ANTARA/HO-KB Bank

KB Bank Provides Working Capital Loan Of Rp 750 Billion To PT INKA

Tuesday, 31 Dec 2024

PT Bank KB Bukopin Tbk, also known as KB Bank (BBKP), has provided a working capital loan of Rp 750 billion to PT Industri Kereta Api (Persero), or INKA. This loan will help INKA purchase raw materials to produce 1,125 units of BM 54-ton flat wagons for freight transport. Robby Mondong, the Deputy President Director of KB Bank, stated that the partnership with INKA reflects the bank's commitment to grow alongside its customers.

"KB Bank believes that sustainable growth can only be achieved through collaboration. For us, the tagline ‘Kita Bisa karena Bersama’ is not just a slogan; it drives us towards progress," Robby mentioned in a press release on Tuesday (24/12/2024).

As the only integrated railway manufacturing industry in Southeast Asia, KB Bank's collaboration with INKA is part of a strategic move to support an inclusive and productive business ecosystem, positively impacting the country's economic growth through transportation and logistics infrastructure development. This is not the first collaboration between KB Bank and INKA. In 2023, KB Bank participated in a syndicate financing for working capital to produce 612 units of the New Generation Train Set ordered by PT Kereta Api Indonesia (Persero). This partnership further strengthens the relationship between the two entities, especially in enhancing the capacity and efficiency of the national transportation and logistics industry.



Tag:



We would appreciate your comments
Comments are your responsibility according to the ITE Law.