Letter

Clarification from Askrindo

FURTHER to the article in Tempo's October 27-November 2 edition, titled Bad Credit, Askrindo would like to convey a few points.

November 4, 2014

Clarification from Askrindo

FURTHER to the article in Tempo's October 27-November 2 edition, titled Bad Credit, Askrindo would like to convey a few points.

The small-business credit (KUR) referred to is Askrindo's additional state funding (PMN) received from 2007 until now, totaling Rp4.5 trillion, and it has been used to strengthen the company's equity. This was given in order to improve the company's capacity to act as guarantor for small-business cr

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