Mandiri Bank Support BI about Banking Law Plan

PT Bank Mandiri Tbk pleaded agree on the proposed Bank Indonesia (BI) associated with the Plan Law (Bill) Banking is expected to be discussed first before being confirmed by the House of Representatives of the Republic of Indonesia (DPR-RI).

BCA Holds Homeownership Interest Rates 9% -11.5% Until End of Year

Although government policies related to the decision to increase fuel oil (BBM) there is no certainty, PT Bank Central Asia Tbk (BCA) claimed, until this year it has not been willing to raise interest rates mortgage. BCA president director Jahja Setiaatmadja say, at least until the end of this year the average mortgage rates BCA is in the range of 9% -11.5%. "We do not raise the first while until November, December, we look at the situation first fore. Mortgage interest average of 9 to 11.5% which is a fixed rate of 9% -9.5% and 11.5% were floating, "he said, in JCC Senayan, Jakarta, Thursday, August 28, 2014

Bank Mandiri, BNI and Muamalat Receive Award from Alpha Southeast Asia

PT Bank Mandiri (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk (BNI) and PT Bank Muamalat Tbk scale attained awards from Alpha Southeast Asia Southeast Asia, economics and business magazine based in Hong Kong.

Bank Joint Venture of 3 SOEs, Will Operate Early 2015

Sinar Harapan Bali (Bank Sinar) which will be a joint bank three companies, which is expected to be fully operational in early 2015 As the three companies namely Bank Mandiri, Pos Indonesia and TASPEN.  "Insha Allah (God willing), within 1-2 months or early January can be operated," said Director of PT Pos Indonesia, Budi Setiawan, when met after the signing of the realization of the establishment of the joint venture bank in TASPEN Building, Jakarta, Thursday, August 21, 2014.

Mandiri Bank's Consumer Credit Rely Car Loans and CWC

T Bank Mandiri (Persero) Tbk claim will consumer credit growth was driven auto loans or commonly called car loans, and credit without collateral or CWC. This is in line with the slowdown in the demand for credit (mortgage).

Three State-Owned Banks form EDC Link

To improve the ease and comfort of a merchant in a payment transaction, the three state-owned banks, namely PT Bank Negara Indonesia Tbk (BNI), PT Bank Rakyat Indonesia Tbk (BRI), and PT Bank Mandiri Tbk have agreed to run the EDC initiative links, namely the use of a single EDC acquiring bank for 3 at once.

NPL Banking growth 0.12% in June 2014

Deputy Commissioner IB Strategic Management Financial Services Authority (FSA) Lucky FA Hadibrata admitted, bank liquidity is still sufficient so far to anticipate the potential withdrawal of Third Party Funds (TPF). "The condition of financial institutions in general and liquidity risk show that liquidity is sufficient to anticipate the potential withdrawal of deposits," he said, in Djojohadikusomo Soemitro Building, Jakarta, Friday, August 15, 2014.

BCA Decreases Interest Rate of Deposits Above a Nominal 25 Billion

PT Bank Central Asia (BCA) Tbk claimed, since August 1, 2014, has decreased interest rates for time deposits with deposits above a nominal 25 billion from 9.25% to 9%. This statement was delivered by BCA President, Jahja Setiaatmadja,  after Halal Bihalal between the Indonesian Bankers Association (IBI) and Perbanas, at the Financial Club Graha CIMB Niaga, Jakarta, Wednesday, August 13, 2014.

Pursue Microcredit Rp39 trillion, Mandiri Bank Keeps NPL in 3%

PT Bank Mandiri (Persero) Tbk peg the growth of micro loans outstanding amounted to Rp39 trillion at the end of this year, growth in the range of 28-30% in a year's. In terms of credit quality of non-performing loans (NPL) will be maintained at the level of 3%.

Top Banks in BUKU 4

Infobank Research Bureau notes the four major banks that fall into the category of BUKU 4 They include BCA, BRI, Bank Mandiri and BNI. Following their performance.

Elected as CEO of Wing Hang Bank, Na Wu Beng Resigns from OCBC NISP

After 10 years, serving in PT Bank OCBC NISP Tbk (OCBC NISP), Na Wu Beng, who currently serves as the Vice President will resign from his position due to elected as CEO of Wing Hang Bank.
"All the management and employees of Bank OCBC NISP expressed gratitude and highest appreciation for all the contributions, efforts and hard work of a very consistently and wholeheartedly for duty in Bank OCBC NISP, hopefully new successes can be found at the new place," said President and CEO of Bank OCBC NISP Surjaudaja Parwati, in a farewell speech Na Wu Beng, in Jakarta, Monday, August 4, 2014.