JAKARTA. PT Bank OCBC NISP Tbk (NISP) has channelled a bilateral loan worth IDR 250 billion to eFishery, an aqua-tech start-up that has been operating since 2013.

Emilya Tjahjadi, Director of NISP, claimed that this financing facility is a collaboration intended to support eFishery in creating sustainable innovation. “Hopefully, Bank OCBC NISP and eFishery may work hand-in-hand to promote national food security through the establishment of integrated and sustainable aquaculture ecosystem,” Tjahjadi explained thoroughly in the official statement.

The facility from NISP will then be utilised by eFishery as its working capital to support sales growth. Furthermore, this additional fund is expected to increase eFishery’s export activities.

Prior to this, eFishery and NISP initiated an agreement back in 2022. Both worked together to grant a financing facility for eFishery’s cultivators through a non-collateral loan product of NISP, Cashbiz OCBC NISP.

“With this extra fund from Bank OCBC NISP, we grow more optimistic in our progress to establish aquaculture ecosystem and make significant contribution towards national food security,” Gibran Chuzaefah, CEO and Co-Founder of eFieshery, added. (KR/ZH)