We are optimistic that the financial system in sharia banks will be able to support accelerated business growth starting from the core business…
Jakarta (MidLand) – PT Bank Syariah Indonesia Tbk (BSI) has partnered with PT Pertamina Lubricants to enable 130 Pertamina lubricants distributors across Indonesia to easily obtain working capital relief in accordance with sharia principles.
As part of business development, synergy is also achieved between BSI and the subsidiary Pertamina Patra Niaga which operates in the production and sale of lubricants.
BSI Retail Director Ngatari, in a written statement in Jakarta on Friday, said this collaboration would further encourage BSI’s role in entering the strategic business ecosystem, one of which is the oil industry.
“We are optimistic that the financial system in sharia banks will be able to support accelerated business growth starting from main activity Until surrounding business ecosystem“Ngatari said.
Read also: BSI: The business ecosystem is a matter of great concern for various groupsPreviously, BSI and the Pertamina Group have also collaborated in the form of corporate financing, financing to Pertamina’s partners, including LPG agents, service station entrepreneurs/SPBEs to construction service providers and host-to-host access to financial services for service station partners in Sumatra Region.
Ngatari said BSI’s financial performance has grown positively and solidly. This is a good cooperation opportunity for the growth of strategic business sectors, especially in terms of BSI’s willingness to provide easy access to capital.
For the collaboration with PT Pertamina Lubricants, BSI is in the initial stages of preparing upstream to downstream services from both sides cash managementSMEs, corporate and segment transaction banking operations.
Read also: BSI invites entrepreneurs from the Middle East to participate in the halal fair
Until December 2023, BSI has distributed financing of IDR 240.32 trillion, up 15.70% year-on-year (y-o-y), with financing wholesale took a share equal to 28.09% of the total financing.
Reporter: Rizka Khaerunnisa
Publisher: Nusarina Yuliastuti
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