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Archives: Bank

Good Performance For Banking Sector

Director of Banking Research at the Central Bank, Halim Alimsyah (08/11/08) said that by fundamentally our banking sector in the financial crisis currently is still shown a good performance and positive influences for our economic condition.  The growth of third party fund at our banking sector currently has shown the new equilibrilium with fund increasing more [...]

Merger Niaga Bank - Lippo Bank was Complete

Merger process between Malaysia’s Commerce International Merchan Bankers (CIMB) Sdn Bhd Niaga Bank and Lippo Bank has complete. CIMB group now hold a controlling share ownership of 77.75 percent of CIMB Niaga Bank.  After merger, assets of CIMB Niaga Bank is around Rp. 100 trillion (US$ 1 billion) with 650 branch offices in Indonesia and 11,000 [...]

LDR’s Lippo Group Increase Become to 80,8 percent

President Director and Chief Executive Officer (CEO) of PT Bank Lippo Tbk, Henk Mulder said that the company’s credit growht by consolidation was reached 42 percent Year on Year (YoY) become to Rp. 24,551 trilliun.  The credit growth has contributing by Lippo group are consist of 39 percent for commercial credit, 33 percent corporation credit and [...]

10.000MW’s Projects Still Continue as per Schedule

Related by financial crisis at this moment, state-owned electricity company (PLN) who representative by Vice-Director of PLN, Rusdiantara said that the project fund to realize these big project (10.000MW’s projects) for electricity is not influence and still continue as per schedule.  Next year (2009), the company (PLN) will finishing three projects as a part of the [...]

BI must be reponsible to avoid Indover Bank’s Bankruptcy

State-Owned Enterprise (BUMN) Minister, Sofyan Djalil claims that the Central Bank (BI) should be responsible and focus to finish the BUMN banking current assets in NV. De Indonesische Overzeese Bank (Bank Indover) who has been bankruptcy process by Deucth Central Bank.  The Central Bank (BI) as the one or single stockholders of Indover Bank must be [...]

Danamon’s performance in the 3rd quartal is better than 2nd quartal

Credit’s growth of Danamon Bank was reached 33 percent Year on Year (YoY) till the third quartal of 2008. This credit’s growth was supported by mass market segmen and consumer finance segmen.  Until September 2008, Danamon’s credit has been growth to the amount Rp. 16.4 trillion, become to Rp. 66.5 trillion.   While, Earning After Tax (EAT) [...]

Credit’s growth increase more quickly than the target

If we compare from the last year at the some period, our credit’s growth was decrease on last month (September 2008). This condition is the banking responsiveness refer to the treath of credit’s growht more quickly till 36 percent (year on year/ YoY at August 2008) from the target which only 24.6 percent .  While, on [...]

Impact of USA’s crisis to IDX

The United Stated of America’s (USA) crisis on last week has not influence our domestic economic, this condition caused by our market  was closed for the “Idul Fitri holidays”.   The influence has been done on this week, after the Idul Fitri holidays was finished. On Monday trading opening (06/10/08), our Jakarta Composite Index (JCI) was [...]

IDB and ADB agree to financing Indonesia’s infrastructure projects

In the next three year, Indonesia will get the financing to realize the infrastructure projects covering irrigation and urban sector. This condition related with agreement was signed by the Asian Development Bank (ADB) and the Islamic Development Bank (ADB) to finance some projects in a number of member states, including Indonesia. 

2008, Danamon’s loans target Rp. 66.25 trillion

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 [...]

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