Green SM Indonesia Secures Rp 600 Billion Investment Loan from BCA

Green SM Indonesia, an electric mobility services company, has signed an investment loan agreement worth Rp 600 billion with Bank Central Asia (BCA). The five-year financing facility marks the strengthening of the long-term financial partnership between the two parties in supporting the development of sustainable transportation in Indonesia. This agreement continues the previous collaboration between Green SM Indonesia and BCA, while reflecting their joint commitment to promoting sustainable urban mobility businesses and strong corporate governance. SVP Corporate Banking at BCA, Denny Haryanto, stated that this financing reflects BCA’s commitment to supporting businesses with a long-term vision. “Sustainable transportation is increasingly important for urban development in Indonesia. Through this collaboration, we are supporting initiatives that align with long-term economic resilience and environmental responsibility,” said Denny in his statement quoted on Tuesday (5/5). The investment loan will be used to support operational readiness and the sustainability of Green SM Indonesia’s services in various cities. This funding structure is expected to strengthen the company’s financial foundation while supporting a measured growth strategy. The collaboration between Green SM Indonesia and BCA actually began since the launch of Green SM services in Jakarta in December 2024.