Danamon Strengthens Support for Exporters in Managing Natural Resource Export Proceeds to Drive Indonesia’s Economic Growth

Press Release / 18 March 2025

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Jakarta, 18 March 2025 - PT Bank Danamon Indonesia Tbk (“Danamon”, IDX: BDMN) reaffirms its full support for the implementation of Government Regulation Number 8 of 2025 concerning Export Proceeds from Natural Resource Business, Management, and/or Processing Activities. This regulation mandates that exporters in the mining, plantation, forestry, and fisheries sectors retain 100% of their Natural Resource Export Proceeds (“DHE SDA” or NREP) within the Indonesian financial system for at least one year. Danamon underscores its commitment to this initiative during the DHE SDA information dissemination held Friday (14/3) in Jakarta.

Thomas Sudarma, Director of Enterprise Banking & Financial Institution of Danamon, stated, "As a key player in the financial services industry, Danamon recognizes the significance of regulations governing the placement of DHE SDA to drive Indonesia's economic growth. We offer a range of superior products and services designed to help exporters securely store and efficiently manage their DHE SDA while ensuring compliance with regulatory requirements. We encourage our corporate customers, particularly those in the natural resource export sector, to leverage Danamon’s holistic financial solutions tailored to their needs.”

Danamon's participation in this dissemination event reflects its commitment to supporting the optimal management of DHE SDA through education and awareness. The event aimed to help customers understand the importance of proper DHE SDA management, as well as introduce the applicable mechanisms and regulations governing these funds. During the session, Margaret Tjahjono, Head of Transaction Banking Sales of Danamon, and Meidawati Tan, Head of Treasury EBFI Sales of Danamon, presented a range of Danamon’s financial solutions designed to assist customers in complying with and maximizing the benefits of the policy.

With a global and national network and a comprehensive range of holistic financial solutions, Danamon offers various products to support customers in retaining DHE SDA. These include special export proceeds foreign currency accounts (reksus) integrated with Danamon Cash Connect for seamless internet banking access, time deposit placements at Bank Indonesia or Danamon with competitive interest rates, a selection of investment instruments such as Bank Indonesia Foreign Exchange Securities (SVBI) and Bank Indonesia Foreign Exchange Sukuk (SUVBI), as well as solutions for utilizing DHE SDA through FX swaps and rupiah-denominated loan collateral between exporters and Danamon.

In addition, Danamon also provides a comprehensive range of banking products and services tailored to meet the diverse needs of exporter customers, including trade finance and services. These solutions are easily accessible to Danamon corporate customers through Danamon Trade Connect, an online-based trade finance and services platform that enables customers to conduct various trade transactions seamlessly from their electronic devices.

With the right banking instruments and strong synergy with the government, exporters can maximize the benefits of retaining DHE SDA in Indonesia, supporting both the growth of their business and contributing to the advancement of the Indonesian economy.

Export corporate customers who wish to learn more or explore Danamon's various solutions for DHE SDA management can contact Hello Danamon at 1-500-090 or reach out to their respective Relationship Manager.

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