Chandra Asri Obtained a Financing Loan worth USD195 Million from DBS Bank

As one of the major players in the industry in Indonesia, PT Chandra Asri Petrochemical Tbk is fully committed to continuing the support for the growth of the downstream petrochemical industry. On 20 July 2020, Chandra Asri received a loan of US$ 195 million or Rp2.9 trillion from DBS Bank to support the company's working capital needs in the form of trade financing and revolving credit facilities (RCF). This loan is also an effort to reactivate industrial growth by Chandra Asri to support national economic growth. Chandra Asri has used digital corporate banking services that are expected to meet the financial needs of customers, especially during the pandemic through digitizing the banking transaction process so that it can continue to prioritize aspects of sustainability in running business operations. This collaboration has proven the mutual trust that DBS has established in Chandra Asri.