Indonesian Political, Business & Finance News

BP BUMN: Downstreaming of Natural Resources and MSMEs are Priority Sectors for Himbara

| Source: ANTARA_ID Translated from Indonesian | Banking
BP BUMN: Downstreaming of Natural Resources and MSMEs are Priority Sectors for Himbara
Image: ANTARA_ID

Jakarta (ANTARA) - Head of the Supervisory Board for State-Owned Enterprises (BP BUMN) Dony Oskaria stated that the manufacturing industry, natural resource downstreaming programmes, infrastructure development, and the empowerment of micro, small, and medium enterprises (MSMEs) are priority sectors for financing by banks within the Association of State-Owned Banks (Himbara).

“Financing support must continue to be directed towards productive sectors that are capable of creating jobs, enhancing competitiveness, and delivering tangible benefits to the community,” Dony said in an official statement confirmed by ANTARA from Jakarta on Tuesday.

Dony also conveyed that other sectors with a high multiplier effect on the national economy are also priority sectors in the financing focus of Himbara banks.

The determination of these priorities is part of the government’s strategic measures to strengthen the banking sector’s role in supporting the national development and economic growth agenda.

During the meeting, Dony stressed that the positive performance consistently demonstrated by Himbara banks serves as an important foundation for the stability of the financial system as well as a driver of national economic activity.

State-owned banks are expected to continue increasing their contribution through the distribution of productive, inclusive financing oriented towards creating added value for the economy.

“State-owned banks have a strategic role in driving economic growth,” said Dony.

BP BUMN, together with Danantara and the Himbara leadership, is committed to ensuring that state-owned banks continue to grow in a healthy, professional, and sustainable manner.

Strong synergy between shareholders, the board of commissioners, and management is expected to strengthen the banking intermediation function while supporting the acceleration of national development targets.

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