Distribution of KUR in Papua Rp. 703,630 Billion

By : Herry Barus And Aldo Bella Putra | Monday, August 13 2018 - 14:33 IWST

OJK
OJK

INDUSTRY.co.id - Jayapura - The Financial Services Authority (OJK) of the Provinces of Papua and West Papua reveals that until the first semester of 2018 the distribution of People's Business Loans (KUR) in Papua reached Rp. 703.630 billion or 59 percent of the annual target.

"The target of KUR distribution this year for Papua is Rp1.186 trillion and seeing from the achievements in semester I, I am sure the target can be achieved," said the Head of OJK Papua-West Papua, Misran Pasaribu, in Jayapura, Monday (08/13/2018 )

He said that the distribution of KUR in Papua was still dominated by the trade sector, and the percentage was more than 50 percent of the total realization.

Regarding the type, most of the KUR in Papua was channeled to KUR Kecil amounting to Rp. 386,967 billion, while Micro KUR was Rp. 3,16,663 billion.

Unlike Papua, which he considered to be a KUR distribution went well.

For West Papua the realization is relatively slow because until Semester I 2018 it has only reached 32 percent of the annual target.

"Until Semester I 2018, the distribution of KUR in West Papua reaches Rp.263.207 billion, while the target is Rp827,270 billion," he said.

Most of the KUR distribution in West Papua is absorbed into the micro sector, which is Rp136,799 billion, while for small KUR is Rp126,408 billion.

Misran hopes that in the future KUR socialization can be intensified, not only by banks, but also by the regional government because it is hoped that KUR can become an economic driver from the lowest level. (Ant)

News Comment

Today's Industry

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Jumat, 02 Desember 2022 - 22:48 WIB

Lockup Sentiment Only Temporarily, GOTO Owns Chance to Rebound

Shares of PT Goto Gojek Tokopedia Tbk (GOTO), which experienced selling pressure after end of the lock up period on November 30, 2022, are considered by a number of market participants to provide…

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Rabu, 30 November 2022 - 19:35 WIB

GoPay's Dominance Drives Consistency in GOTO's Financial Business Segment Growth

The financial services business segment, namely GoTo Financial owned by PT GoTo Gojek Tokopedia Tbk (GOTO), recorded impressive business growth consistency. This is reflected in GoPay's dominance…

The President Director of PT Honeywell Indonesia, Roy Kosashi, clarified many kind of leading technology for Indonesia’s New Capital City, in Jakarta on Tuesday (29/11/2022). (Photo: PT Honeywell Indonesia)

Rabu, 30 November 2022 - 19:28 WIB

Honeywell Ready to Support Indonesia’s New Capital City with Sustainability Technologies and Solutions

Honeywell announced today that it is Ready Now to support the Nusantara Capital Authority (OIKN) in realizing their goal of making a sustainable and smart forest city. OIKN is the government…

Gibu Mathew, Vice President and General Manager in Asia-Pacific (APAC) in Zoho Corp. (special)

Rabu, 30 November 2022 - 11:22 WIB

How to Make SaaS Work for Small and Medium-Sized Businesses

Southeast Asia's digital transformation has been impressive as the region is now poised to reach a projected digital economy worth USD360 billion by 2025. With digitalisation, the region bore…

PT Dharma Polimetal ("Dharma Group") Triputra Group automotive component manufacturing company.

Senin, 28 November 2022 - 12:15 WIB

DRMA Remains Optimistic 2023 Automotive Still Rises, Targets Sales Up 20%

PT Dharma Polimetal Tbk (“DRMA”), a listed company engaged in automotive component manufacturing business sees the prospects for the automotive business in 2023 will still remain promising.…