BTN made a net profit of Rp490 billion in 2009

Monday, March 15th, 2010

BTN made a net profit of Rp490 billion in 2009 PT Bank Tabungan Negara (BTN) made a net profit of Rp490 billion in 2009, which is up from Rp430 billion in 2008.In 2009 BTN booked Rp58.5 trillion in assets growing 30.06 percent from 2008`s assets of Rp44.9 trillion. Its total credits ...

Economist: 6.5 pct BI rate only serves short-term need

Saturday, January 9th, 2010

Bank Indonesia`s decision to maintain its key rate at 6.5 percent is merely aimed at serving short-term interests, Ryan Kiryanto of state-owned Bank Negara Indonesia (BNI), said on Wednesday. There would be three reasons for the inflation rate to go up, he noted. The first one would be the impact of a ...

Asian investors interested in buying former Bank Century

Saturday, November 28th, 2009

Firdaus Djaelani, chief executive of the Deposit Insurance Agency (LPS), said several investors from Asia were seriously considering to buy Bank Mutiara or former Bank Century. "Several of them have shown serious interest and have come three times to enquire about Bank Mutiara," he said at a press conference. LPS became Bank ...

Syariah Banking assets increased

Saturday, March 14th, 2009

Syariah Banking assets increased BANDUNG, - Despite the crisis occurs, Syariah banking assets is increasing year ago. The increase in assets is estimated to still take place in 2009. In the year 2008, Syariah banking assets reached Rp 51.8 trillion or an increase of 44 percent compared to 2007. Director of the ...

BPD Aceh Targeted credit Rp268 M in 2009

Sunday, February 15th, 2009

JAKARTA - PT Bank Pembangunan Daerah (BPD) of Aceh in 2009 target the credit of Rp 268,559 billion. The distribution with the target sectors of agriculture, fisheries, home industries, trade, transportation, services, and others.

Sinarmas Bank got capital injection Rp 100 billion

Tuesday, January 27th, 2009

Jakarta - Bank Sinarmas get capital injection worth Rp 100 billion from the main business of PT Sinar Mas Multiartha Tbk (SMMA). Currently, the amount of capital paid Sinarmas Bank of Rp 275 billion and capital base Rp 500 billion. "The number of deposit additional capital does not exceed 10% of ...