Mayapada Mitra Usaha
In line with our focus to expand commercial, corporate loans as well as SME sector, Bank Mayapada has established business unit for SME and Micro Banking. Since 2007, the Bank has started expanding the distribution of micro loans to traditional market traders which was realized by opening new business units in form of Functional Offices branded as "Mayapada Mitra Usaha" (MMU). This business units are focused on the traditional market needs in banking transactions.
Since 2008 to 2015, Bank Mayapada has been expanding the coverage by opening 86 functional offices through out Jabodetabek, Surabaya, Malang, Kediri, Tulung Agung, Solo, Denpasar, Semarang, Yogyakarta, Bandung, Bogor, Cirebon, Medan, Palembang, Pekanbaru and Lampung. In accordance with our goal to increase the growth of micro loan, we are planning to open 11 fuctional offices as well as join financing such as credit channeling or co-financing with multifinance companies, financing the members of cooperative units and pension foundation in year 2016.