Supporting Pertamina's business since 2010, Bank DBS Indonesia selected as lead coordinator for business matching in Pertamina Investor Day 2023 | Bahasa

Bank DBS Indonesia bridges Pertamina with potential investors to strengthen business and accelerate impactful new businesses

Indonesia, 05 Jul 2023 - Pertamina supported by Bank DBS Indonesia presented a Business Matching session at Pertamina Investor Day 2023, held at Grha Pertamina Ballroom, Jakarta. Pertamina Investor Day is a proof of Pertamina's commitment in implementing the principles of transparency, accountability, and corporate responsibility to provide the latest and strategic information to shareholders, investors, business partners, and other stakeholders. The event was attended by more than 200 participants, including investors, business partners, and banking partners from Pertamina Group. Through this activity, Pertamina conveyed its business performances, achievements, and future strategies to transition to green energy. 

Pertamina Investor Day 2023 presents a Business Matching session as a forum for discussion between Pertamina, potential investors, and from national or international business partners, supported by Bank DBS Indonesia as lead coordinator along with Citibank and Mandiri Sekuritas. Together with the three investment banks, Pertamina invited potential investors and business partners to better understand Pertamina's strategic projects, as well as to open doors for future collaboration. As lead coordinator, Bank DBS Indonesia plays an active role in providing input on several strategic projects of Pertamina Group as an industry specialist and from the banking side. Bank DBS Indonesia has established a good relationship with Pertamina for more than 12 years and has always provided support to Pertamina Group from time to time. Some of them are through trade loans, working capital, treasury, syndicated loans, to project financing at the Pertamina holding and subholding levels. 

On this occasion, Executive Director Institutional Banking Group of PT Bank DBS Indonesia Heru Hatman said, "It is an honor for Bank DBS Indonesia to play a role and assist Pertamina as the lead coordinator in the Business Matching session which is designed to showcase various innovative energy transition-based projects from various Pertamina subholdings to potential investors and business partners. As a purpose-driven bank, Bank DBS Indonesia is committed to being 'The Best Bank for the Better World' and we see this event as in line with that commitment. We hope this is the first step in making a positive contribution to the community and the environment." 

The cooperation with Pertamina is one of Bank DBS Indonesia's strategies in decarbonizing the industrial sector. In general, Bank DBS Indonesia encourages transition financing which by 2022 Bank DBS Indonesia has allocated funding of IDR 2 trillion to support the green transitions initiatives from a number of corporations.



About DBS 

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. 

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022. 

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience. 

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com