OJK's Move to Strengthen the Guarantee Industry Receives Support
PT Jaminan Kredit Indonesia, or PT Jaminan Kredit Indonesia (Jamkrindo), supports the Financial Services Authority’s steps to strengthen and purify the national guarantee industry. The policy is considered important to strengthen the foundation of a healthy, focused, and sustainable financial services industry, especially in supporting financing access for MSMEs and the productive sectors.
Jamkrindo demonstrated its support by participating in the Indonesia Guarantee Summit 2026, themed “Purification of the Guarantee Industry as the Foundation for Strengthening Financing Access and Financial System Stability,” held at Hotel Aryaduta Jakarta on Thursday, 21 May.
At the event were Jamkrindo’s Director of Human Resources, General Affairs, and Risk Management, who is also the chair of Asippindo, Ivan Soeparno. Also speaking was Krisna Johan, Jamkrindo’s Director of Business Development and Institutional, along with commissioners and employee representatives.
Agustinus Handoko, Acting Corporate Secretary of Jamkrindo, said the guarantee industry plays a strategic role in supporting national economic growth through risk mitigation and strengthening financing access.
‘Purification of the guarantee industry is a strategic step to strengthen the focus of the guarantee business so the industry can grow healthier, more professional, and sustainable. As the industry strengthens, national guarantee capacity will also grow, aiding access to financing for MSMEs and productive sectors,’ Handoko said in a written statement on Thursday, 21 May.
He noted that the purification step should be understood as strengthening the national guarantee ecosystem to become healthier, credible, prudent, and better able to support government priority programs.
Handoko added that Jamkrindo continues to strengthen governance, digital transformation, service quality enhancement, and risk management to support a stronger national guarantee industry.
He also regarded the synergies between regulators, the financial services industry, government, and guarantee companies as a crucial factor in building an inclusive and competitive national financing ecosystem.
‘Strengthening the guarantee industry also needs to be accompanied by developing a more integrated guarantee ecosystem, including expanding reinsurance capacity, guarantee collaboration schemes, and increasing public literacy about the function and benefits of the guarantee industry,’ he said.
The Indonesia Guarantee Summit is an annual forum for the national guarantee industry that brings together regulators, government, financial services players, academics, and business players to strengthen the direction of guarantee industry development in Indonesia.
The forum is expected to reinforce the position of the guarantee industry as one of the pillars to broaden access to financing for SMEs, deepen the national financial sector, maintain the quality of intermediation, and support sustainable growth of the economy and national financial system stability. (E-2)
Asippindo advocates for purification of the guarantee industry to strengthen national financing access, particularly for micro, small, and medium enterprises (MSMEs).