FINANCE - 2 Islamic Banks Signed MOU with Franchise Companies

Jakarta (17/6)-2 Islamic Banks, Bank Syariah Mandiri (BSM) and Bank Negara Indonesia (BNI) Syariah has signed MoU with franchise companies. Hanawijaya Director of BSM and signed MOU with My Salon Thomas Lee, in the meantime, BNI Syariah represented by it Business Director Bambang Widjanarko signed MOU with 3 frenchise companies,  Coffee Toffee,  PT Harfarm Jaya Makmur, and PT Biru Semeseta Abadi.(source)

BANKING - BNI Syariah targets Rp 15b of financing in franchise expo

The sharia unit of the country's third-largest lender by assets, Bank BNI, is targeting to ink deals for franchising financing totaling Rp 15 billion (US$1.74 million) during the ongoing international franchise expo in Jakarta, IFRA, which kicked off on Friday.

“We're targeting to be able to disburse Rp 15 billion in financing during this three-day exhibition,” BNI Syariah director Bambang Widjanarko said Friday in Jakarta. (source)