Bank Indonesia

PT PLN receives funding from World Bank

PT PLN receives funding from World Bank

The Bogor – PT PLN (Persero) will receive funding from World Bank amounting to U.S. $ 600 million for the construction of hydroelectric power (hydropower) Upper page Next page with a capacity of 1024 Megawatts (MW). The signing of the loan will be implemented this year as well.

“Loan was approximately U.S. $ 600 million from the World Bank. It would be signed this year,” explained Director of Planning and Technology PLN, Nasri Sebayang on the sidelines of the working visit of Minister of Energy Darwin Zahedy Saleh to MHP Cikatomas Kiarapandak Village, Sukajaya District, Bogor Regency , Wednesday (07/28/2010).
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Government wealth increased by Rp 63 Trillion

Government wealth increased by Rp 63 Trillion

Jakarta – Throughout the year 2009, the total wealth of the Indonesian government increased to Rp 63 trillion to Rp 441 trillion. Wealth is obtained from the difference between an asset to liability or government debt.

Director General of the State Perbendahaaran Kemenkeu Herry Purnomo said the government in 2009 total assets reached USD 2122.89 trillion, while liabilities or the value of government debt reached USD 1681.71 trillion. Difference in both amount to Rp 441 trillion, which became surplus government property until the end of 2009.
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Undisbursed Loan Allocation BNI Reaches USD 25 Trillion

Undisbursed Loan Allocation BNI Reaches USD 25 Trillion

Jakarta – PT Bank Negara Indonesia (BNI) posted a undisbursed portion of loans (undisbursed loan) by the Company until the first half of 2010 reached Rp 25 trillion. Infrastructure sector enough to take portions, because it is still tersendatnya infrastructure projects such as highway construction, power generation, plantations and others.

“Undisbursed loan USD 25 trilunan per semester one,” said BNI President Director Gatot Suwondo sidelines when the Large Family Gatherings BNI Go Green Campaign and National Monument in Jakarta, Sunday (11/07/2010).
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Bakrie Life Customers Hoping To See Bakrie

Bakrie Life Customers Hoping To See Bakrie

Jakarta – Customer Diamond Life Insurance Investa PT Bakrie (Bakrie Life) hope to meet the owner of Bakrie Group Bakrie and Bakrie Capital Indonesia (BCI) Nirwan Bakrie. This is done to discuss the fate of the Investa Diamond customers hanging.

This was conveyed by the Coordinating Team Rescue Fund Returns Customer (TP2DN) Bakrie Life via electronic mail received detikFinance in Jakarta, Friday (9/7/2010).

“Customers expect to meet with Mr. Nirwan Bakrie, Bakrie or to discuss the fate of the Customer Investa Diamond BL. Customers need assurance that their funds will be saved when paid. Because until now it did not clear the payment time,” said TP2DN.
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BTN Optimist Loan Growth Reaches 30% in 2010

BTN Optimist  Loan Growth Reaches 30% in 2010

Jakarta – State Savings Bank Tbk (BTN) successfully recorded up to 27% loan growth up to June 2010. The Company is optimistic target of 30% loan until the end of the year must be exceeded.

Thus expressed by Vice President Director of Bank BTN Evi Firmansyah when met after the show Banking Awards 2010 at the WTC Building, Sudirman, Thursday night (07/07/2010).

“Loans grew well in the first half of 2010, growth reached 27% year on year. With this we are optimistic the target of 28% -30% credit will be exceeded,” said Evi.

To support its expansion in the second half of 2010, Evi says BTN will reinstate the Collective Investment Contract, Asset-Backed Securities (KIK-EBA), Volume III in the near future.

“Currently in the middle of the process of Bapepam-LK, we planned to be issued amounting to Rp 750 billion-USD 1 trillion,” said Evi.

He said the securitization of assets such as ABS CIC has become an alternative source of corporate funding, in addition to the issuance of bonds and third party funds (TPF). However, gains from asset securitization is a fixed interest rate, unlike the DPK. Previously, the BTN has to securitize assets through collective investment contract schemes (KIK) ABS last year as much as Rp 500 billion.

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Inflation In 2010 Penetrate The Level of 5.8%

Inflation In 2010 Penetrate The Level of 5.8%

Jakarta – Inflation rate in 2010 is projected to penetrate the level of 5.8% or about 0.5% above the inflation target in an APBN-P 2010, which amounted to 5.3%.

This increase in inflation triggered by rising food prices.

Business Economics Research of PT Bank CIMB Niaga Tbk recorded an increase in inflation (year on year) have occurred in June 2010 which has reached 5.05%. Whereas the previous month’s inflation was recorded in May 2010 only 4.16%.
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Executive Bank Come Out of BI Intensive Supervision

Executive Bank Come Out of BI Intensive Supervision

Jakarta – Bank Indonesia (BI) challenges Tbk PT Bank Executive (Executive) has fulfilled its commitment to reduce the ratio of problematic loans (NPLs). Bank Executive has now come out of intensive supervision of the central bank.

“Bank Executive’s safe now, was out of intensive supervision,” said Deputy Governor of Bank Indonesia S. Budi Rochadi when talking with detikFinance on the sidelines of the 57th Anniversary of BI in the building of Bank Indonesia, Jakarta, Thursday (07/01/2010).
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Asian Communities Economic Not Felt Crisis

Asian Communities Economic Not Felt Crisis

Jakarta – Asia Pacific Consumers believe the world economy has really recovered from the recession in 2008 and the global crisis. As many as 65 percent of Asia Pacific consumers say that their country was not in crisis.

According to Executive Director of Consumer Research Nielsen Company Indonesia Catherine Eddy, although on average the Asia-Pacific consumers more optimistic, the Koreans and Japanese think their country is in crisis (respectively 77% and 76%).
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