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)

Image Attachments Links:

   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.