Jakarta, 22 October 2021 – PT Perusahaan Pengelola Aset (Persero) (“PT PPA/Company”) obtained a working capital credit facility of USD75 million from PT Bank KB Bukopin Tbk (“Bank KB Bukopin”). The funding is PT PPA’s effort to support business activities in order to strengthen PT PPA’s capital for investment.

This signing agreement event was conducted between the Director of Investment 1 and Restructuring of PT PPA Rizwan Rizal Abidin, and the Director of SOE & Wholesale Business Bank KB Bukopin Dodi Widjajanto in Menara Mandiri II, Jakarta, Friday (22/10).

Director of Investment 1 and Restructuring of PT PPA Rizwan Rizal Abidin said, “PT PPA is committed to accomplish its vision as the leading turnaround company in Indonesia and the trusted partner in restructuring, investment, and asset management through PT PPA’s Core Values Amanah, Kompeten, Harmonis, Loyal, adaptif, and Kolaboratif (AKHLAK).

Director of SOE & Wholesale Business Bank KB Bukopin Dodi Widjajanto stated, “We hope that the support provided could make PT PPA’s mission successful in carrying out its business activities. This collaboration is very important for both parties which is also expected to have a positive impact on the business growth of Bank KB Bukopin.”

“Hopefully this good synergy between Bank KB Bukopin and PT PPA will make a beneficial collaboration for all parties,” Rizwan concluded.