Friday, 10 Aug 2018
PT Bank JTrust Indonesia Tbk. (J Trust Bank) agreed to sign a partnership with PT Digital Alpha Indonesia (UangTeman) in providing funding facility, which will be channeled through the UangTeman platform in the form of micro loans.
UangTeman is part of Digital Alpha Group Pte Ltd, one of the digital financial companies in the Southeast Asia region that provides short-term loans for consumption or business purposes.
President Director of J Trust Bank Ritsuo Ando said the partnership in providing financing facility to UangTeman is expected to contribute to the company's business growth and to support the development of fintech in Indonesia.
J Trust Bank believed that fintech will play a major role in supporting financial inclusion in Indonesia, in line with J Trust Bank's goal to provide the Japanese quality banking services to the public.