Established in 1984, PT Kliring Berjangka Indonesia (Persero), widely known as KBI, is a state-owned enterprise (SOE) wholly owned by the Indonesian government. Specializing in clearing settlement and guarantee services for commodity futures trading, derivatives, and physical commodity markets, KBI also administers warehouse receipt systems and their derivatives.
A Diverse Clientele Across Industries
Given its broad portfolio of financial services, KBI serves a diverse client base. Commodity futures trading primarily attracts brokers and traders, while the physical commodity market—such as tin trading—engages trading participants. For warehouse receipt administration, its clients include commodity owners and warehouse managers, further solidifying its position as an essential player in Indonesia’s financial ecosystem.
Innovation at the Core of Operations
KBI is the only SOE in Indonesia managing commodity futures trading, a niche industry with significant growth potential. As the market leader, the enterprise differentiates itself through its commitment to continuous innovation. One of its most transformative shifts was evolving from a clearing enterprise using digital technology to a fully digital enterprise with a clearing license. This shift underscores KBI’s understanding that a digital-first mindset is imperative in today’s rapidly evolving financial landscape.
Overcoming Challenges with Digital Excellence
Anticipating increasing volatility, uncertainty, complexity, and ambiguity in the financial sector over the next five years, KBI is proactively strengthening its workforce’s digital capabilities. The enterprise also upholds strong corporate governance principles—transparency, accountability, responsibility, independence, and fairness—which serve as its foundation for sustainable growth and operational excellence.
Maintaining Public Trust and Industry Leadership
As a state-owned enterprise, KBI enjoys high public trust, but complacency is never an option. The company continuously strives to uphold its status as an industry leader while adding value to stakeholders and enhancing Indonesia’s economic services. Its milestones include securing licenses as a clearing house for tin and digital gold physical markets, alongside winning multiple prestigious awards, such as The Best SOE by Investor Magazine, The Best Corporate Social Responsibility Award at the SOE Corporate Corporation and Sustainability Summit, and The Best AKHLAK Award from the SOE Ministry. KBI’s commitment to quality management and information security is further validated by its ISO certifications.
Investing in Human Capital for Sustainable Growth
KBI prioritizes employee well-being by offering competitive performance benefits and fostering a growth-oriented culture. Through comprehensive learning and development programs that emphasize both technical and soft skills, the enterprise ensures employee satisfaction, reflected in its minimal turnover rates.
Corporate Social Responsibility and Sustainable Impact
Beyond business operations, KBI remains dedicated to corporate social responsibility (CSR), aligning its initiatives with global sustainable development goals. By actively engaging with communities and addressing their specific needs, KBI’s flagship CSR programs create meaningful, long-term impact, reinforcing its role as a responsible corporate leader.
Shaping the Future of Financial Services
Recognized by ACES as one of Asia’s Leading SMEs, KBI remains committed to driving innovation and societal contributions. With an ambitious vision to become Indonesia’s leading commodity and financial transaction settlement guarantee company, KBI continues to push the boundaries of excellence in the financial services industry.
Stagnation and complacency can be the single most dangerous threat to any business. That is to say that you should always be improving. As one of Asia’s Leading SMEs, PT Kliring Berjangka Indonesia proves that the value of such financial services runs much deeper as the enterprise continues to create an impact that is much bigger than itself — Shanggari Balakrishnan, Chief Executive Officer, MORS Group
Innovating never goes out of fashion. PT Kliring Berjangka conscientiously aligns its future-forward tech goals with its corporate governance principles and takes very seriously its role as a market leader in commodity futures trading. We cannot wait for the enterprise to break new ground, particularly within the financial services industry in Indonesia.
