Permata Bank is Targeting Wholesale Loans Growing 15%

Bank Indonesia's statement asking the banking industry to curb credit growth, Permata Bank only set a target of 15% of wholesale loans in 2014.

Adira Finance Ready to Issue Bonds Rp 4 Trillion

To achieve the target of 10 % growth financing, Adira Finance will issue bonds in the first semester and second semester of 2014.  PT Adira Finance Tbk plans to issue bonds worth Rp 4 trillion. The plan is to sustain the target vehicle financing grew by 10 % in 2014.

Sinar Mas Sells Simas Sehat Income by Online

To boost revenues from premium payments in health insuranc, especially products Simas Sehat Income, ASM will sell these products with online. PT Asuransi Sinar Mas ( ASM ) note , health insurance contributions, the total premium in the can by 20 %. Hopefully, health insurance contributions would be even better with the products Simas Sehat Income. Distribution will be encouraged in order to gain better health insurance premiums.

Bank Signs 38 Mini MRA Again

With the increasing number of bank-related Mini MRA (Master Repurchase Agreement), then participation banks also more spacious and has represented the entire group of banks Book I to Book IV. Bank of Indonesia (BI) to facilitate the deal with miniature MRA signatories ( Master Repurchase Agreement ) phase II by 38 banks. BI Governor Agus Martowardojo explained, Mini MRA signatories had previously been done by 8 banks pioneers conducted on December 18, 2013 ago .

Erroneous Government Policy Trigger Surge NPL

Policy issued by the Government is expected not to make the company become jammed in the pay of bank credit . Although generally  the level of non-performing loans (NPL) of national banks in 2014 is still in the safe corridor. However, the wrong policies of the government will be the main drivers of the increase in bad loans.

High Installment Rate, Lower Class People Reluctant to Take Housing Credit

Installment rate, which did not yet be reached, by the middle of society, making people re-think for a Housing Credit ( KPR). Housing Ministry data quotes that are still suffering from a shortage of homes (backlog ) of around 15 million units given the growing need for new homes per year with a total of 800 thousand units.

Standard Chartered Launches Bancassurance CI 100

Bancassurance products, namely CI 100 was launched along with the data above Standard Chartered nearly 50 % of the population in Indonesia died due to critical illness. Standard Chartered Bank Indonesia launched the latest addition to the features of bancassurance products, namely CI 100, which was developed by Aliianz Life Indonesia. Because these products in order to grow its business this year.

BI Rate Rises, TPF Banking Jumps

Growth of Third Party Funds ( TPF ) banking , annually rising from 12.3 % in November, to 13 % in December influenced interest rate hikes push mold deposit interest rate hikes. Bank of Indonesia (BI ) said total deposits in the banking community during 2013, an increase when compared with the previous year. Thus, the money supply to keep inflation declined fit the mold interest rate policy (BI rate) rises.