PT Bank Rakyat Indonesia (BRI) is reinforcing its commitment to sustainable infrastructure development by extending vital credit facilities to PT Indonesia Infrastructure Finance (IIF). The agreement was signed on February 27, 2025, at BRI’s headquarters in Jakarta by BRI’s Director of Business Wholesale and Institutional, Agus Noorsanto, and IIF’s Interim President Director & CFO, Rizki Pribadi Hasan.

Under this arrangement, IIF will receive a Non-Cash Loan (NCL) facility valued at Rp500 billion and a Forex Line facility of USD50 million. These financial instruments are designed to boost IIF’s ability to provide various guarantee instruments, such as Bank Guarantees, Letters of Credit, and Standby L/Cs, which are essential for supporting strategic infrastructure projects nationwide.

Agus Noorsanto commented on the initiative, stating, “Kami yakin bahwa fasilitas ini akan membantu memperkuat kapasitas IIF dalam mendukung berbagai proyek strategis yang berdampak luas bagi perekonomian nasional.” His confidence reflects BRI’s broader vision to accelerate infrastructure development that can drive significant economic benefits across Indonesia.

Rizki Pribadi Hasan expressed his appreciation for the facilities. He noted, “Fasilitas ini akan sangat bermanfaat bagi IIF dalam meningkatkan kapasitas pembiayaan kami, terutama dalam memberikan jaminan kepada klien yang terlibat dalam proyek-proyek infrastructure. Selain itu, fasilitas Forex Line akan membantu kami dalam mengelola risiko nilai tukar mata uang asing terkait dengan pembiayaan proyek.” Such support is expected to enhance IIF’s financing capacity while managing foreign exchange risks effectively.

The Non-Cash Loan facility enables IIF to issue various forms of financial guarantees. This capability is crucial for instilling confidence among project clients, who often require robust backing before proceeding with large-scale infrastructure developments. Meanwhile, the Forex Line facility provides IIF with the flexibility to handle foreign currency transactions, ensuring smoother operations in projects involving international elements.

BRI’s support through these credit facilities is seen as a strategic move to underpin Indonesia’s ongoing infrastructure expansion. By reinforcing IIF’s role, the bank aims to facilitate the execution of projects that can improve national connectivity and drive economic growth. Both BRI and IIF are focused on mitigating financial and operational risks while ensuring that key projects receive the funding they need.

This partnership is part of BRI’s continuous effort to contribute to national development. With the increased capacity to offer guarantees and manage foreign exchange risks, IIF is better positioned to attract further investments and support the financing of sustainable infrastructure projects. The initiative not only strengthens the financial foundation of ongoing projects but also plays a critical role in supporting broader economic objectives across Indonesia.

BRI’s credit facility to IIF is expected to foster greater investor confidence, making it easier for stakeholders to participate in infrastructure projects. The move reflects a coordinated effort by financial institutions and project financiers to build a resilient and growth-oriented infrastructure sector, ensuring long-term benefits for the Indonesian economy.

PHOTO: BRI

This article was created with AI assistance.