PT. Jamkrida Banten

What PT. Jamkrida Banten does

PT. Jamkrida Banten, operating under the legal name PT. Penjaminan Kredit Daerah Banten (Perseroda), is a regional credit guarantee company headquartered in Serang, Banten Province, Indonesia. Founded in 2014 and structured as a Badan Usaha Milik Daerah (BUMD) — a regionally-owned enterprise — with the Banten Provincial Government holding a 51% ownership stake, the company provides credit guarantee services to small and medium enterprises (SMEs) and cooperatives operating within the region. It operates through two units: a conventional unit offering Penjaminan Kredit (credit guarantee), Surety Bond, and Custom Bond products, and a Sharia business unit (UUS) offering Kafalah-based products aligned with Islamic finance principles, including Kafalah Pembiayaan, Kafalah Surety Bond, Kafalah Kontra Bank Garansi, and Kafalah Pembiayaan Konstruksi.

The company runs a B2B2C distribution model: it underwrites guarantees that back loans originated by partner financial institutions, rather than lending directly. Its technology stack includes the SIJAMIN integrated guarantee processing system, E-Certificate and E-Document issuance, supporting applications SIPOJA and SIKOJA, and integration with national digital infrastructure including the electronic signature platform (BSRE) and single sign-on (SSO). Distribution is anchored by 28 conventional partners (banks, BPRs, and non-bank financial institutions) and 31 Sharia unit partners, with key relationships including Bank BJB, Bank BJB Syariah, and Bank Mega Syariah.

Revenue is generated primarily through guarantee premiums and fees on the underlying exposures guaranteed, supplemented by ancillary fees. The company carries authorized capital of Rp 220 billion (raised from Rp 100 billion in 2016) and operates with approximately 30 employees, consistent with its regional scale. Following its 2026 conversion to Perseroda (perda-owned enterprise) status, the company is repositioning under a strengthened governance framework aligned with OJK regulatory requirements.

Name

PT. Jamkrida Banten

Legal name

PT. Penjaminan Kredit Daerah Banten (Perseroda)

Website

https://jamkridabanten.co.id

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

PT. Jamkrida Banten is a Banten Province-owned credit guarantee company that backs SME and cooperative loans originated through 28 conventional and 31 Sharia financial institution partners.

Ownership category

akta.pro rank

Product category

Credit Guarantee Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

akta.pro secondary industry

Islamic Trade Finance & Supply Chain (Shariah-compliant) (FSABAGAE)

Keywords

• Credit guarantee services
• Surety bond issuance
• Sharia kafalah guarantees
• SME credit financing
• Regional guarantee company

Headquarters

HQ city

Kota Serang

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Credit/Bond Guarantee Fees: PT. Jamkrida Banten generates revenue through guarantee fees charged on credit guarantees, surety bonds, and custom bonds issued to banks, BPR/BPRS, and non-bank financial institutions on behalf of SME and cooperative borrowers. Fees are charged to the guaranteed party or the guarantor as a percentage of the guaranteed obligation.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

PT. Jamkrida Banten is an OJK-licensed regional credit guarantee company (BUMD) that issues credit guarantees, surety bonds, and custom bonds to banks, BPR/BPRS, and non-bank financial institutions in Banten Province so that their under-collateralized SME and cooperative borrowers can access financing. It operates both a conventional line (Penjaminan Kredit, Surety Bond, Custom Bond) and a Sharia Business Unit (Unit Usaha Syariah) offering Kafalah products compliant with POJK 11/2025. Revenue is earned through transaction-based guarantee fees charged as a percentage of each guaranteed obligation.

Product overview

PT. Jamkrida Banten offers two main product lines: Konvensional (conventional) and Unit Usaha Syariah (Sharia Business Unit). The conventional products include Surety Bond, Custom Bond, and Penjaminan Kredit for credit guarantee services. The Sharia unit offers Kafalah-based products including Kafalah Kontra Bank Garansi, Kafalah Pembiayaan Konstruksi/Pengadaan Barang Dan Jasa, Kafalah Pembiyaan Non Produktif, Kafalah Pembiyaan Produktif, and Kafalah Surety Bond. The company also operates internal digital platforms including E-Certificate, E-Document, PPID, SIKOJA (Sistem Informasi Kafalah), and SIPOJA (Sistem Informasi Penjaminan).

Differentiator

Problem solved

Functional benefit

Brands

• Unit Usaha Syariah (UUS): Sharia Business Unit providing Islamic-compliant guarantee products (Kafalah) including Kafalah Pembiyaan Produktif, Kafalah Pembiyaan Non Produktif, Kafalah Surety Bond, Kafalah Kontra Bank Garansi, and Kafalah Pembiyaan Kontruksi/Pengadaan Barang Dan Jasa

Products and services

• Penjaminan Kredit (Konvensional) Conventional credit guarantee product covering loans/financing extended by financial institution partners (banks, BPR) to SME and micro borrowers for additional working capital and/or investment purposes to grow their businesses. Used by receiving institutions (Penerima Jaminan) to guarantee exposure on Terjamin borrowers.
• Surety Bond (Konvensional) Conventional surety bond that is a written agreement between the surety company (PT. Jamkrida Banten) and the principal to guarantee to a third party (obligee) that the principal will fulfill its obligations under the underlying contract. Used by contractors and principals participating in projects.
• Custom Bond (Konvensional) Conventional guarantee issued to importer/exporter companies (principal) to fulfill their obligations on exemption/assumption of state revenue dues equal to the value of import VAT (PPN) and other tax facilities on imported goods receiving customs facilities.
• Kafalah Pembiyaan Produktif (UUS) Sharia-compliant kafalah guarantee covering productive financing extended by receiving institutions (Makful Lahu) to guaranteed parties (Makful Anhu) as business actors for working capital and/or investment to grow and develop their businesses.
• Kafalah Pembiyaan Non Produktif (UUS) Sharia-compliant kafalah guarantee covering non-productive financing whose repayment source comes from the guaranteed party's salary/fixed income through direct salary deduction.
• Kafalah Surety Bond (UUS) Sharia-compliant written kafalah guarantee issued by the guarantee company (surety) to the project owner (obligee), certifying that the contractor or project executor (principal) will fulfill its obligations according to the agreed contract.
• Kafalah Pembiayaan Konstruksi/Pengadaan Barang Dan Jasa (UUS) Sharia-compliant kafalah guarantee covering financing extended by receiving institutions (Makful Lahu) to guaranteed parties (Makful Anhu) for additional working capital in construction services and goods/services procurement businesses in accordance with the work contract.
• Kafalah Kontra Bank Garansi (UUS) Sharia-compliant guarantee issued by the guarantee/surety company to a bank to support the issuance of a Bank Guarantee for a contractor/principal, guaranteeing contractual obligations to the project owner (obligee).

Quantifiable outcome

• Guarantee issuance enabling SMEs and cooperatives in Banten Province to access bank financing without full collateral requirements
• +1 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

31 partnerships are on record, tiered core and standard.

• PT. Jamkrida Utama (Jamkrida Jakarta)coreStrategic or Co-development Partner · 1 January 2026Jamkrida Banten and Jamkrida Jakarta held a meeting in Jakarta in June 2026 to discuss kafalah (co-guarantee) cooperation. Following OJK's official co-guarantee regulation (kogaransi), the two regional guarantee companies are exploring cross-regional guarantee arrangements to share large exposures and expand guarantee capacity for contractors and SMEs.
• PT. Bank Mega SyariahcoreChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic commercial bank partner for kafalah (sharia guarantee) products. Issues Islamic financing to SME clients covered by Jamkrida Banten sharia guarantee.
• PT. Bank Jawa Barat Banten Syariah (Bank BJB Syariah)coreChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic version of regional development bank BJB, serving as key sharia banking partner for kafalah guarantee products in Banten.
• PT. BPRS AttaqwacoreChannel Partner/ Reseller/ Distributor · 1 January 2016One of the largest Islamic rural banks (BPRS) in Indonesia, serving as key kafalah partner for Jamkrida Banten's sharia guarantee products.
• PT. BPRS Musyarakah Ummat IndonesiastandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank (BPRS) partner for kafalah guarantee products covering Islamic financing to SMEs.
• PT. BPRS Cilegon MandiristandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank based in Cilegon, Banten, partner for kafalah guarantee products.
• PT. BPRS FitrahstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner that signed PKS (Perjanjian Kerja Sama) renewal with Jamkrida Banten UUS in 2026 to comply with POJK 11/2025.
• PT. BPRS Berkah RamadhanstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner for kafalah guarantee products.
• PT. BPRS Harta Insan KarimahstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner in Java (including Central Java branch) for kafalah guarantee.
• PT. BPRS Bina Amwalul HasanahstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner for kafalah guarantee products.
• PT. BPRS HIK Insan CitastandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner for kafalah guarantee products.
• PT. BPRS PNM MENTARIstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank (BPRS) partner for kafalah guarantee.
• PT. BPRS Bina RahmahstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner for kafalah guarantee products.
• PT. BPRS WakalumistandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner for kafalah guarantee products.
• PT. BPRS Khasanah UmmatstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner for kafalah guarantee products.
• PT. BPRS RIFATUL UMMAH (Bank Biru)standardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic rural bank partner for kafalah guarantee products.
• Koperasi Serba Usaha BMT UMJstandardChannel Partner/ Reseller/ Distributor · 1 January 2016Islamic cooperative (BMT) partner providing sharia microfinance services with kafalah guarantee from Jamkrida Banten.
• PT. BANK PEMBANGUNAN DAERAH JAWA BARAT DAN BANTEN (Bank BJB)coreChannel Partner/ Reseller/ Distributor · 1 January 2014Bank BJB is a conventional commercial bank partner that issues credit guarantees with Jamkrida Banten coverage for SME borrowers in Banten Province. As a regional development bank, BJB shares the regional mandate of supporting local economic development through SME financing.
• PT. BANK PEMBANGUNAN DAERAH BANTEN. TBKcoreChannel Partner/ Reseller/ Distributor · 1 January 2014Regional development bank of Banten Province, issuing credit guarantees for SME financing backed by Jamkrida Banten guarantee instruments.
• PT. BPR AMAL BHAKTI SEJAHTERAstandardChannel Partner/ Reseller/ Distributor · 1 January 2014Rural bank (BPR) in Banten providing SME credit, with Jamkrida Banten guarantee covering credit risk on micro and small enterprise loans.
• PT. BPR BERKAH (PERSERODA)standardChannel Partner/ Reseller/ Distributor · 1 January 2014Regional rural bank (BPR) serving SME borrowers in Banten with credit guarantee support from Jamkrida Banten.
• PT. BPR BUMIDHANAstandardChannel Partner/ Reseller/ Distributor · 1 January 2014Rural bank partner providing credit to micro and small enterprises with guarantee coverage from Jamkrida Banten.
• PT. BPR HARIARTA SEDANAstandardChannel Partner/ Reseller/ Distributor · 1 January 2014Rural bank (BPR) partner in Banten's SME financing ecosystem.
• PT. BPR KERTA RAHARJA GEMILANG (PERSERODA)standardChannel Partner/ Reseller/ Distributor · 1 January 2014Regional rural bank (PERSERODA) serving as Jamkrida Banten's guarantee partner for SME loans in Banten.
• PT. BPR LAKSANA BINA CILEGONstandardChannel Partner/ Reseller/ Distributor · 1 January 2014Rural bank partner based in Cilegon, Banten, providing SME financing with Jamkrida Banten guarantee.
• PT. BPR LEBAK SEJAHTERA (PERSERODA)standardChannel Partner/ Reseller/ Distributor · 1 January 2014Lebak district rural bank (PERSERODA) partner providing micro enterprise financing with Jamkrida Banten guarantee.
• PT. BPR SERANG (PERSERODA)standardChannel Partner/ Reseller/ Distributor · 1 January 2014Serang district rural bank (PERSERODA) partner for SME guarantee services.
• PT. BPR RIFI MALIGIstandardChannel Partner/ Reseller/ Distributor · 1 January 2014Rural bank partner in Banten serving SME borrowers with Jamkrida Banten credit guarantee.
• PT. BPR RIZKY BAROKAHstandardChannel Partner/ Reseller/ Distributor · 1 January 2014Rural bank partner serving SME financing needs with guarantee coverage from Jamkrida Banten.
• LPDB-KUMKM (Lembaga Pengelola Dana Bergulir - Kupedes)coreChannel Partner/ Reseller/ Distributor · 1 January 2014Government microfinance institution (LPDB-KUMKM) partnered with Jamkrida Banten for guarantee-backed micro and small enterprise lending. LPDB provides wholesale funding to rural banks and cooperatives.
• PUSAT INVESTASI PEMERINTAH (Government Investment Center)coreChannel Partner/ Reseller/ Distributor · 1 January 2014Government Investment Center provides government-backed investment programs for regional enterprises; partnered with Jamkrida Banten for guarantee-backed SME financing programs.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• PT Asuransi Tugu Pratama Indonesia: Surety insurance provider offering bank guarantee, performance bond, and bid bond products. Competes with Jamkrida Banten for contractor surety and government procurement guarantee business, particularly on larger ticket surety transactions.
• PT Jamkrida Jawa Timur: East Java regional credit guarantee company offering similar conventional and Sharia (Kafalah) guarantee products to SMEs and cooperatives in its province. Comparable BUMD structure and partner ecosystem profile.
• PT Jamkrida Utama (Jamkrida Jakarta): DKI Jakarta regional credit guarantee company (BUMD) operating with the same business model, products, and target customer segments as Jamkrida Banten but in Jakarta. Actively exploring co-guarantee (kogaransi) partnership with Jamkrida Banten, indicating structural and product-level parity.
• PT Jamkrida Kalimantan Selatan: South Kalimantan regional credit guarantee BUMD operating under identical Perda-based mandate with conventional and Sharia guarantee products for SMEs and cooperatives. Comparable peer across regional guarantee industry structure.
• PT Asuransi Jasaraharja Putera: General insurance company with strong surety bond practice serving contractors and importers. Overlaps with Jamkrida Banten's Surety Bond and Custom Bond offerings for contractors and trading companies.
• PT Asuransi Bangun Askrida: Indonesian surety and credit insurance company specializing in surety bonds for construction, procurement, and contract guarantees. Competes directly with Jamkrida Banten's Surety Bond and Custom Bond product lines for the same obligee and contractor customer base.
• PT Penjaminan Kredit Daerah Jawa Tengah (Jamkrida Jateng): Central Java regional credit guarantee company with parallel BUMD structure, product offerings (Kafalah and conventional guarantees), and SME/cooperative focus. Comparable in size, business model, and regulatory positioning as a peer provincial Jamkrida.

Broad incumbents

• PT Asuransi Kredit Indonesia (Askrindo): National credit guarantee insurance company under IFG that provides similar credit guarantee and surety products across Indonesia. Operates at much larger scale nationally, competing for the same banking partner relationships and larger surety transactions that Jamkrida Banten targets.

Regional players

• Korea Credit Guarantee Fund (KODIT): Korean national credit guarantee fund providing SME credit guarantees through partner financial institutions. Comparable institutional credit guarantee business model though at much larger scale and in a different regulatory environment.
• Credit Guarantee Corporation Malaysia (CGC): Malaysian national credit guarantee institution providing SME loan guarantees through banking partners. Same business model (bank-intermediated credit guarantee for underserved SMEs) and partner distribution approach, though operating in Malaysia rather than Indonesia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/jamkridabanten

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT. Jamkrida Banten