CIMB Launches KPM “Smart Luxury”

Friday, November 20th, 2009

To increase the retail banking market share, PT Bank CIMB Niaga Tbk (Bank Niaga) launched the Car Ownership Loan (KPM) Smart Luxury. "This feature is the latest innovation from Bank Niaga to have a premium vehicle. In addition to the installment payment relief, this feature provides the option loan principal payment ...

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When It’s Easy to Get Credit Cards in Indonesia

Wednesday, November 11th, 2009

The value of stagnant credit or non-performing loan (NPL) for credit cards is still high. Based on the Indonesian Banking Statistics (SPI), the value of credit card NPL per September 2009 is Rp. 2.95 trillion, or 8.7 percent of the total outstanding credit that reaches Rp 33.63 trillion. Since July ...

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