Singapore Banks ' Caplok ' Danamon, BI Governor: Don't Worry

Jakarta -Singapore DBS Bank origin i.e. Groups Holding has been acquired PT Bank Danamon Indonesia Tbk worth US $ 7.2 billion. The acquisition plan is still being processed by the Bank Indonesia (BI).

Governor Darmin Nasution said, the BI issue acquisition by DBS Bank Danamon was unnecessarily taken dizziness.

"We're a process, if it passes no problem. Don't worry with that problem, at least we think our banks more efficient, "said Darmin at his residence, Adityawarman, Road Kebayoran Baru, Jakarta, Monday (8/8/2012).

DBS Groups Holding, one of the largest banks in Asia would ensure buy shares of PT Bank Danamon Indonesia Tbk. DBS has signed an agreement to buy and sell conditional Fullerton Financial Pte Ltd to take a 100 per cent subsidiary of Temasek Holding's stake in Asia Financial (Indonesia) Pte Ltd.

Darmin, BI said did not want to tighten the acquisition of a fierce bank in Indonesia. It would be difficult to organize bank of which there are many in Indonesia. Moreover, small banks are also found in Indonesia. Acquisition or merger is needed so that small banks could be more efficient.

"The bank is carried out in order to consolidate Simplification continue to run. We do not want to also set the many banks that are small and inefficient, and unable to live. Between a conventional bank, if you want to buy a small bank where I just let your. We don't want to tersandera with small and inefficient. How to get to mergers and acquisitions. The Bank must be efficient because we compete with other countries towards the Asean Economic Community 2015, "stated Darmin.

(dnl/dnl)

MEASURE Program Access to Community Banks Constrained

Jakarta -although it has been around since 2009, channeling people's business loan programs (CHICK) still have constraints in its implementation. Minister of Cooperatives and SMEs Syarief Hasan reveals implementation constraints that limited access distribution MEASURE between banks with the community in the area.

"Banking it's limitations to reach out to that little folk kan kan is extremely limited," said Syarief is found in the Office of the Kemenko Economy, the path Field Bull, Jakarta, Wednesday (15/8/2012).

To that end, the Community requested that Syarief has also actively obtaining information related to this CHICK CHICK so community can be utilized to its full potential.

"Yes people should be more actively communicating with banking. If people were always waiting for ya might be a little difficult for them, "he explained.

Regarding the realization of the CHICK, Sharif said the Government has been funneling business loan (MEASURE) of Rp 19 trillion, up to end of July 2012.

"Rp 19 trillion to 2012 till July 30 yesterday," said

Sharif added the realization that higher channeling CHICK compared to the same period last year.

"This is one semester only 63 percent we've achieved," he asserts.

The Government is targeting 2012 MEASURE of Rp 30 trillion. The Target is up 50% over 2011 which is Rp 20 trillion. Until may 2012, there are seven national banks that have been funneling CHICK that BNI, BRI, Bank Mandiri, Bank Bukopin, BTN, Bank Syariah Mandiri, and Bank BNI Syariah.

(nia/dru)

Well ... Islamic Banks Would Be Subject To The Rules Of High DP KPR

Jakarta, Indonesia -Bank Indonesia (BI) turned out to be central processing rules that oblige Islamic banks with cash advance aka down payment (DP) high for home ownership Credit (KPR) and motor vehicle credit as a conventional bank.

Governor Darmin Nasution, explaining the rules of BI was enacted to Islamic banks as a form of crisis that turned out to be anticipation also attacked the banking industry and mengihindari the existence of arbitration or the customer transfer.

"This boils down to don't get any arbitration, the line from this dont get away with banking, from banking reached, do not let that happen. Policy that there should be no doors that close it but there are doors that open them. Meaning in Islamic banking, there must be a way that LTV it applies. So do again asked how gmn, yes it's true that we make, "said Darmin.

Darmin convey it when found reporters in the building For the economy, Bull, Jakarta, Wednesday (15/8/2012).

Darmin, when rules explained Loan to Value for conventional banking issued BI see a consumption credit growth is quite high. LTV is itself a figure the ratio between the credit score that can be given by the Bank against the value of the collateral at the time of the initial grant of credit. In other words, the bank did not give full credit but there are contributions from the borrower clients.

"So which one needs to be reduced? Yes, that's her choice, consumption "bright Darmin.

Further rules for LTV Darmin confirms Islamic banks will soon to be released this year as well. "Yes, hopefully by the end of quarter III-2012," close Darmin.

As known, the rule has been enforced to bank LTV common. LTV ratio, i.e. the ratio between the credit score numbers can be given by the Bank against the value of the collateral at the time of the initial grant of credit, set a maximum of 70%.

The scope of the dimakud credit MORTGAGES include consumption stayed home ownership, including flats or apartments but not including Home Office and home stores, with more than 70 buildings type m2 (seventy square meters). Arrangements concerning LTV MORTGAGES in order to exclude the implementation of Government housing program.

In the meantime, to DP for KKB set as follows (i) For a minimum of two-wheeled DP by 25%, (ii) a minimum of four-wheeled DP 30%, and (iii) the wheel of four or more for the purpose of earning a minimum of 20% DP.

For the purposes of explanation appropriate Circulars setting produktf, is, when it meets one of the following provisos (a) A vehicle transport persons or goods which have a permit issued by the authorities to carry out certain business activities, or (b) submitted by the individual or legal entity that has a business license issued by certain authorities and used to support the operational activities of the business.

(dru/dnl)