UMKM
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Government raises KUR ceiling to Rp320 trillion for 2026
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Indonesia's government has raised the KUR credit ceiling to Rp320 trillion for 2026, removing loan frequency limits and setting a flat 6% interest rate. UMKM Minister Maman Abdurrahman reaffirmed that applications for KUR under Rp100 million require no collateral, while acknowledging some banks still demand it.
Bank Mandiri has officially opened Livin’ Fest 2025 in Semarang, an event uniting small businesses, the creative industry, and digital financial services. Held from November 13 to 16 at Muladi Dome, Universitas Diponegoro, under the theme “Sinergi Majukan Negeri”, it demonstrates the bank's commitment to accelerating the people's economy and digital transformation.