Bank Rakyat Indonesia and Government Finance 1,000 Creative SMEs in Bali

On 13 May 2026, Bank Rakyat Indonesia (BRI) and Indonesian ministries convened a mass signing ceremony at the University of Udayana’s Widya Sabhā auditorium. The event formalised the distribution of the Kredit Usaha Rakyat (KUR) to 1,000 micro‑, small‑ and medium‑enterprises (UMKM) operating in Bali’s creative economy sector.

Attendees included Coordinating Minister for Empowerment Muhaimin Iskandar, UMKM Minister Maman Abdurrahman, Creative Economy Minister Teuku Riefky Harsya, Bali Vice‑Governor I Nyoman Giri Prasta and BRI Micro‑Bank Director Akhmad Purwakajaya. Muhaimin said, “UMKM remains the backbone of the national economy,” adding that collaboration among ministries, banks, local authorities and universities is essential. The government also announced a digital one‑stop service platform, “Sapa UMKM,” to streamline financing, marketing and training for all Indonesian SMEs.

The initiative aims to strengthen Bali’s creative‑industry ecosystem and serve as a model for other regions across Indonesia.