BTN made a net profit of Rp490 billion in 2009

Monday, March 15th, 2010

BTN made a net profit of Rp490 billion in 2009 PT Bank Tabungan Negara (BTN) made a net profit of Rp490 billion in 2009, which is up from Rp430 billion in 2008.In 2009 BTN booked Rp58.5 trillion in assets growing 30.06 percent from 2008`s assets of Rp44.9 trillion. Its total credits ...

BPK finds nine violations in Bank Century finances

Thursday, December 17th, 2009

The State Audit Board (BPK) has found at least nine alleged violations in its investigative audit on Bank Century finances, BPK member Hasan Basri said. "With the findings of nine alleged violations, we have concluded that Bank Indonesia (BI/the central bank) did not give complete and comprehensive data to the finance ...

PPATK Submits Transaction Analysis of Century Case

Thursday, December 17th, 2009

The Financial Transaction Analysis and Report Center (PPATK) submitted the suspicious financial transaction analysis of Century Bank customers to the House of Rep.'s Century Bank inquiry special committee, Thursday. The data was given in a sealed envelope was confidential based on the Supreme Court Ruling No. 148/MKA/XII/2009, dated December 14, 2009. ...

When It’s Easy to Get Credit Cards in Indonesia

Wednesday, November 11th, 2009

The value of stagnant credit or non-performing loan (NPL) for credit cards is still high. Based on the Indonesian Banking Statistics (SPI), the value of credit card NPL per September 2009 is Rp. 2.95 trillion, or 8.7 percent of the total outstanding credit that reaches Rp 33.63 trillion. Since July ...

Demand for cash to rise ahead of holiday

Saturday, September 5th, 2009

Demand for cash to rise ahead of holiday Bank Indonesia predicts demand for cash will increase 160 percent reaching Rp54.2 trillion ahead of the post-Islamic fasting month holiday of Lebaran. The central bank`s deputy governor, Budi Rochadi, said at a press conference here on Friday the cash demand would consist of Rp49/5 ...

IMF: World Lost 4 Trillion Dollar

Wednesday, April 22nd, 2009

The International Monetary Fund, on Tuesday (21 / 4) in Washington, estimates the loss due to global financial crisis. The number increased to more than four trillion U.S. dollars because of the increased credit problems in the U.S. banking sector housing. The International Monetary Fund (IMF) estimates the total cost of ...

The decline BI Rate will push up the DPK of Bank Syariah

Monday, April 6th, 2009

The decline in interest rates reference Bank Indonesia (BI Rate) will push up the position of third party funds (DPK) Syariah Banks. BI predicts there will be a migration of funds from conventional bank to Syariah Bank.

BRI spend Rp 10.5 Trillion for Loan

Sunday, February 15th, 2009

JAKARTA, FRIDAY - When banks began to decrease tap other credit, PT BRI Tbk still provides loan incentive. Especially for a company State Owned (BUMN) only, BRI provides facilities to Rp 10.5 trillion.