ERAA – Secured IDR365 bn credit facility

ERAA – Secured IDR365 bn credit facility Erajaya Swasembada (ERAA), through its affiliated company, Mitra Belanja Anda, secured a credit facility worth IDR365 bn from BNGA on January 30, 2025. The loan consists of a one-year investment loan of IDR175 bn for the opening of a supermarket store, an overdraft facility of IDR40 bn for seven months as a working capital reserve, and an investment loan of IDR150 bn for seven months for the renovation of a supermarket store. (Source : Bisnis Indonesia)