BNI links Indonesian diaspora in Hong Kong with MSMEs


State-run PT Bank Negara Indonesia (BNI) has successfully linked the Indonesian diaspora in Hong Kong and micro, small, and medium enterprises (MSMEs) in the country through diaspora loans.

Through diaspora loans, BNI has been able to ensure that Indonesian local products can enter Hong Kong supermarkets and target Indonesians as well as local residents, BNI treasury and international director Henry Panjaitan said here on Saturday.

BNI has also proactively invited large companies, especially from Indonesia, to open businesses in Hong Kong and look for opportunities to export Indonesian-made products, Panjaitan informed.

“We fund the (cost of) import and exports, where the parent company is financed by BNI in Indonesia, then in Hong Kong, we fund the trading arm company. This is basically the main business of BNI Hong Kong,” he said.

BNI assisted Alex Chu, who is part of the diaspora community in Hong Kong and of Indonesian descent, in finding Indonesian MSME products that could be exported to Hong Kong.

Chu is the second generation of an Indonesian diaspora couple who has established three family companies in Hong Kong.

According to BNI’s statement, one of Chu’s companies sells Indonesian food and beverage brands, whose customers are mostly Indonesian Migrant Workers (PMI) in Hong Kong.

Under BNI Xpora, a one-stop solution for helping MSMEs to market and upgrade their businesses, Chu’s company was included in business matching to add more variants of Indonesian MSME products entering the markets of Hong Kong and surrounding countries.

Some MSME products developed by BNI Xpora that are being exported to Hong Kong are coffee, sweet potato chips, crackers, and cuanki meatballs.

BNI is also helping Chu’s business through its money transfer service from Hong Kong to Indonesia with a safe and real-time API system.

“We are very grateful for all the support BNI has given, so we hope that our relationship with BNI will continue to be maintained. We will continue to explore Indonesian products that are acceptable in the Hong Kong market,” Chu remarked.

Source: Antara News