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KEB Hana Bank Signs MoU with Koperasi Sumber Mertha Buana November 12, 2015

KEB Hana Bank shows its concern for the development of small and medium enterprises (SME) in Indonesia by supporting OVOP (One Village One Product) program. In cooperation with KOTRA and Ministry of Cooperative and SME, KEB Hana Bank signed OVOP program agreement to support SME business named Koperasi Sumber Mertha Buana which located in Badung, Bali. Besides reinforcing government's program, OVOP program actually has the same vision with KEB Hana Bank's CSR vision which is to educate Indonesia’s local people. "This activity is part of KEB Hana Bank’s CSR program. Having support from all related parties, I believe that Koperasi Sumber Mertha Buana will be able to compete with other commercial coffee products, "said Lee Jae Hak, CEO of KEB Hana Bank.

KEB Hana Bank supported Koperasi Sumber Mertha Buana by giving grinding machine, conducting training to equip the members with relevant skills, and providing assistance to design the new modern packaging. “We hope this collaboration can develop Indonesian SME products. Also, we aim these products to impenetrate the global market. Koperasi Sumber Mertha Buana will most likely be a good example for other ones in Bali,” said Meliadi Sembiring, Deputy Head of SME Resource Assessment.

Hopefully, supports from KEB Hana Bank could be beneficial for the Union (“Koperasi”) to increase its welfare and become more independent later on. “Following the MoU signing, I wish Koperasi Sumber Mertha Buana can produce better products and expand internationally. Above all, it has to contribute to economic growth in Indonesia,” said I Wayan Terima, Head of Koperasi Sumber Mertha Buana. This encourages other companies in Indonesia to support SME so that the real sector in Indonesia can be developed.

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