UOB Indonesia and ITB join up to train SME bankers

UOB Indonesia and Bandung Institute of Technology (ITB) have joined forces to educate bankers with small and medium-sized enterprises (SMEs), a banker from UOB Indonesia has said.

“A lot of these SMEs don’t have the right networks for distributors and suppliers and bookkeeping is essential,” UOB Indonesia business banking head Lawrence Loh said in Jakarta on Friday.

The program, called the SME Bankers’ Executive Certification Program, was launched in March and already has 23 graduates, Loh said.

The collaboration between the two institutions will inaugurate five new SME business centers in several cities across Indonesia such as Jakarta, Semarang and Surabaya next year, ITB school of business and management consultancy director Leo Aldianto said.

“We have to help small businesses upgrade their level to medium,” Leo said.