Financing to BPRS

 

Financing to BPRS

Distribution of financing to or through Bank Perkreditan Rakyat Syariah (Sharia Small Business Bank) (BPRS) to fulfill the needs of end-users (collective) who apply for financing through BPRS.

Bank Pembiayaan Rakyat Syariah (BPRS) is a Financial Institution as intended by Law of the Republic of Indonesia Number 7 of 1992 concerning Banking, as amended by Law of the Republic of Indonesia Number 10 of 1998.

Produk BSM

What are the requirements?

Legality Documents

  • Curricula Vitae of the Board of Directors and the Board of Commissioners.
  • Personal identity of the Board of Directors and the Board of Commissioners
  • Business License from Bank Indonesia
  • Validation of the Minister of Justice and Human Rights (for Limited Liability Companies (PT))
  • Company Registration Number
  • Taxpayer ID Number
  • Principle License from Bank Indonesia
  • Articles of Association and its amendment

Financial Documents and Other Supporting Documents

  • Financial statements (Balance Sheet and Profit and Loss) for the past 2 financial years and the current financial year
  • Monthly reports per December 31 for the past 2 financial years and the current month submitted to Bank Indonesia
  • Audited financial statements (Balance Sheet and Profit and Loss) for BPR/BPRS with total assets over Rp10,000,000,000 (ten billion rupiah)
  • Bank Soundness Level for the past 2 years and the current year for BPR/BPRS
  • 6 (six) months’ account with a commercial bank/sharia commercial bank
  • Summary Financing Collectability Report for the past 2 years and the current month
  • Legal Financing Limit Report (BMPP)
  • Business Plan of the current year
  • Standard Operating Procedure (SOP) for Financing and Operations, Other SOP where necessary
  • In the case of channeling scheme, BPR/BPRS issues a Statement declaring that financing documents of an end-user have conformed to the Bank's legality requirements and each end-user document in the form of photocopies is declared to be certified copies of the original
I'm interested

 

  1. Criteria for BPRS
    • CAR > 8%
    • Minimum operation: 2 years
    • Minimum scoring result: tier 4 (score > = 61)
    • Gross NFP ratio: < 5%
    • DER: < 10 times
    • Legality under (Trading License/Operating License, Company Registration Number, Certificate of Domicile, Taxpayer ID No.)
    • Audited financial statements (Assets > Rp10 billion)
    • Sharia Supervisory Board and Sharia Business Units (For conventional financial institutions)
  2. Financing Scheme
    • Executing Financing Scheme is financing provided by a Bank to BPRS as an end-user customer.
    • Channeling Financing Scheme is financing provided by a Bank to end-user customers through BPR/BPRS which acts as an agent/guardian.