Bank BRI is Optimist to Become the Largest Bank Distribution Fund Palm Oil Reforestation

INDUSTRY.co.id - Jakarta - PT. Bank Rakyat Indonesia (Persero) Tbk. supported the government program, by giving its commitment to help accelerate the distribution of PSR funds and KUR financing for oil palm plantation rejuvenation.

"The rejuvenation of oil palm plantations facilitated by BRI Bank is to complete the shortage of the plantation rejuvenation costs, where some of the funding is sourced from BPDP palm oil grant funds amounting to Rp 25 million per hectare," said Corporate Secretary of Bank BRI Hari Siaga Amijarso in Jakarta , Monday (27/11/2017).

The clear evidence of Bank BRI's commitment can be seen from the efforts of Bank BRI Work Unit spread in North Sumatera region, which has conducted socialization on PSR and KUR specifically for the rejuvenation of oil palm plantations to 12 regencies in North Sumatera Province, such as Serdang Bedagai Regency, Langkat , Labuhan Batu Selatan, Labuhan Batu, Asahan, Coal, Simalungun, Labuhan Batu Utara, Padang Lawas Utara, Padang Lawas, Deli Serdang and Central Tapanuli with potential land area of ​​9,109.29 Ha.

He said the PSR Fund from BPDP Palm Oil will be provided along with the savings of planters and / or rejuvenating financing funds facilitated by the Bank. Financing fund of the rejuvenation can be in the form of Commercial Loans / Credit as well as Special KUR rejuvenation of oil palm plantations.

"Currently there are 42 peasant members from Gapoktan Amanah in Serdang Bedagai area with 53.55 Ha and 79 farmers members of Gapoktan Anugerah Jaya Mandiri Sejahtera (AJMS) in Labuhan Batu Selatan area with 157,136 Ha of land which has received PSR funding support from BPDP Palm Oil and refinancing from BRI Bank," he said.