffee businesses."
SMEs in the coffee industry can benefit from BCA's KUR, which provides loans at competitive interest rates starting at only 6% per year. Additionally, this program eliminates administrative fees and commissions, thereby increasing affordability and accessibility for SMEs seeking financing.
CEO of PT Otten Coffee Indonesia Jhoni Kusno stated, "This presents a golden opportunity for individuals looking to either start or expand their coffee-related businesses by using financing from BCA's working capital loans (KUR) to acquire necessary equipment. Our goal is to support SMEs in the coffee sector as they grow and expand, ultimately making a positive contribution to the development of the Indonesian coffee industry."
In this collaboration, BCA has also partnered with KlikA2C as a channeling institution to facilitate a more efficient and practical financing process, enabling SME players to concentrate on developing their coffee businesses. For SMEs in the coffee industry interested in utilizing BCA's KUR, they can contact Otten Coffee Indonesia for further information and special offers. The application process can also be completed in person by attending Kopi Fest ID, which will be held from 4 to 8 October 2023, at Kota Kasablanka Mall, South Jakarta.
As a matter of information, BCA has actively supported the expansion of the Indonesian coffee industry into international markets by participating in the Indonesian Coffee Festival in Russia in 2021. BCA involved SME coffee business owners who graduated from BCA UMKM Fest and BCA Bangga Lokal from various regions in Indonesia. Furthermore, BCA also took part in the Kopi Fest as part of the National Movement ‘Bangga Buatan Indonesia’ and #Banggalokal, which started in July last year.
BCA and Otten Coffee Collaborates on Distributing KUR for Coffee Entrepreneurs – BCA SVP of Business Commercial & SME Tjoeng Haryanto (on the left), along with CEO of PT Otten Coffee Indonesia Jhoni Kusno (in the center), and Director of PT Aman Cermat Cepat (KlikA2C) Bong Elysabet, after the signing of cooperation agreement for the distribution of working capital loans (KUR) to SME players in the coffee sector in Jakarta on Friday (6/10). This collaboration involves BCA offering loans with competitive interest rates starting at 6% per year and waiving administrative fees and commissions. All of these initiatives are aimed at supporting the development of the Indonesian coffee industry.
About PT Bank Central Asia Tbk (As of 30 June 2023)
BCA is one of the leading commercial banks in Indonesia with the core business of transaction banking. BCA also offers a full range of financial services in consumer, SME, commercial and corporate segments. As of June 2023, BCA has the privilege of serving more than 37 million customer accounts, processing around 80 million of daily transactions through a network of 1,251 branches; 18,483 ATMs as well as the 24-hour internet & mobile banking systems; supported by 24/7 Halo BCA contact center. BCA’s presence is complemented by a number of subsidiaries focusing on vehicle financing, sharia banking, securities, general and life insurance, digital bank, remittance as well as venture capital business. BCA is committed to building lasting relationship with customers, putting people first, and making positive impact on society at large. With around 25,000 employees, BCA's vision is to be the bank of choice and a major pillar of the Indonesia economy.
PT BANK CENTRAL ASIA TBK
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