Rabu, 04 September 2013

BTN Establishes Cooperation with Asuransi Sinar Mas

State Savings Bank Tbk (BTN) signed a memorandum of understanding and cooperation agreements with PT Asuransi Sinar Mas. Cooperation in the form of bank guarantee warranty contracts, which is more intended to provide guarantees on bank debtors BTN.

The signing of the cooperation agreement was made ​​by the Director of Bank BTN Maryono and Director of Asuransi Sinar Mas, Howen Widjaja. The agreement is the basis for both parties to deal with the scope of the related bank guarantee.

"In cooperation mechanism, Bank BTN will issue a bank guarantee for the debtor that has a credit projects facilitated by Bank BTN," said Maryono in his office, Wednesday (09/04/2013) afternoon.

Maryono said, with a pattern of this kind of guarantee, at least the project is assured by the insurance debtors. Especially with the current macro conditions, the pattern of this kind of nice to support projects that are being carried out by the business, in particular debtors BTN.

As for the object of the bank guarantee is a guarantee insurance quotes, performance bonds, advance payment guarantees, maintenance warranty, guarantee payments, as well as other guarantees agreed by underwriters and the insured.

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