PT ASKRINDO is a state owned enterprise with over 40 years of experience in supporting the development of Indonesia’s micro, small and medium enterprises through credit insurance and loan underwriting. To date, ASKRINDO provides customers with a range of credit guarantee and insurance credit products in addition to advisory services to assist clients with credit management. Throughout the decades, the company’s product and service portfolio has expanded and evolved to execute the government’s socio-economic programs and meet the needs of Indonesia’s changing business environment.
Under new management from 2011 with a clearly defined vision and mission, ASKRINDO has repositioned itself as a competitive and reliable company that effectively balances its commitments to developing Indonesia’s MSMEs with its commercial goals. Through the use of latest technology to analyse data from the extensive branch network and its team of dedicated and experienced professionals, ASKRINDO has established best practices in insurance claim management and risk assessment.
ASKRINDO works in tandem with the banking and finance industry to facilitate lending to Indonesia’s burgeoning MSMEs to realise their domestic and international trade aspirations. While remaining focused on Indonesia, the growing demand for trade and export credit insurance opens up the opportunity for partnerships with international trade agencies, insurance and reinsurance companies.
Year of Establishment: 1971
Type: State Owned Enterprise
Number of Employees: > 300
Total Assets: 3.298.994 million RP (Q4 2011)
Main Products: Bank and Non Bank Credit Insurance, Trade Credit Insurance, Surety Bonds, Customs Bonds, Reinsurance and People’s Credit Guarantee Program (KUR).