Indonesian Political, Business & Finance News

BNI Increases Credit Facility by Rp 10 Trillion to Pegadaian

| Source: TEMPO_ID Translated from Indonesian | Banking

PT Bank Negara Indonesia (Persero) Tbk, or BNI, has increased its credit facility by Rp 10 trillion to PT Pegadaian. This expansion of credit facilities forms part of efforts to strengthen the national financial services ecosystem whilst broadening access to financing for the public. With the additional facility, the total financing distributed by BNI to Pegadaian now reaches Rp 25.1 trillion.

The expansion of cooperation was marked by the signing of a Credit Agreement (PK) which took place in Jakarta on Tuesday, 10 March 2026. The signing was attended by senior leaders from both companies, including Pegadaian Chief Executive Damar Latri Setiawan, Pegadaian Director of Finance & Strategic Planning Ferdian Timur Satyagraha, Pegadaian Director of Human Capital Tribuana Tunggadewi, and BNI Director of Treasury & International Banking Abu Santosa Sudrajat, together with senior leaders from both institutions.

BNI’s Director of Treasury & International Banking Abu Santosa Sudrajat stated that this expansion of cooperation represents a strategic step to strengthen collaboration between the two companies in supporting the development of the national financing ecosystem. “With the background and respective strengths of each institution, we can together provide broader access to financing and address evolving market needs,” Abu said in a written statement.

According to him, the cooperation represents a continuation of the long-standing partnership between BNI and Pegadaian in supporting business development and the expansion of financing services to the public.

Pegadaian, Abu said, holds a strategic position as a state-owned enterprise and the leading pawnbroking industry player in Indonesia. This makes the collaboration between the two institutions valued as capable of creating stronger synergy in broadening access to financing. “Pegadaian holds a very strong position as the government pawnbroking company and leader of the pawnbroking industry in Indonesia, so we are optimistic this collaboration can provide added value for both parties,” Abu said.

Through this additional credit facility, BNI hopes that cooperation with Pegadaian can continue to develop and deliver increasingly productive partnership, whilst opening opportunities for new collaboration in the future.

The collaboration between BNI and Pegadaian is expected to further strengthen the national financing ecosystem and support the improvement of financial inclusion in Indonesia, by providing broader access to funding for the public and business operators across various sectors.

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