17 FEBRUARY 2020
MNC Bank signs MML Agreement with Pegadaian
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JAKARTA - PT Bank MNC Internasional Tbk (MNC Bank) signed an agreement for the granting of an Uncommitted Money Market Line (MML) facility for PT Pegadaian (Persero) or commonly called Pegadaian. The agreement was signed by MNC President Director Bank Mahdan and MNC Finance Director Bank Hermawan with Finance and Strategic Planning Director of Pegadaian Ninis Kesuma Adriani and Senior VP Pegadaian Treasury Division Endah Susiani in Jakarta, Monday (17/2).
"We hope that the MML facility provided by MNC Bank up to Rp. 100 billion can be useful for Pegadaian needs in increasing public financial inclusion and as an alternative source of funds for business activities," said Mahdan.
Mahdan continued, cooperation between the two parties could continue so that it would not only benefit both companies but also the community.
The MML facility collaboration between the two parties has a period of 1 (one) year since the agreement was signed and can be submitted again when the facility matures according to the needs of both parties. This facility is expected to be a solution and alternative short-term funding for Pegadaian and contribute to the improvement of MNC Bank's performance throughout 2020.
In addition to providing financial solutions such as MML facilities for businesses such as Pegadaian, MNC Bank will always offer financial services to customers by providing a satisfying banking experience. This is done through innovative banking that is integrated with the latest information technology and contributes to sustainable growth in order to provide added value to all stakeholders.

This news has been published at okezone.com