Green SM and BCA Agree on Rp600 Billion Investment Loan
Green SM Indonesia and Bank Central Asia (BCA) signed an investment loan agreement worth Rp600 billion with a five-year tenor on 3 April as a strategic step to support business growth while promoting sustainable mobility in Indonesia.
This loan facility is designed to strengthen operational readiness and ensure the sustainability of Green SM Indonesia’s services. With a stable funding structure, the company can implement measured growth strategies while maintaining service consistency across its operational cities.
This collaboration continues the partnership established since Green SM’s launch in Jakarta in December 2024. From the outset of the partnership, both parties have actively introduced various initiatives focused on improving service access for customers and raising awareness of the importance of environmentally friendly transportation.
SVP Corporate Banking BCA, Denny Haryanto, said: “This agreement reflects our approach to supporting businesses with a long-term vision. Sustainable transportation is increasingly important for urban development in Indonesia. Through this collaboration, we support initiatives that align with long-term economic resilience and environmental responsibility.”
Managing Director of Green SM Indonesia, Deny Tjia, stated that this agreement is a manifestation of the trust built through consistent collaboration and shared values between the two parties.
“This investment loan agreement is a recognition of the disciplined operational model and long-term development orientation that Green SM Indonesia has consistently pursued since its initial stage. This facility further strengthens the company’s financial foundation to support stable and consistent services in the various cities where we operate,” he said.
Currently, Green SM Indonesia operates in several regions, including Jakarta, Makassar, Bekasi, Surabaya, and Bali. Through its electric taxi service, the company offers cleaner, more reliable mobility solutions that are relevant to the needs of continuously developing urban areas.
Through this agreement, Green SM Indonesia and BCA reaffirm their joint commitment that the transition to sustainable urban mobility depends not only on electric vehicle technology but also on strong funding support, responsible governance, and long-term commitment.
This investment loan agreement serves as a concrete step in supporting that transformation amid Indonesia’s evolving mobility landscape.