Introduction
BPKM (Business Restructuring and Expansion Agency) Master List is a list of beneficiaries under the National Economic Recovery Program. The program was launched by the Indonesian government in response to the economic downturn caused by the COVID-19 pandemic. The BPKM Master List contains the names of companies that have received credit restructuring or expansion facilities from banks and non-bank financial institutions under the program.
What is BPKM?
BPKM is an independent agency under the Ministry of Cooperatives and SMEs that focuses on business restructuring and expansion. Its main goal is to help small and medium enterprises (SMEs) overcome financial difficulties by providing credit restructuring and expansion facilities.
What is the National Economic Recovery Program?
The National Economic Recovery Program was launched by the Indonesian government in June 2020 in response to the economic downturn caused by the COVID-19 pandemic. The program aims to stimulate economic growth and preserve jobs by providing fiscal and monetary incentives, including tax breaks, low-interest loans, and cash transfers.
Who are the Beneficiaries Under the Program?
The beneficiaries under the National Economic Recovery Program are companies that have been affected by the pandemic and are in need of financial assistance. These companies include SMEs, micro-enterprises, cooperatives, and state-owned enterprises (SOEs).
How Does the BPKM Master List Work?
The BPKM Master List works by providing banks and non-bank financial institutions with a list of companies that are eligible for credit restructuring and expansion facilities under the National Economic Recovery Program. The list contains the names of companies, their current financial status, and their eligibility for the program.
How to Access the BPKM Master List?
The BPKM Master List is accessible to banks and non-bank financial institutions that are authorized to provide credit restructuring and expansion facilities under the National Economic Recovery Program. The list can be accessed through BPKM’s website or through the Bank Indonesia Integrated Credit Information System (SIKBI).
Benefits of BPKM Master List for Companies
The BPKM Master List provides several benefits for companies that are included in the list. These benefits include:
- Access to credit restructuring and expansion facilities at low-interest rates
- Assurance of eligibility for the National Economic Recovery Program
- Improved creditworthiness and reputation
- Access to a wider range of financial institutions
Conclusion
The BPKM Master List is an important tool for companies that have been affected by the COVID-19 pandemic and are in need of financial assistance. The list provides banks and non-bank financial institutions with a comprehensive database of eligible companies, making it easier for them to provide credit restructuring and expansion facilities under the National Economic Recovery Program. By accessing the BPKM Master List, companies can benefit from low-interest rates, improved creditworthiness, and access to a wider range of financial institutions, which can help them overcome financial difficulties and contribute to Indonesia’s economic recovery.
