Credit Growth of 20.90%, BPR Lestari Bali Re-Establishes Linkage Cooperation with Maybank Worth Rp. 200 Billion

BPR Lestari Bali (member of Lestari Group) recorded a positive credit performance in the first Quarter of 2019. Based on the performance report, the distribution of BPR Lestari Bali credit funds grew 20.90% year-over-year (YoY) from the figure of Rp 2,594 Trillion to Rp 3,136 Trillion. This figure shows that the growth of BPR Lestari Bali loans is double the national scale BPR credit growth which recorded 10.70% YoY. This growth makes BPR Lestari Bali has a 29.5% market share of BPR credit in Bali. This figure proves that BPR Lestari Bali can maintain a positive trend in business performance. 

Noting a promising credit performance at the beginning of the year, BPR Lestari Bali is increasingly solidifying steps to work on lending to the MSME sector. This is proven this year for the second time BPR Lestari Bali has formed a partnership in a linkage program. After previously with CIMB Niaga, this time BPR Lestari received funding from Maybank in the amount of Rp. 200 billion. 

The signing of the collaboration which was held on Friday (28/6) at the Head Office of BPR Lestari Bali at Teuku Umar, was attended by the President Commissioner of BPR Lestari Bali, Alex P. Chandra and Managing Director of BPR Lestari Bali, Pribadi Budiono while from Maybank was attended by by Bali Nusra Area Branch Manager, IGN Mulya Perbawa, Business Relationship Manager, Gede Eggy Ulliantara, and Unit-Legal Documentation Credit, Ni Nyoman Jessika Pradnya Astuti. 

"Earlier this year, our credit performance was leading from the industry; we strengthened this momentum by linking the Linkage program with several commercial banks." Said Pribadi after signing the collaboration. 

Besides, BPR Lestari Bali also recorded an LDR (Liquid to Deposits Ratio) ratio of 66.25%. This figure is below the maximum limit set by Bank Indonesia, which is 95.75%. "Our LDR position is below the limit set by Bank Indonesia, meaning that the condition of our funds is quite liquid," said Pribadi. 

"This is not the first time we have collaborated in a linkage program with BPR Lestari. We feel this collaboration is good for both parties, and later it can be further developed in the future, "said IGN Mulya Prabawa. 

This year, BPR Lestari Bali will continue to strengthen lending to the MSME sector. Through this distribution, it is expected to provide great opportunities for the progress of the sector. "We hope that this collaboration will be carried out continuously, so that it will have a positive impact on both parties and the sectors that we support," concluded Pribadi.