West Borneo Bank (Bank Kalbar)

The West Kalimantan Regional Development Bank was established based on Regional
Regulation no. 1 of 1963 with the legal form of a Regional Company. The business license is
issued by the Minister of Central Bank Affairs/Governor of Bank Indonesia with Decree No.
44/63/Kep/MUBS/G dated 28 November 1963, the inauguration took place on 15 April 1964.
Kretif (Kredit Angsuran Produktif) is credit that be use in productive activity such as opening a
new business or develop business.
The facility or benefit from Kretif:

 Maximum credit up to 150 m rupiah with discount up to 50% from the income a month
 competitive interest rates
 time period maximum 120 month (10 years)
 life insurance
terms and condition:

 has been west borneo bank customers

 Fulfill administrative requirements
 collateral is a business financed with credit and salary guarantees, SK CPNS 80%
(original), Employee Decree 100% (original), Taspen participant card (original), and if the
applicant has received a consumer credit facility from the west borneo Bank, then simply
attach a photocopy of the decision letter along with a photocopy of the Taspen card.
KUR (Kredit Usaha Rakyat) is productive credit that has bank given to prospective micro
entrepreneur debtors, small business, or middle to additional business working capital or
investment to support business that has been operate with maximum capacity loan determined
based on assessment of creditworthiness.
Benefit:
Maximum Credit:
- Micro KUR ==> Individual ==> up to 25 million ==> Linkage 2 billion.
- Retail KUR ==> Individual ==> >25 million to 500 million ==> 5 billion.
• Time period:
- Micro KUR ==> Working Capital Credit Maximum 3 Years, Investment Credit maximum
5 Years.
- Retail KUR ==> Working Capital Credit Maximum 4 Years, Investment Credit maximum
5 Years.
• Competitive interest rates.
• Insurance coverage.

Terms and condition:

 Individuals and cooperatives, Indonesian citizens and domiciled in Indonesia.
 Prospective Individual Debtor: The applicant's age at the time of applying for credit must
be at least 21 years or married.
 Prospective Debtors for Cooperatives, BPR/BPRS, microfinance institutions, non-bank
financial institutions and groups business (as a linkage institution)
 For individual entrepreneurs, credit applications must obtain approval from the
wife/husband concerned
 Additional collateral submitted by the debtor which contains risks must be carried out
coverage/insurance for the fair value of the assets.
 The estimated value of additional collateral compared to the minimum credit limit is
125% minimum CEV value of 70%
 Meanwhile additional collateral in the form of land, land/house, business premises is tied
to SKMHT up to a credit ceiling of Rp. 50,000,000,- (fifty million rupiah) while for the
above credit Rp. 50,000,000.- (fifty million rupiah) tied to HT. 3. All collateral costs are at
the debtor's expense.
 For goods used as additional collateral in the form of vehicles, they are bound by FEO
Notarial and registered with the Fiduciary Registration Office. All binding costs Payment
of principal and/or interest installments is made by deposit into the debtor's
savings/current account, Next, the bank debits the debtor's savings/current account.
 Calculation of credit requirements for working capital using the working capital turnover
and calculation method investment credit needs are in accordance with the needs and
the debtor provides his own funds of at least 30% total investment requirements.