2008, Danamon’s loans target Rp. 66.25 trillion
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Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (226) • September 6th, 2008
Chief Financial Officer of PT Bank Danamon Tbk., Vera Eve Lim, said that the outstanding loans will be reaching Rp. 66.25 trillion (US$ 7.28 billion) by the end of this year (2008).
On the first half of a year 2008, Danamon has contributing their loans facility to many sector, there are consist of corporate lending has contributed 32%, retail and consumer loans contributed 43% and small scale business around 25%.
The increased BI rate currently (9.25%) has spurred banks to follow suit with their own rates, leading to dampened demand for loans from individuals and businesses.
The growth in lending pushed Danamon’s net profit for this period to Rp 1.16 trillion or 14% increase from the previous year (2007) in the some period. While, Non-Performing Loans (NPL) in the first semester was only 2.3%, decrease 0.8% from the last year on the some period (2007).
On last semester (2007), NPL was reached 3.1%. Bank Danamon, is the country’s fifth largest lender, expects full-year lending to grow 25 percent on a rise in consumer loans despite a weakened economy and higher interest rates.
Topic: Bank, Business, Finance, News
Tags: Bank, Loans
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