PT Sierad Produce Tbk Received Loan Facility from PT Bank Bukopin (Persero) Tbk.
As the start in developing cooperation with PT Bank Bukopin (Persero) Tbk, on Monday, 26 July 2010, PT Sierad Produce Tbk (“Company”) signed a Loan Agreement of Working Capital Loan with limit of Rp40 billion to finance business expansion currently pursued by the Company.
The Company currently has Working Capital Loan facilities from BNI, Bank Rakyat Indonesia (“BRI”), and Bank Syariah Mandiri (“BSM”) totaling of Rp380 billion. The company is optimist that this additional facility would improve the performance of the Company in order to achieve the target set.