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26 Dec 2019

Indonesia Eximbank & Bank BRI Signed Memorandum Of Understanding On Digital Trade Finance To Galvanise National Export Transactions

Jakarta, December 26, 2019 – Senior Vice President (SVP) Trade Finance of Indonesia Eximbank, T. Dyza R.A. Rochadi has signed a Memorandum of Understanding (MoU) with PT Bank Rakyat Indonesia (Persero) Tbk represented by Ariesta Krisnawan as Executive Vice President (EVP) Transaction Banking Division, at the Indonesia Eximbank headquarter in Prosperity Tower, Jakarta.

The signing was witnessed by Dikdik Yustandi as Managing Director of Indonesia Eximbank, Muhammad Guntur as Senior Executive Vice President (SEVP)II of Indonesia Eximbank, Agus Noorsanto as Director of Institutions & SOEs PT Bank Rakyat Indonesia (Persero) Tbk and Listiarini Dewajanti as SEVP Treasury & Global Services PT Bank Rakyat Indonesia (Persero)Tbk.

The scope of this MoU covers the support of BRI's Digital Trade Finance services to provide ease and efficiency for Indonesia Eximbank’s customer export transactions.

With the support of the extensive network of PT Bank Rakyat Indonesia (Persero) Tbk and strong IT infrastructure, especially trade finance services that are available digitally, PT Bank Rakyat Indonesia (Persero) Tbk is ready to facilitate Indonesia Eximbank with comprehensive services related to Trade finance & international banking services , DHE Reporting, and BRI Cash Management System (CMS).

In addition, Indonesia Eximbank exporters will be able to be served at the nearest PT Bank Rakyat Indonesia (Persero) Tbk Branch Offices that are appointed to present documents and other trade finance services related to exports.

The cooperation between Indonesia Eximbank and PT Bank Rakyat Indonesia (Persero) Tbk is a concrete form of SOE / Government Institution synergy that is expected to provide tangible benefits to all exporters and is able to boost the Indonesian economy, especially in efforts to increase Indonesia's exports through service delivery and ease of export activities. In addition, this will also increase the empowerment of Micro, Small and Medium Enterprises to be able to penetrate the international markets.