Bank Jago Provides Rp600 Billion Credit Facility to BFI Finance


PT Bank Jago Tbk (ARTO) provided a working capital credit facility to PT BFI Finance Tbk amounting to Rp600 billion.

Director of Compliance Tjit Siat Fun said that the company continues to expand cooperation with various financial institutions. The plan aligns with the company's presence as a technology bank embedded in the ecosystem and serves the retail, middle, and mass-market segments.

"Collaboration with ecosystems and financial institutions is the company's effort to reach consumers while increasing financial access. Yesterday we signed a credit facility agreement (working capital) with BFI Finance worth Rp600 billion, BFI is one of the leading multifinance companies and has a large market share in the financing industry," he said on  Friday (25/6).

Furthermore, this lending partnership shows the company's commitment and partners in moving the real sector to help accelerate the recovery of the crisis due to Covid-19.


Penulis : Widya