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BNI Manages Semen Indonesia’s Finance with Cash Management

Jakarta, 25 September 2019 -- To provide comprehensive and convenient financial services for its customers, PT Bank Negara Indonesia (Persero) Tbk (BNI) offers BNI Cash Management services. BNI's Cash Management service is a flexible solution for a variety of financial transactions with the mainstay features of BNI Direct, BNI e-Tax, Online Bank Guarantee, and also Notional Pooling.

In order to facilitate the partner’s finance management, BNI provides Notional Pooling services for Semen Indonesia Group. Not only the parent company, BNI also manages finance of Semen Indonesia’s subsidiary. In addition, to support the business of partners and suppliers of Semen Indonesia Group, BNI provides financing facilities through the Supply Chain Financing (SCF) facility.

The collaboration related to Notional Pooling and SCF was marked by the signing of the Cooperation Agreement (PKS) between the Director of Institutional Relations of BNI Adi Sulistyowati and the Director of Business Strategy & Business Development of Semen Indonesia, Fadjar Judisiawan in Jakarta, Wednesday (September 25, 2019). On the same occasion, BNI and Semen Indonesia Group also worked together in payroll and consumer credit facilities.

Adi Sulistyowati who is familiarly called Susi said, Notional Pooling is to optimize the customer fund management incorporated in the group and help the daily operations of Semen Indonesia Group.

"BNI Notional Pooling is a part of Cash Management that records a sales volume of Rp 1,930 Trillion per August 2019. The volume experienced a 10% growth from the volume as of August 2018 which amounted to Rp 1,746 Trillion. "Of course BNI's cooperation with Semen Indonesia Group is expected to further boost the performance of BNI Cash Management," said Susi.

Susi added, the SCF channeled was expected to accelerate the process of receiving work payments so that the working capital of Corporate Partners could always be maintained.

To complement BNI's services to Semen Indonesia Group, BNI offers a lot of convenience for its employees including, BNI Taplus with mobile banking facilities and BNI Fleksi which is a collateral-free credit facility that can be directly applied by employees who have distributed their salary through BNI.

"BNI has BNI Fleksi Pensiun Pra Purna which is aimed at employees who are 5 years from entering retirement age so that it can be used for capital to open a business. In addition, KPR BNI or BNI Griya can be submitted without the hassle of coming to the Bank through an online application (e-Form)," closed Susi. 

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