Strengthening distribution, CCEP Indonesia uses BRI’s corporate billing management and distributor financing services

Jakarta, Indonesia, May 16, 2022 /PRNewswire/ — BIS Bank BBRI has partnered with Coca-Cola Europacific Partners Indonesia CPEC to facilitate distributor payment transactions and strengthen distribution for its corporate clients through BRI’s Corporate Billing Management (CBM) and distributor financing services.

This was marked by the signing of a memorandum of understanding on banking services between Miguel MarquezChief Financial Officer of CCEP Indonesia and PNG, and Agus Noorsanto, Director of Institutional and Wholesale Affairs of BRI, the May 11, 2022. At the same time, they also signed a distributor financing cooperation agreement.

Agus said the company is ready to facilitate the best service for CCEP Indonesia and its distributors, who are mostly MSME players. “With BRI’s experience, we hope that CCEP Indonesia and its distributors will benefit from distributor financing facilities and bank transaction management. The collaboration with CCEP Indonesia reflects BRI’s ability to meet world-class standards for 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 and CBM’s cash management platform gives distributors and CCEP Indonesia the flexibility to transact anywhere and anytime, including transacting during holidays.

Additionally, this collaboration is also a reflection of investors’ confidence in BRI, with a demonstrated track record of serving the fast-changing consumer goods distribution ecosystem. All the best BRI Group services 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 with government.

“We chose the BRI, which is one of the main banking players in Indonesia, as a banking partner to support our distributors, mostly MSME players. We believe that this collaboration will bring added value to MSMEs to enable them to progress. The MoU serves as a framework for various cooperative opportunities for distributors and embodies our commitment to support strong and sustainable business growth in Indonesia“, explained Miguel.

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SOURCE PT Bank Rakyat Indonesia Tbk (BRI)

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