SMI Loan Disbursement in Q4-2023 Reaches IDR 88.33 Trillion

STATE OWNED ENTERPRISE - JAKARTA. The state-owned enterprise, PT Sarana Multi Infrastruktur (SMI), reported a positive performance in the fourth quarter of 2023. 

According to the Financial Services Authority (OJK) report for the fourth quarter of 2023, released on April 29, 2024, PT SMI's loan disbursement reached IDR 88.33 trillion in the fourth quarter of 2023.

"This figure represents an increase of 0.95% from the previous quarter, which was IDR 87.54 trillion," the OJK noted in its report.

 

However, the OJK recorded a decrease in PT SMI's loan disbursement in the fourth quarter of 2023, which reached IDR 88.33 trillion, compared to the same period the previous year, which was IDR 91.32 trillion. The value decreased by 4.92% year on year (YoY).

Meanwhile, PT SMI's assets in the fourth quarter of 2023 were recorded at IDR 116.18 trillion. This figure represents an increase of 0.95% from the previous quarter, which was IDR 115.09 trillion. 

However, the achievement of assets in the fourth quarter of 2023 decreased by 1.03%, compared to the achievement of assets in the fourth quarter of 2022, which was IDR 117.39 trillion. 

For your information, PT Sarana Multi Infrastruktur was established with the aim of financing infrastructure and financing based on government assignments.