Qorus Banking Innovation Awards 2023

Kredit Multiguna Usaha (KMU)

Submitted by

BCA - Bank Central Asia

Logo of BCA - Bank Central Asia

Ever since it was established in 1957, Bank Central Asia (BCA) has continued to grow. This...

02/10/2023 Banking Innovation


#BebasBangunUsaha is our slogan to demonstrate BCA’s commitment to support our customer in building and expand their businesses.

Innovation presentation

Kredit Multiguna Usaha (KMU) is one if our productive loan program that focus on the development of SME (Small Medium Enterprises) business in Indonesia. It launched on 2021 as BCA respond the market’s need about the flexibility loan with affordable interest rate. Therefore, BCA created the innovation of KMU with approximately 3% interest rate effective per annum and maximum 20 year of loan credit period.

BCA also gives the opportunity for our customer to choose KMU schemes (fixed rate up to 5 years) that suit with their business capacity. Quarterly, BCA also launch thematic campaign to support Sustainable Development Goals (SDG) such as Kartini’s Day to support women business through KMU Kartini (May-July).

Uniqueness of the project

- KMU has the affordable interest rate in 3%.

- The maximum of loan credit period up to 20 years.

- KMU offers credit schemes (fixed rate up to 5 years) so that the customer can fit with their business capacity.

- Thematic campaign that support Sustainable Development Goals (Gender equality/ Women Empowerment, Decent Work and Economic Growth & Reduced inequalities)

Want to keep reading?

Become a Qorus member to get access to all our innovations

Interested in learning more? Speak to Boris, Qorus's Content Lead

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.
Contact us

Related innovations

21/02/2024 Insurance Innovation


SightBit is an Israeli company specializing in autonomous artificial intelligence systems for detecting and predicting hazards in open waters. SightBit’s...

12/02/2024 Insurance Innovation

Inclined Line of Credit - iLOC

Owners of permanent life insurance invest in their policies to provide for loved ones after they’re gone, but also to...

23/01/2024 Insurance Innovation

Sherpa.ai Federated Learning Platform

Sherpa.ai is the first Federated Learning platform that allows companies to gather the full potential of the Artificial Intelligence by...

05/10/2023 Banking Innovation

Collaborative Embedded Banking and Finance

Amar Bank is offering collaborative embedded banking and financing. We will provide plug-and-play embedded banking to non-banking players, which enable...

Related news & insights

SME Banking
29/02/2024 Video

SME banking outlook 2024: A state of the union for growth and resilience

Alexander Verhagen and Sasha Brainis at McKinsey demonstrate that banks globally achieved their best results in a decade during 2022-23....

28/02/2024 Study

Unveiling efficient organizational models for ESG and sustainability in financial institutions

By providing insights into diverse approaches, this paper aims to guide financial institutions in navigating the evolving landscape of CSR...

28/02/2024 News

inDrive introduces financial services for drivers

This offering provides cash loans to drivers in Mexico operating on the platform, aiming to address the financial exclusion faced...

SME Banking
28/02/2024 News

Klarpay introduces tailored entrepreneur accounts

Klarpay has unveiled its latest financial offering: Entrepreneur Accounts, designed specifically for Business Founders, UBOs, and Senior Management members already...