Commonwealth Bank Offer Credit Through Mobilephone Applications

PT Commonwealth Bank Indonesia has launched BizLoan. With this application, customers Commonwealth enables its customers to get a loan without collateral without the need to come to the bank.

Executive Vice President Head of Channel and Digital Business Commonwealth Bank, Donny Prasetya mention that this application is based smart mobile applications designed for Micro Small and Medium Enterprises in applying for a loan of up to USD 500 million. Flowers are also offered competitive thinks that 1.3% for a period of 3 years.

"This application can be downloaded for free in the AppStore and Google Play," said Donny in BizLoan launch in SME Tower, Jakarta, Tuesday, March 31, 2015.

According to Donny, a lot of Micro Small and Medium Enterprises which have had a compelling business opportunity and could be financed by banks. Even so, many of them are yet to be financed by banks for a variety of things. Therefore, they are reluctant to come to the bank be able to download this application and apply for a loan without the need to bring a copy to the requirements of the bank.

"We did not join the program initiated by the intelligent behavior of the FSA, customers segment is not appropriate. But this is the way we participate in branchless banking program, "he added referring to a program without a branch bank recently launched the FSA.

Currently, this BizLoan program while only valid in Jakarta, Bogor, Depok, Tangerang, Bekasi, the article, after charging the customer application requirements, Commonwealth Bank representatives will visit the Micro Small and Medium Enterprises is. However, Donny does not rule out the possibility that in the future, this program can be used by the Micro Small and Medium Enterprises in Indonesia.

Government Distributes Credit Through BPD

BPD involves the government, to support productive lending. Credit is designed to complement the People's Business Credit. Deputy Finance Ministry of Cooperatives and Small and Medium Enterprises, Choirul Jamhari stated the Ministry of Cooperatives and Small and Medium Enterprises will involve the Regional Development Bank (BPD) in a productive business loan program.

"It will be launched productive business loans, to complement the People's Business Credit, the existence of this productive business credit hopefully be a contributor to increasing financial inclusion, this will involve BPD throughout Indonesia," he said in a National Seminar BPD throughout Indonesia with the theme "Support Asbanda Towards Transformation Program BPD Regional Champion "in Jakarta, Wednesday, March 25, 2015.

Products for the micro segemn said, would ease the process of know your customer or client identification process because it involves government officials from district to village level. By involving the government apparatus according debtor information system will be concrete and legitimate. Then the data collected by the officials of the Village to the District can be followed up by the BPD.

The program has been launched, but he thinks the new Holy. Microcredit was pegged at 0.95% interest and tenor of 5 years.

Chairman Asbanda, Eko Budiwiyono said Asbanda really want to make credit products together. The preparation of these products together is one step in the transformation of BPD as a regional champion.

"For example, if you have a product development, the product also for the whole BPD, so with its IT platform, the same product development, procurement is also more efficient maybe we can do together, so there is a strategic process of holding, so truly holistic and efficient," Eko said

Aggressive Target of Yudha Bhakti Bank

Amid economic uncertainties Bank of Yudha Bhakti optimistic to reach the target mounted in 2015. The Bank is targeting earnings grew 170%. PT Bank Yudha Bhakti, Tbk (BBYB) target profit in 2015 amounted to Rp48 billion, a rise of up to 170% when compared to earnings in 2014 which amounted to Rp17,093 billion (unaudited).

According to the Director of Compliance of PT Bank Yudha Bhakti, Lim Wardiman, the significant growth of the company's profit is also accompanied by a rise in corporate lending which is targeted to grow by about 33% in 2015. This target is lower when compared to credit growth in the previous year grew 35 %.

"With our new Director will boost commercial credit. As of June 2016 the composition was 55% earning credits, (for) BOOK I should rest another. The present composition of the production range of 20% -30%, the rest of consumption, "Lim said in Jakarta, Tuesday, March 24, 2015.

Although in 2015 the national economy are uncertain, the company is optimistic all the target will be achieved. "It's a bit heavy with the current conditions, there is also the effect of weakening rupiah impacting slowdown in certain sectors. But the pension credit tetep road, "he said.

As for non-performing loans (non-performing loans / NPL) further Lim, the company targets can NPL in press under 2%. "This year we NPL approximately 1% late lah. Strategy, we're currently developing credit no comparable increase, of billing division will also be increased further, "he concluded.

CAR is Safe, Mandiri Bank Continues Expansion

PT Bank of Mandiri (Persero) Tbk believes the level of capital adequacy (capital adequacy ratio / CAR) throughout 2015 remained at a safe level, despite continued expansion. Until the end of 2015, the CAR is estimated at the level of 16.2%.

Finance Director of Bank of Mandiri, Pahala N Mansury, said that so far the CAR of Mandiri Bank level was at 16.6%. This figure is safe for the Bank to expand. In fact, these numbers will not be significantly down throughout 2015.

"If until the end of this year, with the new FSA rules in which profits directly at the beginning of the current year is calculated as the CAR, hopefully later this year (CAR can reach) 16.2%," said Pahala, on Monday, 16 in March 2015.

Pahala said, although this time the General Meeting of Shareholders (AGM) decided to divide the dividend by 25% of the net profit in 2014 then or equal IDR 4,97 trillion, it still could have a capital adequacy at the level of 16.5%.

"Taking into account the company's expansion this year, the capital adequacy ratio is projected to be reduced by about 0.2% to 0.3%", clearly Pahala.

Meanwhile, on the same occasion, Director of Independent Budi Gunadi Sadikin, say, in the future the Bank will maintain credit quality, although the level of problem loans (non-performing loans / NPL) the company is still considered good when compared with the condition in 2008 in which the NPL penetrate 3%.

"Self comfortable with the current NPL. NPL we are now the lowest in history. We're pretty sure NPL provisioning can be maintained because we are many, we hold above 200%, it shows our conservatism, "added Budi.

CIMB Group Achieves Net Profit RM3,107 Billion

CIMB Niaga's contribution to CIMB Group is also affected by the impact of the depreciation of the rupiah to 8.9% (on average) over the same period the previous year. CIMB Group Holdings Berhad (CIMB Group or the Group) recorded a net profit of fiscal year 2014 (FY14) amounted to RM3,107 billion, equivalent to earnings per share (EPS) of 37.5 cents worth. Outside the acquisition is not routine in FY14 and FY13, net income The Group's Business As Usual (BAU) in FY14 decreased by 24.6% year on year (YoY). Return on equity (ROE) net annualized 9.2% for FY14.