Tangerang - PT Kelompok Ksatria Indarta received a working capital loan from PT Bank Rakyat Indonesia, Tbk to finance projects under by IKG.

The signing of the Credit Agreement was held on February 17, 2021 in Tangerang. The loan has a term of 12 months and bears annual interest at 9.5%.

The loan is the first bank loan obtained by IKG.

"We are grateful for BRI's trust in supporting IKG to continue to grow during a pandemic" said Yanus Bayu Indarta, CEO, PT Kelompok Ksatria Indarta.

Bayu continued, "First quarter of 2021, IKG received contract project with value of 3.7 billion Rupiah and it will continue to increase in line with the improving economic conditions in Indonesia."

BRI's support shows the credibility of IKG. "IKG still needs an efficient and effective source of financing to corporate growth sustainability." continued Bayu.

At the age of 20 months, IKG has managed to win the trust of banks and financial institutions such as Bank BRI, BFI Finance and Astra Credit Company (ACC) Finance.

Currently, IKG has 4 business lines, construction and engineering, logistics and freight forwarding, man power supplies, and machinery rental services and construction support equipment.