JAKARTA — KB Bank (PT Bank KB Bukopin Tbk.) has expressed optimism regarding the Percepatan Intermediasi Nasional (PINISI) program, a recent initiative launched by Bank Indonesia. The bank believes this strategic program has the potential to significantly bolster banking intermediation functions while simultaneously driving increased financing toward the real sector.
Kurnady, President Director of KB Bank, highlighted that the PINISI program serves as a vital tool to improve the bankability of priority projects. By facilitating better project curation, enhancing transparency, and fostering integrated cross-stakeholder coordination, the initiative aims to bridge existing gaps in project financing.
“This program has the potential to improve the bankability of priority projects through better project curation, stronger transparency, and more integrated coordination across stakeholders,” Kurnady stated on Saturday (May 9, 2026). He emphasized that these improvements are essential for clarifying creditworthiness and ensuring stable project cash flows, particularly in critical sectors such as downstreaming, food security, and housing.
Despite this positive outlook, Kurnady noted that the ultimate success of the PINISI program will depend on consistent implementation, the quality of the project pipeline, and robust risk mitigation support from both the government and regulators.
Amid global economic dynamics characterized by high interest rates and potential capital outflows, KB Bank maintains that it still possesses the capacity for selective and prudent credit expansion. The bank remains focused on sectors with strong fundamentals and healthy cash flows, underpinned by disciplined underwriting and rigorous risk management practices.
“This approach allows our credit growth to remain aligned with asset quality preservation, adhering to the risk-adjusted growth principles that form the foundation of our financing strategy,” Kurnady explained.
Looking ahead, KB Bank emphasizes that optimizing intermediation through the PINISI program requires continuous synergy between regulators, the government, and the banking industry. The bank believes that strengthening project readiness, harmonizing cross-sectoral policies, and establishing clear risk mitigation schemes are the concrete steps needed to make financing to the real sector more effective.
Furthermore, the bank underscores the importance of coordination between ministries and regulators to ensure certainty in implementing new initiatives. Such collaboration is vital for providing banks with the clarity needed to channel credit effectively into sectors that align with national priorities.
Summary
KB Bank has expressed strong optimism regarding Bank Indonesia’s Percepatan Intermediasi Nasional (PINISI) program, viewing it as a strategic initiative to boost real sector financing. By improving project curation, transparency, and cross-stakeholder coordination, the program aims to enhance the bankability of priority projects in critical areas such as downstreaming, food security, and housing. President Director Kurnady emphasized that these improvements are essential for clarifying creditworthiness and ensuring stable cash flows for long-term project success.
Despite global economic challenges like high interest rates, KB Bank remains committed to prudent credit expansion through disciplined risk management and selective underwriting. The bank stresses that the ultimate effectiveness of the PINISI program relies on consistent implementation and robust synergy between the government, regulators, and the banking industry. Such collaboration is vital to providing the clarity and risk mitigation necessary to channel credit effectively into nationally significant sectors.
