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Kategori: Credit

Central Bank Increase Loan Growth

By administrator | July 20, 2018 | Credit.

Central Bank Increase Loan Growth. Banking survey conducted by the Central Bank indicates increasing loan growth in 2Q18, and stronger loan growth further in 3Q18. These conditions are indicated by rising weighted net balance (Saldo Bersih Tertimbang – SBT) on loans demand to 90.3% in 2Q18 from 75.9%, then rise to 97.6% in 3Q18. Further,.

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Central Bank: Indonesia External Debt Rise 7.6%

By administrator | July 17, 2018 | Credit.

Indonesia External Debt Rise 7.6%. As well as, Indonesia’s external debt rises 7.6% YoY to USD356.94Bn in April 2018. In addition to, Central Bank, public external debt – including government and central bank – rose to USD183.83Bn in April 2018 compared to USD167.88Bn in April 2017. This rising figure was due to government’s global bonds.

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Government: Banks Fund Freeport Stake

By administrator | July 17, 2018 | Credit.

Banks Fund Freeport Stake. As well as, Gatot Trihargo, the Deputy for Financial Services of Ministry of State-Owned Enterprises (SOEs). Furthermore, no SOE bank funded the Indonesia Asahan Aluminium (Inalum) to buy 51% stake in Freeport Indonesia (PTFI). Moreover, at least 11 foreign banks were ready to fund the takeover of Freeport shares, however, he.

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Financial Services Authority Release Fintech Regulation

By administrator | July 16, 2018 | Credit.

Financial Services Authority Release Fintech Regulation. As well as, According to Financial Services Authority (FSA), regulation to be issue will cover the financial technology industry. Furthermore, categorize into eight types of business which include asset management, crowd funding, e-cash / e-wallet, insurance, peer to peer lending, payment gateways, remittance and securities. Moreover, the various types.

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UNDP: Palm Oil Farmers Loan USD1Bn

By administrator | July 13, 2018 | Credit.

UNDP: Palm Oil Farmers Loan USD1Bn. Palm oil farmers are currently working to get USD1Bn loan from United Nations Development Program (UNDP) to develop refinery factories, maintenance, and infrastructure development. This is triggere by the low price of the fresh fruit brunches (FFB). Last, Indonesia association of palm oil farmers stated its plan to develop.

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World Bank: Indonesia LRT Project Loans

By administrator | July 13, 2018 | Credit.

World Bank: Indonesia LRT Project Loans. The World Bank is offering Indonesian government a loan to specifically fund the country’s light rail transit (LRT) developments in four major cities other than Jakarta, which are Medan, Bandung, Surabaya, and Bali. According to Ministry of Transportation, Indonesian government will present its proposal on urban transportation managements during.

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Banks Cut Mortgage Down Payment

By administrator | July 13, 2018 | Credit.

Banks Cut Mortgage Down Payment. Regarding LTV relaxation policy currently imposed by the Central Bank, banks are planning to cut their down payment for first time buyer in order to boost their mortgage portfolio. Some banks, such as PT Bank Rakyat Indonesia, Tbk (BBRI.IJ) will offer 0% DP program for first time buyer that meets.

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Jakarta MRT Rail Project Completion

By administrator | July 13, 2018 | Credit.

Jakarta MRT Rail Project Completion. As well as, Mass Rapid Transit (MRT) rail project in Jakarta will begin testing trains from next month, as the project has reached 94.7% completion comprises of 96.9% completion in underground construction and 92.5% completion in elevated section. Moreover, this rail system is expect to move more than 173,000 passengers.

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People’s Business Credit Realization of IDR91.3Trn in November

By administrator | December 9, 2017 | Credit.

The government claims the realization of channeling people’s business credit (KUR) this year will be quite optimal, since November 30, 2017 reached IDR91.3trn, or 85.6% of the total ceiling worth IDR106.6trn. The distribution was done on 4 million borrowers are divided into micro 70.4%, retail 29.3%, and TKI 0.3%. While, channeling KUR dominated in Java.

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