Washington, United States, Aug 6, 2026 (AFP) - World Bank offers $750 mn guarantee for Indonesia loans program

NAMPA / AFP
2026-08-06
The World Bank announced on Thursday that it was providing $750 million in financial guarantees to Indonesia's largest state-owned commercial bank, with the funds to be channeled into the government's low-interest loan program for small businesses. The loan will be provided in two tranches by financial giant HSBC to Indonesia's Bank Mandiri over a three-year term, and is backed by the Multilateral Investment Guarantee Agency (MIGA), an arm of the......
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