Wednesday, June 11, 2014

10 Biggest Profit Earner Banks in Indonesia

National banks pocketed the profit for 2013 amounted to Rp13, 88 trillion or grew 14.95% to Rp106, 71 trillion from Rp92, 83 trillion in the same period of 2012. Banks net profit was driven by an increase in interest income of 17.10% or become Rp458, 19 trillion and rising non-interest operating income of approximately 11.23% to Rp139, 66 trillion. Here are 10 banks that managed to score the biggest profit for financial performance in 2013. Who are they? 
BANK Rakyat Indonesia (BRI) listed as the bank with the highest profit throughout 2013, with a market share of 20%. Bank which led by Sofyan Basir as the main director, bagged consolidated profit amounted to Rp21, 35 trillion, growing 14.27% from the same period the previous year. Meanwhile, BRI profit reached Rp 21.16 trillion or an increase of 14.25% from the acquisition in December 2012.

This year, BRI will likely be more careful in doing business. Economic conditions still unstable making banking businesses in the country, including BRI, brakes business. This year only BRI credit growth target at 15% -17%. That means, there is the possibility of a plucked profit BRI will also shrink. BRI will only set a target profit growth at 10% to 12% until the end of 2014.

GROWTH loan portfolio reached 21.5% at the end of 2013 managed to boost its profit gains. The consolidated profit of bank which led by Budi G. Sadikin as chief executive reached Rp 18.83 trillion or an increase of 17.37% from the same period of 2012. Meanwhile, the non-consolidated profit of the bank stood at Rp 17.21 trillion, or 20, 35% compared to the end of December 2012.

Bank profit growth throughout 2013, the subsidiary profits reached Rp 2 trillion. The bank does have several subsidiaries, which serve both conventional and Islamic financial services, capital markets services, insurance, and finance companies. This year the bank completes its subsidiaries in the insurance business, by acquiring shares Inhealth, by 80%.

BANK Central Asia (BCA) is still the winner among national private banks, on the achievement of business profits. As of September 2013, the bank is also known as the transactional champion, posted a profit of Rp 10.06 trillion, up 18.71% from September the previous year's Rp 8.47 trillion.

Thickened bank profits, which is affiliated with the Djarum Group, one of which is supported by net interest income increased 25.48% to Rp 17.96 trillion from Rp 14.31 trillion in September 2012. Increase in net interest income due to the swift disbursement of credit BCA to customers.

John Setiaatmadja, Director of BCA, said that 2014 will be an exciting year for the BCA business. Because, in the Year of the Wooden Horse will be a number of challenges that must be passed, as inflation is expected to remain high and interest rates are still likely to rise. "In the midst of economic challenges, we remain optimistic," he said.

WITH a non-profit bank consolidation amounting to Rp 8.88 trillion, Bank Negara Indonesia (BNI) is ranked as the fourth most profitable bank until the end of December 2013. Obtaining the profit increased 30.77% compared with the same period the previous year of Rp 6.79 trillion.

According to Gatot M. Suwondo, Director of BNI, BNI increased earnings, of which is driven by the growing loan portfolio and asset management are more prudent and efficient. "(The result), operating income rose significantly," said Billy.

In the first nine months during 2013 BNI recorded Rp 224.31 trillion to disburse loans. Total loans grew 26.13% compared to the same period the previous year which amounted to Rp 177.84 trillion. Until the end of 2013, the bank's performance bearing 46 is also becoming charming. The proof, until last December, BNI consolidated profit grew thicker, namely to Rp 9.05 trillion, a growth of 28.51% in December 2012 the profit of Rp 7.04 trillion.

PRESSURE net interest margin (NIM) continuing into the cause of "flatness" of Bank CIMB Niaga's performance throughout 2013. Practically, the bank is majority owned by CIMB Group is only able to carve an increase in consolidated net profit (audited) of 1% to Rp 4.28 trillion from the previous year's Rp 4.23 trillion.

Bank CIMB Niaga profit growth driven by growth in net interest income by 4% year on year (yoy) to Rp 10.12 trillion and non-interest income growth of 8% (yoy). Earning per share (EPS) was increased to Rp 170.40 compared to the same period in 2012 which was Rp 168.44.

According to Arwin Rasyid, President Director of Bank CIMB Niaga, CIMB Niaga Bank's performance that tends to be flat in 2013 in line with the implementation of the growth strategy that emphasizes credit the precautionary principle since 2013. "In these conditions, we will continue to invest in developing infrastructure and improving the banking system us to support the next phase of our growth, "said Arwin Rasyid.

YEAR 2013 be the year full of challenges for national banks. In the middle of macro-economic fluctuations which result in lower purchasing power, the banking industry faced with rising interest rates and tightening liquidity. It also makes the performance of many banks is not as bright as before..

The situation was faced by Bank Danamon. However, the bank which is led by chief executive Henry Ho is quite fortunate for being able to foster a profit of up to Rp2, 96 trillion in December 2013. Compared with the Bank's earnings in 2012 were Rp 3, 25 trillion, the bank's profit at the end of 2013 decreased approximately 8 , 74%. Meanwhile, the achievement of consolidated earnings grew by 1.02% to Rp 4, 16 trillion. Bank's profit supported by credit growth. "Last year there was an increase in the quality of assets, NPL (non performing loans) fell, thereby contributing to profitability," said Henry Ho in the Bank's exposure to performance.

Bank Tabungan Pensiunan Nasional (BTPN) rely on micro and small segments as the main pillar of its business throughout 2013. Not just banks give access to the micro and small and disadvantaged communities productive, BPTN also provide training and mentoring. This strategy is also to be implementation in 2014.

The Bank's strategy gets the result. Amid tight liquidity and micro market saturation, the bank still managed to reap profits. As of December 2013, the Bank recorded a net profit after tax of Rp 2.13 trillion or an increase of 8% compared to the same period of 2012 which reached Rp 1.98 trillion.

"The success of the Bank could not be separated from the company's strategy that combines business and social mission mission in products and services as well as day-to-day activities," said Ariel Harris, Finance Director of the Bank, while exposure to the performance of 2013.

The synergy between business mission and social mission that is reflected in the training and mentoring program that is scalable and sustainable for all customers of the Bank, which consist of pensioners, micro and small entrepreneurs, as well as productive disadvantaged communities. Business mission and social mission is an integral and inseparable.

8. PaninBank
Panin Bank still listed itself as one of the top banks in the country. See, until September 2013, armed with assets Rp144, 39 trillion, the bank which is led by Rostian Sjamsudin, is occupying the seventh largest bank in terms of assets.

Panin Bank recorded net income of non-consolidated in the third quarter of 2013 amounted to Rp1, 59 trillion. The net profit was up 10.07% compared with the same period the previous year which amounted to Rp 1.44 trillion. As a result, Panin Bank perched in eighth largest bank by profit, overshadowing the National Savings Bank (the Bank). Meanwhile, for the consolidated profit, backed by its subsidiary, Bank Panin Syariah, Clipan Finance Indonesia, and Verena Multi Finance, the bank successfully profit of Rp 1.93 trillion, a growth of 3.75%.

Net income for the first bank to go public in Indonesia is sourced from operational revenue of Rp 9.60 trillion, a growth of 11.35%. The operating income consists of interest income reached Rp 8.40 trillion, growing 14.48% and nonbunga revenue of Rp 1.20 trillion, up 6.60%.

FOCUS on the credit card business and continue to innovate to make Citibank Indonesia scored growth amid tight liquidity and competition. As of September 2013 Citibank Indonesia recorded a net profit after tax of Rp 1.56 trillion, an increase of 3.10% compared to the same period in 2012, which amounted to Rp 1.52 trillion.

Meanwhile, for the profit before tax during January to September 2013 Citibank posted a rate of Rp 2,091 trillion. In September 2013 the bank's demand deposits rose to Rp 22.8 trillion from Rp 22.5 trillion in the same period of 2012. His savings also increased from Rp 7.4 trillion in September 2012 to Rp 8.05 trillion in the same period of 2013. However, the trend was not followed by an increase in time deposits. In September 2013 Citibank term deposits declined to Rp 11.2 trillion from Rp 12.06 trillion in the same period of 2012.

Chief Country Officer of Citibank Indonesia, Tigor M. Siahaan, said the success of Citibank in a net profit of Rp1, 56 trillion is not separated from strategies that focus on running the company's commitment as a strategic partner in Indonesia's economic growth accelerated to continue to innovate. "We continue to innovate in providing banking solutions, which are designed according to the needs of business development and corporate efficiency improvements," said Tigor. 
Amid the general meeting approval, outstanding shareholders  over the resignation of David Fletcher as Director of the Bank, flashed good news. Bank was able to carve a net profit after tax (consolidated) amounted to Rp 1.32 trillion as of September 2013. That means there is a growth of 20.92% year on year (yoy) compared to the same period in 2012, which amounted to Rp 1.09 trillion.

Bank managed to collect a total operating income of Rp 5, 00 trillion, up 14% compared to the same period last year of Rp 4.39 trillion. The operating income driven by growth in net interest income grew 13% yoy to Rp4, 03 trillion. Revenue-based fee (fee-based) even boosted by 20% yoy to Rp 972 billion.

Loans, including Islamic finance, Permata Bank grew by 30% yoy from Rp 89.9 trillion at the end of September 2012 to Rp116, 7 billion at the end of September 2013. Loans grew in almost all business segments, including in the business of small and medium enterprises (SMEs ), loans (mortgage), and loans to local segments of corporate and middle market. Total assets of the Bank reached Rp 154.5 trillion, up 35% yoy from Rp 114.8 trillion on 30 September 2012.

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