Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, May 17 2022 - 14:52
AsiaNet
Strengthening Distribution, CCEP Indonesia Utilizes BRI's Corporate Billing Management and Distributor Financing Services
JAKARTA, Indonesia, May 17, 2022 /PRNewswire-AsiaNet/ --

Bank BRI (IDX: BBRI) has partnered with Coca-Cola Europacific Partners 
Indonesia (NASDAQ: CCEP) to facilitate distributor payment transactions and 
strengthen the distribution of its corporate customers through BRI's Corporate 
Billing Management (CBM) and Distributor Financing services.

This was marked by the signing of a Memorandum of Understanding (MOU) on 
Banking Services between Miguel Marquez, Financial Director of CCEP Indonesia 
and PNG, and Agus Noorsanto, BRI's Director of Institutional and Wholesale 
Business, on May 11, 2022. On the same occasion, they also signed a Distributor 
Financing Cooperation Agreement.

Agus said that the company is ready to facilitate the best service for CCEP 
Indonesia and its distributors, who in majority are MSME players. "With BRI's 
experience, we hope that CCEP Indonesia and its distributors will benefit from 
the Distributor Financing facilities and the management of banking 
transactions. The collaboration with CCEP Indonesia reflects BRI's ability to 
meet world-class standards to meet the banking and financial needs of 
multinational corporations."

This collaboration will facilitate efficient management of financial 
transactions and ensure timely receipt of payments through an integrated 
system. BRI's Cash Management Platform and CBM provide flexibility for 
distributors and CCEP Indonesia to make transactions anywhere and anytime, 
including carrying out transactions during holidays.

In addition, this collaboration is also a reflection of investors' confidence 
in BRI, with a demonstrated experience in serving the fast-moving consumer 
goods' distribution ecosystem. All the best services from BRI Group are 
available to CCEP Indonesia, including its employees.

CCEP Indonesia has always been committed to Indonesia and its growth, as well 
as supporting the growth of the MSME business by continuing to work with its 
employees, communities, customers, suppliers, and partners, as well as the 
government.

"We chose BRI, which is one of the main banking players in Indonesia, as a 
banking partner to support our distributors, most of whom are MSME players. We 
believe that this collaboration will provide added value to MSMEs for them to 
level up. The MoU serves as an umbrella for various cooperation opportunities 
for distributors and realize our commitment to supporting strong and 
sustainable business growth in Indonesia," explained Miguel.

More information about BRI can be accessed at www.bri.co.id.

SOURCE:  PT Bank Rakyat Indonesia Tbk (BRI)

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=421339

   Caption: Left to Right: Agus Noorsanto, BRI Director of Institutional and 
Wholesale Business and Miguel Marquez, CCEP Indonesia and PNG Financial 
Director.

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