Kategori: Finance

Mitsubishi UFJ Financial Group (MUFG) agreed to buy an initial USD1.2bn stake in PT Bank Danamon, Tbk (BDMN IJ), to achieve 19.9% stake in the local bank. The Japanese bank reached an agreement with Temasek Holdings Pte and units affiliated with Singapore’s state investor. The deal values Danamon shares at IDR8,323 per share, 39% more.

Bank Tabungan Negara, Tbk (BBTN:IJ) recorded credit growth of 21.7% YoY in 11M17, amounting to IDR192.2Trn in 11M17 compared to IDR157.93Trn in 11M16. For FY18, the company projects credits to grow above 20%. Bank Tabungan Negara Profit Reach IDR2Trn SMF in Search of Fresh Funds to Finance Mortgages Infrastructure Projects Boost Bulk Cement Sales.

Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk (BJBR:IJ) has been distributing bonds Tranche I Year 2017 worth IDR1.5Trn in 2017. The distribution of the bonds has been conducted on December 6, 2017, and the bond consist of three series. The bond was issued without a clearance certificate unless the jumbo bonds issued on behalf.

The portion of deposit against third party fund of Bank Negara Indonesia, Tbk (BBNI:IJ) growth 39.22%, as of October 2017. This figure is slightly higher from September 2017 around 38.99%. On the other hand, company tend to focus on lower cost of fund, such as savings and giro. For instance, as of October 2017, deposit.

Bank OCBC NISP, Tbk (NISP:IJ) recorded a profit of IDR1.8Trn until October 2017, or an increase 22.8% YoY. These profit is slightly higher than same period 2016 realization of 22.59% YoY. Profit increase supported by the growth of net interest income from the credit distribution. For the record, company’s net interest income of October 2017.

Bank Mayora recorded its third party fund growth only 3.12% per October 2017, the figure is much lower than September 12.08%. These slowdown because the banks want to keep their loan to funding ratio (LFR) above 85%, so the company customize its fundraiser with an increase in credit. While, company’s interest rates for deposits roughly.

Bank Artos Indonesia, Tbk (ARTO:IJ) recorded its third party fund growth amounted to 27.74% as of October 2017, or lower than September 2017 at 30.23%. According to company’s statement, third party fund growth adapted to the development of the credit, since company’s credit growth all year has been quite high. In addition, company also already.

Bank Tabungan Negara, Tbk (BBTN:IJ) mentions in the middle considering the option of a decline in mortgages rates, amidst the domestic’s potential growth of mortgages. The company will lower its non subsidies mortgages rates gradually to 100Bps starting earlier in the year 2018, since the decrease in company’s cost of fund. Currently, Bank BTN’s non-subsidies.

Kresna Graha Investama, Tbk (KREN:IJ) reported its revenue grew more than 200% in 3Q17, supported by securities trading and sale of electronic voucher revenue to boost the company’s performance. According to its financial report, company recorded revenue growth of 202.69% YoY became IDR597.34Bn, compare to same period last year IDR197.34Bn. This revenue surge from a.

After acquired 35% of Bahana Artha Ventura (BAV) through a private placement, Bank Rakyat Indonesia, Tbk (BBRI:IJ), is also being targeted securities company will be used as the subsidiary. The plans of formation securities company is already entered in the Bank BRI’s corporate action plan. Previously, Bank BRI mentions not only Bahana Sekuritas that will.