Bank DBS Indonesia has extended a USD 20 million sustainable pre-shipment financing facility to Sucden Coffee Indonesia, aimed at strengthening working capital across the company’s supply chain and supporting smallholder farmers and MSMEs nationwide.
The facility is designed to enhance liquidity at the pre-export stage, helping farmers stabilise cash flows while expanding access to domestic and international markets. It also aligns with Indonesia’s Law No. 20 of 2008, which promotes MSME development through improved access to finance and markets.
Anthonius Sehonamin, Head of Institutional Banking Group at Bank DBS Indonesia, said the partnership reflects the bank’s commitment to inclusive and sustainable growth. “This partnership demonstrates Bank DBS Indonesia’s commitment as a trusted partner for sustainable business growth by strengthening Indonesia’s agricultural supply chain through inclusive and sustainable access to financing, in line with our aspiration to be the Best Bank for a Better World,” he said. “We are pleased to partner with Sucden Coffee Indonesia to advance the coffee industry and strengthen the resilience of local coffee farmers.”
The financing supports Sucden Group’s long-term sustainability strategy, including its 2050 vision and 2025 interim targets. These include providing annual training to smallholder farmers on good agricultural practices and increasing the share of certified or verified sustainable coffee within its traded volumes.
Elliott Commissaire, Chief Financial Officer at Sucden Coffee, said the facility would help scale positive impact across the supply chain. “This facility enhances our ability to generate positive impact and foster sustainable practices along our supply chain, which includes smallholder farmers. We appreciate Bank DBS Indonesia’s partnership as we continue building a responsible and sustainable coffee value chain,” he said.
The deal forms part of Bank DBS Indonesia’s broader sustainable finance strategy. The bank has previously provided blended finance to Adena Coffee, a social enterprise focused on sustainable coffee production, which has also received support from the DBS Foundation Grant Programme 2024.