UOB Indonesia and ITB join up to train SME bankers
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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.
Questions & Answers
Q.What is the purpose of this collaboration between UOB Indonesia and ITB?
What is the purpose of this collaboration between UOB Indonesia and ITB?
The collaboration aims to educate bankers working with small and medium-sized enterprises (SMEs). This initiative helps SMEs overcome challenges like lacking suitable networks for distributors and suppliers, and also with bookkeeping.
Q.What is the name of the programme established by this partnership?
What is the name of the programme established by this partnership?
The programme developed by UOB Indonesia and ITB is called the SME Bankers’ Executive Certification Program. It was launched in March and has already produced 23 graduates.
Q.Are there any further plans for this partnership in the future?
Are there any further plans for this partnership in the future?
Yes, the collaboration plans to open five new SME business centres next year. These will be located in several Indonesian cities, including Jakarta, Semarang, and Surabaya.
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