DP Vehicle Loans Decrease 20%

In order to ease the consumers in terms of advances and encourage bank credit, Bank Indonesia lowered the down payment so Vehicle Loans 20%. Bank Indonesia (BI) claims, in addition to loosening the rules of the Loan to Value (LTV) or the ratio of Financing to Value (FTV) for property loans, the central bank also lowered the down payment (Down Payment / DP) for Vehicle Loans .

Stock Market Capitalization BCA IDR 344,76 trillion

BBCA position taped tight PT Unilever Indonesia Tbk (UNVR) with a market capitalization of IDR 330,37 trillion. Indonesia Stock Exchange (IDX) notes, stock market capitalization of PT Bank Central Asia Tbk (BBCA) up to May 2015 amounted to IDR 344,76 trillion. The amount is up from the period of April were only recorded IDR 328,90 trillion.

Citing statistical data exchange, Tuesday, June 16, 2015, BBCA position taped tight PT Unilever Indonesia Tbk (UNVR) with capitalization worth IDR 330,37 trillion, and followed by PT HM Sampoerna Tbk (HMSP) in the third position of IDR 317,76 trillion.

While the four and five positions filled by PT Astra International Tbk (ASSI) with a market value of IDR 295,52 trillion and PT Bank Rakyat Indonesia (BBRI) with a market capitalization of IDR 287,57 trillion.

The position of six to ten existing PT Telecommunications Indonesia (TLKM) of IDR 286,77 trillion, PT Bank Mandiri Tbk (BMRI) IDR 248,90 trillion, PT Bank Negara Indonesia Tbk (BBNI) IDR 126,92 trillion, PT Perusahaan Gas Negara (PGN ) IDR 104,11 trillion and PT Gudang Garam Tbk (GGRM) IDR 90,62 trillion.

BRI Presents Sentra Service for the Customer Priorities

Number of customers, BRI Priority, BRI Jakarta Regional Office 3, per May 2015 has reached 2,500 clients with funds under management of more than USD 2.8 trillion. PT Bank Rakyat Indonesia (Persero) Tbk (BRI) re-open the Priority Service Centers (PSC), the office for a rich client that is located in Bumi Serpong Damai (BSD) on Monday (15/06).

NPL makes Bank Lowering Target Credit

Credit growth is still needed to promote national economic growth. Chief Executive Banking Supervisors Financial Services Authority (FSA), Nelson Tampubolon urged banks to remain cautious in lending. But he also warned banks not to be afraid to extend credit. "There are some banks that said chances are they will look back and they may revise, and that I think is fine. Just before I say no revision because of fear so, but the element of prudence necessary, "Nelson said in Jakarta, Wednesday, June 10, 2015. According to him, there are some banks are already discussing plans yes revised targets this year, is generally a Regional Development Bank (BPD).

Muamalat Provides Financing to BESS Finance

In order to increase the exposure of financing the consumer and corporate segments, Bank Muamalat provide financing facility to BESS Finance. PT Bank Muamalat Indonesia (Bank Muamalat) signed a cooperation agreement with PT heralds Sinergies Finance (BESS Finance) associated with extended financing facility from Bank Muamalat to BESS Finance.

In the agreement, Bank Muamalat provide financing facilities amounting to IDR 200 billion to BESS Finance. Given the finance portfolio Muamalat bank BESS Finance planned to be used as working capital to finance consumer.

Retail Banking Director of Bank Muamalat, Adrian A. Gunadi said loan disbursement scheme covers a period of 36 months including the disbursement of allowances to attract over 12 months with each withdrawal up to a maximum of 24 months.

According to him, the distribution of this funding will also increase the exposure of Bank Muamalat financing, especially in the consumer and corporate segments. Besides this financing is expected to increase interest in more walks of life to be able to transact sharia.

"Cooperation with the BESS Finance will complete spectrum of Bank Muamalat for the public service, in addition to the risks faced financing will be more diversified," added Adrian.

Financing Infrastructure, the FSA Open Opportunities For Foreign

In order to accelerate infrastructure development projects, the FSA opens opportunities for foreign banks to participate. The government is encouraging the development of infrastructure projects that aim to be able to boost national economic growth better. Therefore, it takes an important role for the financial industry, especially banks to participate finance the project. So far, national banks had already participated in the development of the country infrastructure through lending in the sector. However, the government itself is still entirely dependent on the state-owned banks (SOE) to obtain financing in the construction project.

BRI Provides One Stop Service For BKN

BRI and BKN signed a Cooperation Agreement on Provision of Banking Services Employee Payroll, Employee Benefits, and Other Banking Transactions today Monday, June 1, 2015. PT Bank Rakyat Indonesia (Persero) Tbk (BRI) TOTAL LIABILITY provide financial services to the State Personnel Board ( BKN), one of which provides payroll services to all employees of the National Civil Service Agency (BKN).