As part of its commitment to supporting the government’s efforts to strengthen food security in Indonesia, Bank DBS Indonesia and Chickin announced a IDR250 billion loan partnership in Jakarta on Monday (20/1). The funds will be used by the Indonesian agritech company that operates in the poultry farming sector as working capital to improve its business operations. This collaboration aims to revolutionise poultry farming in Indonesia to make it more sustainable and able to provide high-quality and affordable food for the general public.

The Ministry of Agriculture revealed that broiler chicken production in Indonesia will continue to grow in 2025 to over 3.7 million tons. The increase is driven by high domestic demand and population growth. Despite the projected growth in production, significant challenges remain in both upstream and downstream segments of the poultry industry. The biggest challenges include limited working capital, lack of access to modern agricultural technology, as well as distribution and infrastructure issues.

Executive Director, Head of Mid Cap, Institutional Banking Group at PT Bank DBS Indonesia Natalia Y. Ratulangi said, “Bank DBS Indonesia is excited about the opportunity to support Chickin through this loan. The mid-cap segment remains promising and holds bright prospects as it continues to grow with many opportunities to be seized. As a company that is revolutionising the poultry farming industry in Indonesia, Chickin brings innovation that has the potential to make a significant impact on sustainability and efficiency in the agribusiness sector. We are proud to be a trusted partner of Chickin in their journey to grow their business. We believe this collaboration will drive advancements in agricultural technology, improve the welfare of local farmers, and deliver positive impacts on the Indonesian economy.”

Livestock farming is a key subsector of the national economy. Increasing the availability of livestock products, particularly broiler chickens, as a source of protein can improve the nutritional status of the Indonesian population and help improve the quality of Indonesia’s human resources. The funding is expected to support the government’s efforts to strengthen food security for Indonesia's 270.2 million citizens.

The technology used is cloud-based software to enable farmers to manage their operations effectively through a monitoring dashboard and to ensure transparency in livestock oversight, cage management tools, as well as Internet of Things (IoT) hardware to optimise the Feed Conversion Ratio (FCR).

Lastly, on the downstream side, Chickin also processes live chickens into chicken cuts and distributes them to various companies across multiple business sectors, including hotels, restaurants, catering services, and the food processing industry. Thanks to its strict processing standards, Chickin has earned the trust of over 200 companies in various cities across Indonesia as their chicken supplier. Chickin remains committed to ensuring that every product distributed not only meets customer needs but also supports sustainable food safety.

“We appreciate Bank DBS Indonesia for their trust in Chickin. This support allows us to provide working capital for small-scale farmers, ensure more environmentally friendly farming practices through the use of technology so as to increase farmers’ productivity, and bolster food security for the people of Indonesia,” said Chickin Co-founder and Chief Executive Officer Tubagus Syailendra W.

The loan to Chickin is also part of Bank DBS Indonesia's commitment to be a trusted banking partner for mid-cap companies that continue to grow and expand their business. Bank DBS Indonesia has also provided loans for various mid-cap companies, including those in the manufacturing industry and consumer businesses.

For more information on corporate banking by Bank DBS Indonesia, visit this page.

Bank DBS Indonesia gives IDR250 billion loan to help Chickin revolutionise chicken farming in Indonesia