Indonesian lender Bank Amar is looking to swing back to profit next year on a 50% jump in disbursements, as it leverages Investree’s ecosystem to shore up its SME (small and medium enterprises) portfolio, a top executive told DealStreetAsia.
In an exclusive interaction with DealStreetAsia, Bank Amar chief financial officer David Wirawan said its lending portfolio is mostly, at around 80%, from the retail and micro SME segment (with a lending limit of 2 million rupiah to 20 million rupiah), while the rest is from SMEs and corporates (with a lending limit of 10 billion rupiah to 20 billion rupiah).