Strengthening Distribution, CCEP Indonesia Utilizes BRI's Corporate Billing Management and Distributor Financing Services
PR96027
JAKARTA, Indonesia, May 17, 2022 /PRNewswire=KYODO JBN/ --
Bank BRI (IDX: BBRI) has partnered with Coca-Cola Europacific Partners
Indonesia (NASDAQ: CCEP) to facilitate distributor payment transactions and
strengthen the distribution of its corporate customers through BRI's Corporate
Billing Management (CBM) and Distributor Financing services.
This was marked by the signing of a Memorandum of Understanding (MOU) on
Banking Services between Miguel Marquez, Financial Director of CCEP Indonesia
and PNG, and Agus Noorsanto, BRI's Director of Institutional and Wholesale
Business, on May 11, 2022. On the same occasion, they also signed a Distributor
Financing Cooperation Agreement.
Agus said that the company is ready to facilitate the best service for CCEP
Indonesia and its distributors, who in majority are MSME players. "With BRI's
experience, we hope that CCEP Indonesia and its distributors will benefit from
the Distributor Financing facilities and the management of banking
transactions. The collaboration with CCEP Indonesia reflects BRI's ability to
meet world-class standards to meet the banking and financial needs of
multinational corporations."
This collaboration will facilitate efficient management of financial
transactions and ensure timely receipt of payments through an integrated
system. BRI's Cash Management Platform and CBM provide flexibility for
distributors and CCEP Indonesia to make transactions anywhere and anytime,
including carrying out transactions during holidays.
In addition, this collaboration is also a reflection of investors' confidence
in BRI, with a demonstrated experience in serving the fast-moving consumer
goods' distribution ecosystem. All the best services from BRI Group are
available to CCEP Indonesia, including its employees.
CCEP Indonesia has always been committed to Indonesia and its growth, as well
as supporting the growth of the MSME business by continuing to work with its
employees, communities, customers, suppliers, and partners, as well as the
government.
"We chose BRI, which is one of the main banking players in Indonesia, as a
banking partner to support our distributors, most of whom are MSME players. We
believe that this collaboration will provide added value to MSMEs for them to
level up. The MoU serves as an umbrella for various cooperation opportunities
for distributors and realize our commitment to supporting strong and
sustainable business growth in Indonesia," explained Miguel.
More information about BRI can be accessed at www.bri.co.id.
SOURCE: PT Bank Rakyat Indonesia Tbk (BRI)
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Link: http://asianetnews.net/view-attachment?attach-id=421339
Caption: Left to Right: Agus Noorsanto, BRI Director of Institutional and Wholesale
Business and Miguel Marquez, CCEP Indonesia and PNG Financial Director.
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