BPR Indobaru

Established in March 30, 2009, PT BPR Indobaru Financial domiciled in Jl. Laksamana Bintan, komplek Tanah Mas Blok. C No.4-5 Kelurahan Teluk Tering, Kecamatan Batam Kota, Kota Batam. Established with the Articles of Association number 01 dated September 9, 2008 by Notary Doddy Candra Eriawan, SH. in Batam. The Articles of Association have been approved by the Ministry of Law and Human Rights of the Republic of Indonesia (Kemenkumham RI) in its Decree No. AHU-69256.AH.01.01. year 2008 dated September 25, 2008. The company deed has been amended with the latest change in deed number 55 dated February 8, 2012, by notary Khairuddin Rasyid, SH. in Batam.

The Bank started operational activities on March 30, 2009 with an authorized capital of Rp 3.000.000.000,- (Three Billion Rupiah). The purpose and the objective of the bank is to collect funds in the form of savings and provide funds to the public in the form of credit by directing, controlling and supervising the human resources efficiently, effectively, economically, and productive (3EP) with the principles of Transparent, Accountable, Responsible, Independent and Fairness (TARIF).

The main focus of the bank is the retail segment with priority credit for the Micro, Small and Medium Enterprises (MSMEs / UMKM) sector, which includes the provision of working capital loans, investment, consumption and credit facilities with cash guarantees. While for fundraising activities, PT BPR Indobaru Finansia offers a variety of bank deposits and savings products to serve a variety of customer needs, including Ananda Savings, Established Savings, Escrow Savings, and Savings accounts with varying interest rates.