J Trust Co. Ltd Become a Public Company

Seeing the development of stock markets in Indonesia where the Composite Index could break the 5,000, J Trust no intention of becoming a private company. Investors from Japan, J Trust Co. Ltd. (A Trust) still plans to become a public company, although currently owns 99% of PT Bank Mutiara Tbk.

BI asked banks to Meet Liquidity of the Money Market

Bank of Indonesia (BI) decides to raise interest rates Lending Facility by 50 basis points (bps). Similarly, banks are expected to meet the shortage of liquidity through the financial markets before knocking on the door of the central bank loans. "Lending Facility interest rates rose by 50 bps to 8%, and interest rates Deposit Facility remains at 5.75%," said the central bank governor Agustin DW Martowardojo, in the Bank Building, Jakarta, Tuesday, November 18, 2014.

Facilitation SOR, BCA Hopes Total Customer Increasing

BCA supports this effort is in line with the desire to multiply the number of investors in the Indonesian capital market. PT Bank Central Asia Tbk (BCA) welcomed the development of e-channels for SOR Facility (Securities Ownership Reference). It is hoped that this cooperation can increase the amount of capital market investors, including the impact to increase the amount of BCA customers.

MNC Bank Targets IDR 40 Billion Profit Next Year

The company is optimistic targets launched next year can be realized as a business supported a very large MNC group, includes three pillars, namely the media business, financial services and property. MNC PT Bank Internasional Tbk (MNC Bank) is currently clean up in order to improve performance in 2015. Bank ICB Bumiputera previously named this set of business growth by 30% in the next year.

BCA and American Express Create New Business Opportunities

The presence of American Express will also complement a variety of other payment products in the EDC BCA like BCA Card, Debit BCA, Flazz, Visa, MasterCard, JCB, UnionPay, and Prima Debit. PT Bank Central Asia Tbk (BCA) has been working with American Express, in order to make the company as the acquirer for American Express card in Indonesia. This partnership will provide business opportunities in Indonesia with global access owned by American Express through more than 100 million users of American Express cards.

Garuda Indonesia Citi Credit Card Relaunched

Garuda Indonesia Citi Credit Card was first introduced in 2006, and is now back with the additional benefits and advantages. Citi Indonesia and PT Garuda Indonesia Tbk launched cooperation with Garuda Indonesia Citi Credit Card with the added benefit of a fairly special. Some of the additional benefits provided there was expected to increase the customer satisfaction.

BCA Life Targeting 12 Million BCA Customers

Potential businesses owned BCA Life is still very wide. For starters, BCA Life is expected to work on the business of the customer that is owned by the BCA. PT Bank Central Asia Tbk (BCA) hopes that its subsidiary, PT Bank Life Insurance (Life BCA), can work on the business of a number of clients who owned BCA reach 12 million customers. To work it, no doubt take time and be done gradually.

About Consolidation, Banks Must See Market Target

Through the consolidation of national banks are expected to have the same market share targets, are no longer competing against each other closely.Referral national banking regulators in order to consolidate assessed Indonesian Bankers Association  that banks should first look at the needs of the targeted market share. "We have to look at the target market needs in common. For example, we see between Bank Mandiri and BRI, their market target at the most logical to consolidate, "said Chairman of Indonesian Bankers Association, Zulkifli Zaini, when met at the SMESCO Building, Jakarta, Tuesday, October 4, 2014.