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August 11, 2022

Encouraging Heavy Equipment Financing, Bank JTrust Collaborates with Hexindo Adiperkasa

KONTAN.CO.ID - JAKARTA. PT Bank JTrust Indonesia Tbk (J Trust Bank) is optimistic that the construction, mining and plantation sectors will bounce back as the Covid-19 pandemic conditions recover in Indonesia. Therefore, J Trust Bank will strengthen its commercial segment credit portfolio through a cooperation scheme with suppliers for Heavy Equipment Investment Loan products.

Recently, the company signed a cooperation agreement with PT Hexindo Adiperkasa Tbk to market investment products for heavy equipment financing.

The signing of the cooperation was carried out by J Trust Bank President Director Ritsuo Fukadai accompanied by J Trust Bank Business Director Widjaja Hendra and PT Hexindo Adi Perkasa Tbk President Director Djonggi T Gultom.

"J Trust Bank is committed to playing an active role in economic growth in the construction, mining and plantation sectors, therefore we are excited to market heavy equipment financing products from PT Hexindo Adiperkasa Tbk throughout Indonesia," said J Trust Bank President Director Ritsuo Fukadai in a statement. , Thursday (11/8).

J Trust Bank's Heavy Equipment Investment Loan product comes with a financing ceiling of Rp. 25 billion, a very affordable rate, and a financing period of up to 5 years. Through this financing product, it is expected to be able to contribute and maintain positive growth in J Trust Bank's credit performance.

Until the end of May 2022, this bank recorded a loan growth of 38% to Rp 13.82 trillion from the previous Rp 10.01 trillion as of December 2021. Meanwhile, the collection of third party funds grew 20% year to date to Rp 19.13 trillion from Rp 15, 95 trillion by the end of December 2021.