Bank Andara

Bank Andara is the first wholesale bank for microfinance institutions – rural banks and cooperatives – in Indonesia. The bank wants to be the foremost partner for the microfinance sector in Indonesia and reach a large group of people who currently have no, or only limited, access to financial services. The bank wants to generate further growth in the coming years and offer a number of new, innovative services to microfinance institutions, such as micro-insurance, transfers and remittances. Hivos-Triodos Fund is one of the founding shareholders in Bank Andra. With this investment Hivos-Triodos Fund actively supports the microfinance sector in Indonesia by focussing on the microfinance institutions that are already there and servicing them.

http://www.bankandara.co.id