Makassar, S Sulawes (Antaranews Sulsel) - PT Bank Rabobank International Indonesia hopes to increase its outstanding credits to Rp14 trillion this year from Rp10 trillion last year.
The credit would be provided mainly for the expansion of cultivation of aquaculture and food crops, its chief executive Jos Luhukay said here on Tuesday.
PT. Bank Rabobank offers corporate banking services. It focuses primarily on food and agribusiness, telecom, media, information technologies, pharmaceuticals, natural resources, and financial institutions.
The company, an Indonesian unit of the Dutch Rabobank Group, started operation in the country after the merger of Hagabank and Hagakita in 2000
Jos Luhukay said strengthening food security is in line with the strategic policy of the government to reach food self sufficiency.
Therefore, the bank hopes to increase its credit disbursement by 40 percent this year especially for business in the food sector and fish cultivation.
He said until 2017, 66 percent of the bank`s credits have been for the food and agribusiness sectors.
This year the banks hopes to provide credits for the agricultural sector, fish cultivation and trade sector considering the country`s natural resources, he added.
The bank would use its partnership it has established with clients in eastern Indonesia , saving and lending cooperatives (KSP).
