RISE SHARIA BANK NET INCOME AND SEVERAL LOCAL BANKS AND SOME INVESTMENT withdrawal

SHARIA BANK NET PROFIT UP 83.1%
Islamic banking in 2009 to record a glorious performance. Until the end of December 2009, Islamic banks scored a net profit of Rp 791 billion, up 83.1% of the total net profit a year earlier to USD 432 billion.
Citing Islamic Banking Statistics published by Bank Indonesia (BI), supporting an increase in net profit is rising Islamic banking financing outstanding. Until the end of December 2009, Islamic banking has channeled funding amounting to Rp 46.87 trillion, up 22.7% from the previous year the total financing of Rp 38.2 trillion.
Secretary of the Association of Indonesian Islamic Bank (Asbisindo) Bambang Sutrisno said, there are two things that cause an increase in net income of sharia banking.
First, the growing number of outlets of sharia banks to increase market penetration. In 2008 the number of offices and outlets of Islamic banking unit 1024. While in 2009 the number rose to 1223 units.
Second, Islamic banking is more effective in disbursing credit. This is evident from the ratio of operating costs compared to operating income (BOPO) is improved. In December 2008, Islamic banks BOPO for 81.75%, while in December 2009, reaching 84.39%.
Director of Bank Mega Syariah Witjaksono Beny, express, this increase in net income related to the transfer of Islamic banking portfolio of cheap financing business financing business to expensive.
According Beny, first Islamic bank focused on corporate financing of the players a lot but a thin margin. But lately, mostly Islamic Banking business working on the financing of SMEs and micro-small volume but high margin. It's been so should be followed by the risk of default is also high, said Beny.
Not only that, the increase was also influenced by the declining cost of funds due to interest rate cuts by Bank Indonesia Certificates (SBI). This is what makes what amount of increase in funding does not increase in net profit, said Beny.
In 2009, Mega Syariah financing record USD 3 trillion, up 50% from the previous financial year amounted to Rp 2 trillion.

Margin thick, Genjot Banks Loan
Personal Loans (KTA) or a personal loan is still a lucrative business fields for the bank. They predict, in 2010 the competition in this segment will run hard.
Intense competition could be recorded from KTA growth target each bank. The average target bank Loan growth in 2010 was at least 20%.
The Royal Bank of Scotland (RBS) Indonesia, for example. Year 2010 we expect a KTA could grow 20% -25%, Dessy said Masri, Head of Consumer Finance Indonesia RBS.
Until the end of 2009, Dessy, RBS Loan outstanding Indonesia around Rp 1.5 trillion in new loans in amount of Rp 1 trillion. Dessy explained, this KTA composition reaches 40% of the total amount of loans to Indonesia RBS retail segment. The rest, is a credit card loan credit and small.
RBS offers products KTA Indonesia since 2000. According to Dessy, in this tenth year, the target distribution of 25% KTA is an optimistic target.
Optimism on the business prospects of credit without collateral is also coming from the Bank DBS Indonesia. The new bank channel KTA since a year ago was pegged Loan growth in the year 2010 by 30%.
By using the Friends Relief Fund brands, DBS Bank KTA running currently reached Rp 200 billion. We will aggressively pumping KTA. Our target in 2010 could grow at above 30%, Steffano said Ridwan, Senior Vice President of Consumer Banking Group DBS Bank Indonesia.
The Hongkong and Shanghai Banking Corporation Limited (HSBC) also sees huge opportunities in the business of this personal loan.
For personal loan, we are optimistic that 2010 growth will be in line with our targets, said Winarti, Vice President Business Banking HSBC. Unfortunately Winarti not willing to mention the value of HSBC's current KTA or the target amount.
Steffano rate, the next few years KTA product demand will not subside. The reason these are multipurpose KTA. These credits can be used for working capital, to meet personal needs, such as renovations, school fees, to the wedding costs.
KTA can also meet the funding needs of a sudden because the process is not hard and fast. If all requirements are complete, the withdrawal could be done in one day, Steffano said.
In line with Steffano, according Dessy, people always need KTA Indonesia. Understandably, the need for cash was not familiar with time. People use these funds not only for consumption, but also for tuition or increase working capital, says Dessy. According to Dessy, the improving economy in 2010 was made KTA business prospects will be bright.
Of course, that convenience has a price. Loan interest is very expensive. At least, compared with other types of credit is still higher. DBS for example, attract 1.5% interest per month. While RBS attractive 1.59% interest per month.
Steffano added, to boost this sector, DBS Bank will add expansive dealer outlets named KTA out house DBS Jakarta. We will build more DBS House. Among in Makassar, Surabaya, and several cities in Sumatra, Steffano said.

Social Security Investment Company Formation Retreat from Schedule
PT plans of Labor Social Security (Social Security) to form Social Security Investment Company (JIC) in the first quarter of 2010 was threatened retreat from the schedule. Management estimates that Social Security, a subsidiary engaged in the new investment could stand in the second quarter of 2010.
Director Hotbonar Sinaga Jamsostek explains, pending the establishment of JIC for the House committee asked management IX describes the entire investment plan in advance. As long as not to disseminate it, the money management firm workers are prohibited from making any commitments with foreign parties.
The meaning of commitment by foreign parties that could be formation of a joint venture or indirect investment. At first we were targeting JIC I operate on the quarter, because there is a process in the new parliament may be accomplished in quarter II, Hotbonar said.
JIC is a joint venture that will set up Social Security with the Islamic Corporation For The Development of the Private Sector (ICD). Social Security will eventually become the majority shareholder of 51%. While subsidiary Islamic Development Bank (IDB) that will control the rest.
While members of the House of Representatives Commission IX unreasonable, the delay was related to the government's plan to form the implementing agency National Social Security System (Forecast) which involves Social Security. Therefore, the Parliament asked for Social Security concerned with the agenda rather than thinking about business. So that is not business oriented but more on the social-oriented, said Commission Vice Irgan Chairul Mahfiz IX.
However, Hotbonar said, this socialization request will not affect the company's agenda this year 2010. For example three bank acquisition.
According to Hotbonar, the delay is only applicable for investments involving foreign parties, while it was pursuing a local bank. Which should not be committed by foreign parties, if (bank acquisition) that go on, says Hotman.

Premium Incar Inhealth USD 1 Trillion
Decision PT Asuransi Kesehatan (Askes) does not hold the health insurance business commercial be a blessing for Inhealth PT Asuransi Jiwa Indonesia (Inhealth). Understandably, the child Askes new businesses operating in 2009 chance of Apral accommodate overflow of customers from the parent.
Askes no longer commercially marketed health products beginning in January 2010. They decided that because getting a Social Security Organizing Body (BPJS), said Rosa Ch Ginting, Director Inhealth. The market is deserted now Askes Inhealth pursued.
After reading that opportunity, Inhealth management targets set in 2010 premium income of Rp 1 trillion. This value is five times higher than premiums during 2009 acquisition of the only Rp 200 billion.
Rosa optimistic that the target is reached. He was convinced after seeing the premium income during January and which reached USD 50 billion per month. Just to compare, during 2009 the acquisition premiums averaged only Rp 22 billion per month.
If the policy is already in the hands now survive, then until the end of the year could reach USD 600 billion. That means, we are now looking for a USD 400 billion more to achieve targets 1 trillion, clearly Rosa.
To achieve these targets, in 2010 it will Inhealth harder to find new clients from the corporate sector. So far we've done and exploratory process with some state-owned enterprises (SOEs) are ready to become our customer, Rosa said. Prospective customers Inhealth new SOEs, among others, PT Perkebunan Nasional, Pelindo, and children uasha Garuda.
We have been there at least 20 state-owned companies that a customer Inhealth health insurance. While corporate customers a total of 1350 customers Inhealth reach.