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Bank BRI Collaborates with Syngenta to Provide Financial Services for Farmers in Indonesia

9/14/2022

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The signing ceremony. From left to right: Amam Sukrianto, Director of Small and Medium Business of BRI; Agus Noorsanto, Director of Institutional and Wholesale Business of BRI; Kazim Hasnain, President Director of PT Syngenta Indonesia; Ronnie Keh, Director of PT Syngenta Indonesia; and Rafaela Arancibia - NFE Omnichannel & Customer Experience Lead of Syngenta Asia Pacific
Source: BRI, syngenta
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Sep.14.2022, Shanghai ------ PT Bank Rakyat Indonesia (Persero) Tbk. (IDX: BBRI) collaborates with PT Syngenta Indonesia to provide financial services for farmers through the CENTRIGO™ Farming Ecosystem.  The end-to-end ecosystem, aimed to support farmers' needs and increase productivity and profitability, will be launched in October 2022.
​The collaboration was formally announced at the signing ceremony of a Memorandum of Understanding (MoU) between Agus Noorsanto, Director of Institutional and Wholesale Business of BRI and Kazim Hasnain, President Director of Syngenta Indonesia on 13 September 2022. The collaboration involves various banking services provided by BRI for Syngenta Indonesia and all the stakeholders in its business ecosystem.
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Agus Noorsanto, Director of Institutional and Wholesale Business, BRI (image from BRI)
​Agus Noorsanto said this collaboration will help improve the living standards of farmers and advance the agricultural sector in Indonesia. "All financial transaction management will be carried out efficiently through digital solutions, such as the Cash Management Platform - BRICaMS, Corporate Billing Management - BRICBM, Pasar Rakyat Indonesia - PARI, and others."
​PT Syngenta Indonesia is committed to advancing agriculture in Indonesia and ensuring sufficiency as well as quality in a sustainable manner. Through cutting-edge technologies, worldwide experience, and partnerships across the value chain, PT Syngenta Indonesia believes it can help accelerate the growth of the agricultural sector in Indonesia.
"​We are pleased with this collaboration and confident that BRI's wide range of digital banking services will unlock the potential of Indonesian farmers and support the growth of PT Syngenta Indonesia's business in Indonesia," said Kazim.
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An image from BRI
​On the same occasion, Supari, Director of Micro Business of BRI, and Ronnie Keh, Director of PT Syngenta Indonesia, also signed a cooperation agreement on microcredits and digital solutions for farmers of the CENTRIGO™ Farming Ecosystem. In addition, A Letter of Intent (LOI) was also delivered to Amam Sukrianto, Director of Small and Medium Business of BRI, regarding business cooperations in the SME sector.
​The goal of CENTRIGO™ Farming Ecosystem is in line with BRI's mission to become the champion of financial inclusion that embraces all levels of society. BRI's experience in disbursing loans from ultra-micro, micro, small and medium enterprises to the corporate segment, will greatly support Indonesia's agricultural ecosystem.
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About BRI [PT Bank Rakyat Indonesia (Persero) Tbk.] (IDX: BBRI)

BRI was established on 16 December 1895 in Purwokerto, Central Java by Raden Aria Wiriatmaja as De Poerwokertosche Hulp en Spaarbank Der Inladsche Hoofden. Initially started as a savings and loan cooperative for mosques, the simple financial institution was then incorporated as a bona fide bank in 1968.

Today, BRI is one of the largest banks in Indonesia and Southeast Asia that focuses on Micro, Small and Medium Enterprises (MSME) and a pioneer of microfinance in Indonesia. Since its IPO in 2003, BRI has consistently posted profit and paid dividends to shareholders. As of June 2022, BRI’s services are supported by 569,761 BRILink agents, 199,775 EDC units, 14,417 ATMs, and 7,407 CRMs.
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About Syngenta

Syngenta is a global company with headquarters in Switzerland. 30,000 employees, in more than 90 countries are working to transform how crops are grown and protected. The company accelerate the innovation and invest to advance a more sustainable agriculture which is good for nature, farmers and society.

Syngenta's work helps farmers to face the challenges of today’s changing world. Farmers must adapt to the effects of climate change, improve the soil and enhance biodiversity, and respond to society’s views on food and agricultural technology. And Syngenta is transparent about what the company is doing and the impact it is making.
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Syngenta Group's Headquarters, Basel, Switzerland (image from Syngenta)
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