2008-2009 DATA CONSULT. All rights reserved.
INDONESIAN COMMERCIAL NEWSLETTER
November 2010
List of Contents
- Introduction 5
- Macro economic condition stable, banking sector growing 7
- Bank Indonesia encourages credit expansion 8
- Banks expand with more branches 9
- Assets growing 10
- Banking capital stronger 11
- Bank Mandiri the largest in capital 12
- Capital adequacy ratio (CAR) 13
- Third party funds (DPK) 15
- Credits grew higher than in 2009 16
- BRI largest credit provider 16
- Credit quality improving 17
- Most credits fluid 18
- Working Credits Growing 19
- Banks raise LDR 20
- SME credits growing 21
- Investment in SBI 21
- Bank profits up in 2010 22
- BRI posts largest profit since 2008 23
- Competition sharper in SME credit market 24
- Merger and acquisition 25
- Prospects and Conclusion 25
COMPANY PROFILE : DJARUM GROUP 27
- Backgrounds 27
- Cigarette industry the locomotive 28
- Banking 28
- Property 29
- Electronic Industry 30
- Telecommunications 31
- Agribusiness 32
- Financial performance 32
- Backgrounds 35
- Characteristic of products 36
- Development of sharia general bank (BUS) 37
- Sharia Business Units (UUS) 38
- Development of Office Channels 39
- Total assets increase 41
- Third party funds (DPK) grow 33.4% 42
- Financing growing fast 44
- Non Performing Financing 45
- Sharia banks only 3.1% of conventional banks in assets 45
- Profiles of main players 46
- New Investment 49
- Competition and Marketing Strategies 52
- Marketing Strategies 53
- Government policy 55
- Conclusion 57
INSURANCE :BANCASSURANCE BUSINESS FLOURISHING 59
- Value of bancassurance premiums estimated to reach Rp38.9 trillion 60
- Bank showing growing interest 61
- Cooperation systems 63
- Main players 64
- New products of bancassurance 67
- Smart and Fren plan merger in 2012 69
- TAM to invest $111 million in 2011 69
- Pupuk Kaltim and Pusri to team up with Jordan Phospate 69
- ExxonMobil favored to become Pertamina's partner in Natuna 70
- Krakatau Steel's stellar debut in stock market 70
- Lippo Karawaci hopes to earn $500 million from hospital business a year 71
- Rim to establish subsidiary in Indonesia 71
- Gapuraprima to acquire shopping malls worth US$55.6 million 71
ECONOMICS NEWS IN BRIEF:
- Imports of motor vehicles and components valued at US$ 4.63 billion 72
- Motorcycle sales up in October 72
- Consortium to produce olefin and methanol from coal 72
- Cacao exports up 217% in October, 2010 73
- Bank Indonesia moves further to control inflowing foreign capital 73
- Indonesian banking industry reports 26.5% rise in net profit 73
- Moratorium on forest and peat land conversion to come into effect 74
- Government sanction plan of BRI to acquire Bank Agroniaga 74
APPENDICES:
- Directory of Banking companies in Indonesia 75
ECONOMIC INDICATOR:
- Economic Indicators 77
- Export and import 78
- Gross Domestic Product 79
- Oil Price and Foreign Exchange 80
- The Indonesian Economic Trends
MONTHLY REPORT
INDONESIAN COMMERCIAL NEWSLETTER (ICN)
MONTHLY REPORT
INDONESIAN COMMERCIAL NEWSLETTER (ICN)
