October 6

Impact Credit Solutions and Bank Central Asia Partner to Offer Financing to the Indonesian Healthcare Sector

Bank Central Asia (BCA), a leading Indonesian commercial bank, and Impact Credit Solutions (ICS) have partnered to offer affordable financing to the Indonesian healthcare sector during the COVID-19 pandemic. BCA has committed to participating in the US$40 million Indonesian Resilience Fund (IRF) managed by ICS to finance hospitals, clinics, pharmacies, and other participants in the healthcare supply chain. The IRF is supported by the U.S. International Development Finance Corporation (DFC), the U.S. Agency for International Development (USAID), and the Australian Department of Foreign Affairs and Trade (DFAT).

As of August 2021, the IRF had reached 108 healthcare providers, including 67 hospitals, across 31 provinces in Indonesia. The IRF has financed the delivery of medical equipment, supplies, and services, ranging from oxygen concentrators to personal protective equipment.

Photo courtesy of pisauikan.

Source: Yahoo Finance (link opens in a new window)

Coronavirus, Health Care