Jakarta, 15 September 2024 – KoinWorks, together with KoinWorks Bank, continues to expand by officially opening a new office in Bumi Serpong Damai (BSD), Tangerang. This move underscores KoinWorks Bank’s long-term commitment to supporting the funding needs of micro, small, and medium enterprises (MSMEs). The new office offers a range of products and services, from loans to opening deposit accounts via WhatsApp.
Willy Arifin, Founder and Executive Chairman of KoinWorks Group, stated that today’s opening of KoinWorks Bank’s headquarters in BSD is a key milestone for KoinWorks Group, further strengthening their presence in Indonesia’s financial ecosystem.
“We are also very pleased that with KoinWorks Bank, we can provide better and closer services to our customers, including offering a dedicated space for meetings with our experts at the KoinWorks Bank office, as well as product education through daily information clearly displayed on the videotron,” added Willy Arifin.
KoinWorks Bank’s strategy in launching its headquarters in BSD includes introducing financing options aligned with positive performance trends.
“KoinWorks Bank has shown solid performance up to August 2024, including consistent monthly profitability since February 2024, following the establishment of KoinWorks Bank in October 2023. Our Non-Performing Loan (NPL) ratio remains steady at 0.01%, thanks to our focus on serving MSMEs and a prudent analytical approach,” explained Joko Purwanto.
Additionally, KoinWorks Bank successfully maintained a Loan Deposit Ratio (LDR) of 68% and a Capital Adequacy Ratio (CAR) of 24.93%.
“Lending from KoinWorks Bank grew by 355% throughout 2024 up to August. This positive trend motivates us to continuously provide financial services and products for MSMEs and the community, helping customers achieve their goals. Our main focus remains on MSMEs, in line with the vision of KoinWorks Group as our parent company,” concluded Joko Purwanto.
About KoinWorks Bank
KoinWorks Bank was born from the strategic vision of Benedicto Haryono and Willy Arifin in 2022, starting with the acquisition of PT BPR Koinworks Sejahtera Annua (formerly PT BPR Asri Cikupa Karya), a significant step in the company’s transformation.
The office opening will take place from September 6 to September 9, 2024, and is open to the public, especially residents of Tangerang and Greater Jakarta (Jabodetabek). The event will also feature the latest updates on loan products, deposits, and special promotions such as Extra Rate, Corkcicle Tumblers, MAP Vouchers, Gold Bullion, and Cashback offers.
With this new office, KoinWorks Bank hopes to be closer to MSMEs, providing more accessible and affordable funding solutions.
Come visit KoinWorks Bank at Golden Boulevard, Block D6, Lengkong, BSD, Tangerang!