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Archives: Finance

INTRAC has received 11.470 Suspicious Transaction Report

Money laundering as a crime of global dimension is a new concept in many countries, including Indonesia. The magnitude of its impact on the economy of a country encourages countries and world organizations to commit significant resources to the eradication and prevention of this crime (www.ppatk.go.id).  Until the end of October 2007, Indonesia Financial Transaction Reports [...]

WOM finance loss Rp. 65,206 milliard

Until the tird quartal 2007, Income of PT Wahana Ottomitra Multiartha Tbk (WOM Finance) has been increasing from the last year (2006), Rp. 811,171 miliard become to Rp. 893,314 miliard, or growth to the amount 10,13 percent. But, from the January till September 2007, the company has been loss Rp. 65,206 miliard.  This condition cause of [...]

Permata Bank financing apartment ownership at Kemang Village

Permata Bank and Lippo Karawaci has been making an agreement to financing the credit facility for apartment ownership in exclusive project at Kemang Village, South Jakarta.   Until September 2007, Permata Bank has distributing their credit facility till Rp. 2,9 trilion or increase to the amount 12,5 percent growht’s, if compare with last year in the [...]

ADB support Indonesia with loan Rp. 3.67 trilion

Asian Development Bank (ADB) has been planning to giving the loan for Indonesia till Rp. 3.67 trilion or equivalent with US$ 400 million. It should be used by our government to increasing the healthy service and education for poor families in Indonesia.  This loan program priority are using for the children and womans from the poor [...]

Sri Mulyani gets award from MURI

Sri Mulyani will gets award from Indonesia Museum of Record (MURI). Since our country gets the freedom in 1945, Sri Mulyani is the first ladys of Finance Minister in Indonesia.   Until now we have 25 Finance Minister already, they are Mr. AA Maramis, Mr. Sunarjo Kolopaking, Mr. Surachman Tjokrodisurjo, Mr. Syafruddin Prawiranegara, Mr. Lukman Hakim, [...]

Average of Capital Adequacy Ratio (CAR) our banking sector currently more than 20 percent

On August 2007, banking sector has increasing they distribution credit facility for their consument till more than 20 percent. This condition will be good influence for our real sector too, and so it will be increasing our economic growth for entirely.  Non Performing Loan (NPL) on banking sector currently has been still cover with Capital Adequacy [...]

BRI will giving the personal loan facility for our labour in overseas

Bank Rakyat Indonesia (BRI) will be offer an interest rate about 14 percent to giving the personal loan facility for Indonesian labour skilled who has been trained by labour agency and government before running their job activities to the company in overseas. BRI will be partnership with the agency to coordinate this personal loan facility, [...]

BRI will financing credit for apartment ownership

The increasing of property sector, especially for apartment in Indonesia currently makes Bank Rakyat Indonesia (BRI) interest to financing credit for apartment ownership. For this time, BRI just giving the financing to credit for house ownership. For the first time, BRI has joint with Pikko Group to realize their interest to financing the apartment ownership. There [...]

Overseas interest rate still lower than domestic interest rate

The new data from Finance Minister Department said that since January till May 2007 the growth of mulfinance loan from overseas has been higher than mulfinance loan in domestic. This condition are happen because of overseas interest rate lower than domestic interest rate. Currently, total multifinance’s loan from overseas are about Rp. 33 bilion or increase [...]

Depreciation of Rupiah just for temporary

Miranda S. Goeltom, Deputy Senior of Central Bank said that until this time we still using the “Floating Exchange Rate” for our currency system, it is mean that we can not avoid the fluctuatif rate in rupiah currently.  On this Friday, 27/07/07 rupiah has depreciate from USD till Rp. 9.205,-/ 9.210 per US dollar, while on [...]

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