Shareholders

CreditAccess SEA B.V. (CASEA) is a Netherlands registered company with headquarters in Amsterdam which was established more than 10 years ago. It is a key company in the CreditAccess initiative and ecosystem of companies, providing financial services to underbanked and low-income households across South-East Asia. The Operating Companies of CASEA have been operating for 10+ years providing affordable and tailored financial services for low-income (semi) rural households. Our companies serve and positively impact the lives of more than 850,000 clients in Indonesia and the Philippines through our 6,200+ highly motivated employees.

The loan portfolio of CASEA currently stands at EUR 180 million. CASEA is a well funded company with a diverse shareholder base in Europe and across the Globe. The shareholders are committed to ensure the operating companies thrive and grow sustainably by providing the adequate level of capital.

CASEA holds a total of 86.51% of Bina Artha's shares, achieved through a mix of direct and indirect ownership via its wholly owned local subsidiary, PT Konsultasi Mikro Ventura.

PT Bina Artha Ventura is one of CASEA’s flagship companies and CASEA is a proud and long-term partner supporting and facilitating the continued success of Bina Artha Ventura!

Borealis is a Jakarta-based alternative asset management company managing public equity, private equity, and venture capital investments. Our capital is permanent evergreen capital, which allows us to take a very long-term view in creating value and legacy. Our extensive network and partners enhance the ecosystem and can expand an existing business. We are also deeply passionate in impact investing, empowering businesses with social and environmental benefits.

We are very pragmatic in the development of strategic initiatives and the application of business tools and best practices to empower the company to make more informed decisions and capture value quickly. Furthermore, adoption of good corporate governance is of utmost importance for us as we believe that it will lower the business risks and result in long lasting values and a higher valuation multiple in the future.

Borealis is an active and constructive investor keen to support the transformation of a good business into a professional enterprise. In Bina Artha, Borealis is accomplishing this through its representatives in BoC, Audit Committee, Nomination Remuneration Committee, and Information & Technology Committee, as well as BOD Observer. These roles allow Borealis to actively value add into the business.