EFFECT OF INSURANCE AND BANKING SYSTEM IN THE CAPITAL MARKET

Auto insurance is often a sticky subject. Everyone feels like they're paying too much to insure their car, and wants to know how to get their premiums down. It's an industry that really lacks an effective way to make price comparisons, leading many people to switch every few years the way they do with credit cards or phone providers.

When you understand the factors that go into deciding the price you pay for auto insurance, however, you should find it much easier to read the market and use it to your advantage. This article should give you a basic grounding, but whole books have been written on the subject – it's up to you how much you want to learn.

The most basic thing you need to understand is that insurance companies don't decide premiums based on how much they like you, or how much they think you can afford. Insurance is based on one thing, and one thing alone: risk. Every time the insurance company has to pay out for an accident, they keep a record of the amount, and every other factor they can find – the make, age and model of the car, the age and gender of the driver, where they live, how long they have had a license, and so on. There are hundreds of factors.

From this, the insurance companies can build up what is called a 'risk profile'. This allows them to work out the risk that they will have to pay out to any given person, and how much they would be likely to have to pay, based entirely on past experience. This is why a newly-qualified male driver in his twenties driving a sporty car has to pay so much to get insured – the statistics show that this group is by far the most likely to have an accident.

Once you understand this system, you can use it to your advantage. Obviously you can't change who you are, but you can change your car. The make, model and age of your car are three quite important factors in your risk profile, and they're all open to you to change. It is not difficult to use onlineinsurance quotation tools to find out which cars are pricey in insurance terms, and which ones are cheaper, and use this to help you make buying decisions.

Deciding to consider refinancing of mortgage for home loan is a major determination. Next key issue involved is to find ways to get profitable quotes for mortgage from banks. A thorough research of prevailing market rates is essential to obtain competitive quote from mortgage firms. Being familiar with current trends enables one stand a better chance of bargaining for lower interest charges. Mortgage rates usually increase or decrease in accordance with securities in Wall Street. A careful overview of market trends helps one save considerably on interests.

Comparing different loan schemes from a particular mortgage vendor and also form different vendors would facilitate one to choose the most profitable scheme. Among major tools available in market for evaluating dissimilar loans programs is the Annual Percentage Rate (APR). Laws of the state make it mandatory to expressively disclose APR while marketing their mortgage rates. This is for the benefit of borrower and to prevent them from falling prey to lower advertised rates, and find out if there are any hidden fees and upfront costs involved later.

Personal meeting with lenders, bank officials' and mortgage professionals' help in getting a competitive interest quote for your loan. Being well prepared with entire documentary evidence in support of your financial situation before meeting the people at bank enhances chances of receiving lower interests. Presenting documents to support your favorable credit history would tempt bank managers to provide you with lucrative mortgage quotes. Papers essential to obtain fast and lucrative loans rates include:

Verification of employment status and proof of income sources.

Previous paid credit card bills and other similar statements to show history of genuine payments in past.
Purchase contract of the house if it is available.

Bank details such as address of bank and your account numbers are important. Also previous 2-3 months statement of current and savings account are required.

Tax returns of last two years provide excellent proof of your financial position and hence should always be carried along while visiting the mortgage professional.

Entire information about other existing debt like car loans, student loans, retail credit cards or furniture loans, if any are required to acquire mortgage deal.

Presenting any gift vouchers received from relatives and friends would encourage bank managers to have increased faith in your paying capabilities. Such gift letters ensure that money acquired through gifts belongs to the recipient and the recipient does not have any liability on such financial assets.

Self-employed individuals may present their previous year's balance sheets and other tax statements.

Another good deal is about initially locking the specific rate of interest at time of proposal that would be charged. The process of loan approval might take some time and during such a time interval there might be fluctuation in rates of interest. Getting mortgage quote fixed at time of application relieves one from falling prey to chances of higher charges being imposed at time of loan approval.

Interest rates charged by bank also depend upon factors as amount of loan required, time period of loan, down payment, discount points, adjustable rates, closing stocks and so on. What's the easiest way to kill a great ad campaign before it even begins? Take it too seriously. Advertising is not rocket science. You shouldn't need a degree in the physical sciences to create or understand an ad.

And you should never, ever, under any circumstances, kill an ad because it is not literal enough. On the contrary, if you find your ads are too literal, you should destroy them all and start fresh.
Are Volkswagens flawed pieces of junk? No, but an ad with the headline "Lemon" gets your attention, doesn't it? It makes you want to read the story, which goes on to explain how the particular car shown in the ad would never be driven because VW cares so much it weeds out the lemons so you never get a bad car. Think what an opportunity would have been missed if the folks at Volkswagen had taken that headline too literally.

Think about it from this angle. Why do people read an ad or watch a commercial? The majority do so because they find them entertaining and informative. If your ads are all information and no entertainment, you've wasted your budget.

This is not to say that an ad should be created purely for entertainment purposes. Again, a great ad is both entertaining and informative. The entertainment value should be derived from a feature of your product or brand. In other words, what you're selling should be the star of the show. Sounds simple enough, but it is often hard to strike the right balance. That's what makes advertising so fun.

How much information does your audience really need? What kind of story will they find entertaining? These are questions that should be asked and answered early on so that when you finally are presented with an ad or a campaign, you can judge the work according to these preordained guidelines.

A good campaign will reach your target audience and talk to them on a personal level. This has a valuable effect on your sales and reputation. A great advertising campaign will do more than that. It will create a buzz outside of your target audience.
Apple Computer's "1984" commercial ran only once. But it is still one of the most talked about commercials because it was rebroadcast on every major news show and written about in every major newspaper for weeks and months. And none of this cost Apple anything more than a single TV buy.

It's worth noting that Apple's Super Bowl commercial helped make the company a household name and created unbelievable demand for the new Macintosh computer-yet the ad never showed the product or explained any detailsabout it.

BMW's Mini Cooper was one of the first cars to be introduced in the United States with no TV advertising. Blasphemy! Instead, they bolted the Minis to the roofs of SUVs and drove them around major cities. They created tongue-in-cheek billboards, interactive print ads and great guerrilla promotions. Most importantly, they created a waiting list of customers who couldn't wait to get a Mini.

Companies that think bigger become bigger. It's a self-fulfilling cycle. If you just think like a local operation, you might miss the opportunity to expand regionally, nationally, or even internationally. Your advertising campaign should reflect the direction of your company-even if you're not yet there.


of all the information I have written above, we can take some of the conclusions that:

The importance of a business with the support of the bank system.

Importance of the insurance system to maintain the integrity of an effort by all sorts of risks that are beyond our estimates.

Sometimes a good quality product with no need for a mediation of advertising for entry into local markets or international trade, even with a good quality product can be automatically lifted its price in world capital markets.

Needs to know that the rising and falling earnings and investments from insurance and banking services from each country will greatly affect the stock market in currency trading, stocks, and securities.

E-BANKING

However electronic transactions requires vigilance not only for banks as service providers, but also the customers as users of the service. Increased security of e-banking and customer awareness is necessary for e-banking transactions did not lose faith.

Actually ATM burglary case was not a frequent and easy going. That's because ATM break-ins and e-banking channel options can only occur if there is a combination of negligence on the part of banks and customers. Negligence of the bank include, among others letting equipped ATMs without an anti-skimming devices and indiscipline in the room watching the bank where the ATM is thus unable to detect any hidden camera or stored on the skimming mouth ATM. The negligence of the customer is usually careful not to keep personal identification number (PIN) that is known by others.

If the error is single, for example PIN stolen, break-ins likely will not happen because no devices Skimmer, criminals will not be able to duplicate ATM card data. Break-ins are also difficult to occur if the PIN number is not stolen, although criminals managed to steal an ATM card data through Skimmer tool.

However, security still must be improved because the burglary e-banking in the future may be done with new patterns that have not imagined this moment. General Manager Consumer Services Fund and Eko Cahyo BNI Anggoro explained, BNI has introduced a system of layered security to prevent cheating (fraud) and break-ins, ranging from standard operational procedures to safeguard customer data, use of PINs, usernames, secured networks, data encryption systems, to with the provision of facilities for the user dynamic password internet banking.

From the side of the ATM terminal environment, the bank also had to apply the protection and surveillance equipment on existing machines to prevent the parties will make the customer data retrieval illegally, Anggoro said.

According to Anggoro, with a doubling of cases of ATM cards, banks are required to further enhance customer transaction security. Some of the steps that have been made BNI is calling for its customers through mass media and personal messages to be more vigilant at the time of transaction (either maintaining the confidentiality of your PIN and be alert to the surrounding environment). Although the system has adequate security, the monitoring function continuously improved by evaluating the effectiveness of security systems that are used, further guidance to operational staff, and quickly follow up any reports related to the possibility nasbah foul happened.

Cases doubling ATM card had indeed been given the shock effect of the ATM user customers. Concern for the transaction can only occur for a while. But with the socialization of the banks, are expected to know the customers who already seated problems can respond in a more natural and be able to transact with more confidence. For BNI itself, the current case does not give much influence on ATM users.

Micro and Retail Director of Bank Mandiri, said Budi Gunadi Sadikin, security related, each channel (channel) Independent e-banking has been equipped layered security system.
In developing e-banking, Bank Mandiri consider two factors of authentication. First, the factors that customers have, for example for ATM transactions owned Mandiri is an ATM card, to the Internet that are owned Mandiri is token, and for the Independent SMS is a mobile phone owned. Second, the factors that customers know, for example for ATM transactions are PIN Mandiri ATM card, for Independent Internet is the user ID, PIN login and password token, and for the Independent SMS is a PIN. To know what customers are assured that the information the customer is known not to know the bank staff. User ID Mandiri Internet for example, makes himself and nasbah bank officials do not know.

We also do security-guard technically, such as SSL, firewalls, and encryption. For physical services, such as ATM, we added physical security as well as CCTV, anti-skimming devices, and also the security guard (security). We regularly perform rejuvenation of the existing ATM and complete security factor in all the ATMs, said Budi.

In addition, Bank Mandiri has Mandiri SMS service that is equipped with SMS notification feature. With this SMS notification, customers can monitor the account. Customer will receive a SMS warning from Bank Mandiri (3355) every time a debit or credit transaction with a particular value in the account. Transaction value can be adapted to customer wishes, for example, every transaction of at least Rp 1,000,000 or USD 500,000.

Meanwhile, Bank Internasional Indonesia (BII), according to Stephen Liestyo director, security is done by doing educational program in order to prevent customers ATM fraud through announcements posted on the ATM-ATM BII and increase BII ATM machine services for security and customer convenience ATM users BII .

In line with the increased quality of ATM services, BII also perform rejuvenation ATM ATM and replace the old with the new ATM PIN equipped with protective and anti-skimming devices. BII will continue to perform rejuvenation of the ATM on an ongoing basis.

Like other banks, for the security of e-banking, including internet banking, using the second autotification BII, which is the token in the form of SMS. This token serves to form the second phase of protection after the username and password.

BII also has complete Internet banking service user notification of account activity via e-mail about trnsaksi made through internet banking, such as transfers received or auto debit credit bills, so customers can see it early in the event of a transaction that is not known especially to reduce the customer's balance customers.

Head of e-Channel Bank Permata said Anton Hermawan, before the case of an ATM card duplication, Bank Permata in the process of doing the installation of anti-Skimmer and PIN at any ATM cover it. Currently all ATM Bank Permata is mounted anti-Skimmer and PIN cover, in hopes of preventing duplication shadowing ATM card and PIN. In addition to prevention in ATM, Permata Bank also conducts education to customers of the importance of confidentiality and how to secure your PIN to e-banking transactions, especially in the ATM.

To avoid piercing the account through an ATM, customers need to follow some tips. Tip, among others, is always researching and considering the time to use the ATM machines and electronic data capture (EDC) and ensure that these machines have no other additional equipment.

Customers also are encouraged to change your PIN regularly and closing rate at the time entering the PIN number. Another alternative to re-enter your ATM card into the machine after the transaction and enter another PIN number is wrong to deceive and then cancel the process.

At the time of transaction using an ATM card at the store in cooperation with the banks (merchant), the customer is expected considering the EDC tool. If there is a suspicious device attached to the EDC or anything else suspicious, customers are encouraged to not transact, and immediately reported to the nearest bank or the authorities.

To achieve complete security levels, Bank Indonesia also suggested the banks to immediately implement the use of technology and the chip on the card or debit ATM machines that can improve safety and reduce the risk of theft of customer data (data skimming). The card was very safe because the chip is equipped with integrated circuit that uses the standard has been applied internationally in various parts of the world. This chip is equipped with a microprocessor that can store large amounts of data, processing a variety of applications, and able to perform data encryption and authentication. Excess is what makes the chip superior compared with previous technologies.

Currently, the chip has been widely used for credit cards but not for investment given ATM cards to be issued by banks not small. With the use of chips on credit cards, customers may make transactions more secure and comfortable without any feeling of fear the data will be duplicated.

In the past, credit card fraud prone to crime or duplication of data, known as skimmimg, where the data stored on the magnetic stripe is doubled through a device called a Skimmer is generally installed in the EDC. The data was successfully stored in the Skimmer likely printed into another card (forged) to be used as the original. This caused considerable damage not only on the customer side of credit card holders, but also the credit card industry as a whole.

If the act of forgery was not immediately eradicated, it would be effected on the lower level of public trust in transactions that use cards, and even reduces the level of international confidence in the banking system of Indonesia.

E-BANKING NOT just SERVICES

Character generation to the next customer that the car, all in an instant, and Internet-mindedness made in the conventional banking transactions through the branch where it met the face of the cashier or teller and customers increasingly abandoned. Not surprisingly, banks were competing to build as automatic teller machines (ATMs), online transaction services, and networks based on other information technology via internet and cell phones.

Micro and Retail Director of PT Bank Mandiri Tbk Budi G Sadikin said, for banks, developing e-banking is not just following the trend of growing customer needs a car, but also pursue other goals that also strategic, such as lowering the cost of funds (cost of funds), improve efficiency, and earn a commission (base fee income). So it was clear that e-banking is not only services, but has become a major strategy to grow the banking and sustainable profit.

E-banking is not just improving customer loyalty, but also can be a factor decoy for new customers, said Budi.

E-banking is essentially a number of channels (channel), ie ATM, short message service (SMS Banking), Internet (internet banking), phone (call center), and string machine in card stores (merchants).

As more modern society, e-banking transactions continued to increase rapidly. This is indicated by the increasing number of payment cards (APMK) which is derived from e-banking transactions.

Based on data from Bank Indonesia, as of October 2009 there were 12 million more credit cards and 43 million plus a debit ATM card. In fact, it is estimated there are approximately 80 million people who do not have a savings account at a bank.

Meanwhile, the transaction value debit ATM card plus the transaction in October 2009 to 73 trillion USD in cash, interbank transactions around 71 trillion, between banks Rp 6 trillion, and spending worth Rp 5 trillion. The figures are almost twice larger than the initial performance of 2006.
In a managed ATM Artajasa, transactions from 2007 to July 2009 rose 100%, from 4.5 million transactions per month to 9 million transactions. In fact, in 2010 predicted to reach 18 million transactions.

The rapid increase in transactions also occur in e-banking channels, such as internet and mobile banking. The impact, if five years ago a comparison of conventional transactions through branches and e-banking transactions are 70 versus 30, the current condition in which turn an e-banking transactions reached 70% of total banking transactions.

One of the very dirasaksn impact of banking is to increase service commission (fee-based income). Revenue was obtained for e-banking transaction fees. Eg phone payment via ATM fees USD 3000 - USD 5000 per transaction. The payment of electricity bills by an average ATM fees USD 2500 per transaction.

If the 2004 commission income contributed only 5% of total banking revenues, at the end of 2009 fee income contribution reaches 10%. Later, this type of nonbunga revenues grow faster than interest income.

In advanced countries, like Japan and Korea, the contribution of commission income could reach 30% -40%. This is clearly very profitable banks, especially in this business has operational risks. Unlike the inherent credit risk of default, in addition to other risks.

For some transactions, client costs will be cheaper too. For example to transfer transactions to other banks through the clearing and settlement immediately (real time gross settlement, or RTGS), the teller transaction costs USD 5,000 for clearing and Rp 25.000 - Rp 35,000 for RTGS.

However, according to Budi Sadikin, if the client transaction through SMS in Bank Mandiri only Rp 2,500 for clearing and Rp 15,000 for RTGS. Transfer to another bank can be more cheaply and quickly by using the ATM facility through ATM cost Rp 5,000 per transaction. Its also online, direct deposit until then also into account the purpose.

When people too much because no longer need to queue at the bank teller. Community productivity increased because the time can be used for other productive activities. National efficiency is created, measured from the efficiency of Bank Indonesia in printing expenses banknotes and coins, said General Manager of Consumer Services Fund and PT BNI Anggoro Eko Cahyo.

E-banking is also a powerful weapon banks to raise funds for savings cheap. Proved at the end of 2009 the portion of savings to the total third party funds reached 31% than the year 2005 that only 24%. To take advantage of e-banking service, customers must have a savings account to save money that will be transacted. Thus, the e-banking interest, the more banks to raise funds cheaply. Saving money is cheaper because the interest is only 2% - 3%. While deposits are expensive funds interest 6% - 8% depending on bank size.

Reduction of cost of money will mean a lot to the banks. With the cost of money is low, banks can win everything. Currently, for example, cost of funds banks an average of 6%. With the cost of funds, the interest rate banks offer loans reach 12%. Try to imagine a bank that has a cost of funds is only 3%. The bank would push interest credit could be up to only 9%. Impact, with these advantages, of course, the relevant bank, the debtor can choose the best debtor, who may have previously partnered with other banks. Banks can automatically push relevant problem loans that do not need to backup the eroded profits.

The increased portion of the savings banks as well as to make regardless of question is always higher inflation in Indonesia. Customer savings are not a problem to accept lower yields on inflation because the savings do not understand where to invest. In contrast to the deposits where the depositor is certain demands on the yield of inflation so that the investment is not shrinking.

The use of e-banking also makes the efficiency of the bank rose sharply because banks no longer need to build the physical network and absorb a lot of labor in large numbers for operations in the branch. According to Budi, the cost to open a branch of approximately USD 700 million, while the cost for a single ATM machines around Rp 80 million.

Director of PT Bank Internasional Indonesia Tbk (BII) Liestyo Stephen said, efficiency occurs because the use of e-banking, real costs transferred to the customer. For mobile banking and internet banking, for example, customers who provide their own means, ie a mobile phone, laptop, phone, electricity.
If the calculated counting, transaction costs in the branch could reach Rp 10,000 per transaction, while e-banking is only around Rp 3,000 per transaction.

E-banking transactions predicted growing rapidly. For one thing, cell phone users continues to grow. Mobile phone users in Indonesia currently has reached 110 million. That's why, in his plan this year, BII will add 300 units of ATMs and ATM rejuvenation 100 units. Advantage ATM BII is able to accept ATM cards from almost all banks are connected to the national ATM networks such as ATM Bersama, Prima and the Alto, as well as international networks such as Visa, Mastercard, and Plus.

To anticipate the growing evolution of e-banking transactions, Stephen has prepared a number of strategies. One of them is the use of a special card attached RFID chip (radio frequency identification) that can be scanned at merchant outlets to transact offline.

In addition, BII will also take advantage of online transactions using a short message with tech support USSD (unstructured supplementary service data). Thus, mobile subscribers later functioned as a wallet of money that can be used for a small nominal transactions.

Stephen said, e-banking is not only useful from the collection of funds, but also can be used to support credit, the main task of the bank. With the development of debtor information system and a single identity number, the filing of the application or mortgage agreement, for example, simply through e-banking.

Although the role of e-banking is becoming more important for banks, however, says Stephen, a physical network, such as branch offices, still can not be abandoned. Society remained basically want to see the physical structure of the partner banks in the vicinity. Physical network can make the customer believe in the bank.

However, the physical network construction project is certainly not a loss of banking, but it could be a new opportunity. In branch offices, for example, banks can focus on activities as a dealer of investment products and bancassurance which still requires face-to-face between the customer and the bank.

The existence of e-banking in turn also creates a challenge that no light for small banks to survive given the e-banking investment is not cheap. However, small banks can actually get around that by using information technology shared by many banks.

BANK OF JAPAN, Barclays Bank, JPMorgan Chase Bank AND INTEREST RATES stable

Japanese finance minister wants Naoto Kan Japanese inflation rate this year could rise to 1 percent, he also again urged the Bank of Japan (BOJ) to work together to anticipation Japanese deflation is still often fall in their economy.

Fight diflasi is a very important policy. He hopes the central bank also has the same view and take steps to achieve that goal. Japan is hoping they can reach 1 percent of these targets. That's one chance in the hope that conveyed by the lower house budget committee Japan.

Annual inflation in December 2009 outside fresh food prices fell up to 1.3% from the previous year (2008) this decline is a problem that is considered seriously by the State of Japan for 10 years, the fight against deflation becomes a very tough challenge for Japan present. Japanese economic data shows the level of prices in the State of Japan fell to the lowest level in half a century.

Governor of the Bank of Japan (BOJ) Masaaki Shirakawa that central banks conduct monetary policy remains accommodative such as reducing the liquidity into the financial system if it's too volatile, as the yen rose as high and the stock index down. and Japan also maintain low interest rates.

Bank of Japan predicted to maintain interest rates at 0.1% rate. Shirakawa showed the balance of the Bank of Japan reached 26% of the domestic product (PBD) to indicate that monetary policy works effectively. Shirakawa compared with the fed is 16% and the European Central Bank which recorded 21%.

Issue prices of goods continue to decrease the Central Bank will not fight alone, while the Bank of Japan also will not provide the market with liquidity will only be effective to maintain financial stability but not significantly to raising the prices of these goods.

Survey of 16 economists in the world of multimedia tanyangkan the media (TV) BLOOMBERG yesterday predicted that the Bank of Japan will keep interest rates the bank at 0.1% Bank of Japan will not change interest rates since December 2008. And the Bank of Japan will study the back by the council of economic komoisi.

Meanwhile, the latest news from JPMorgan Chase & Co., financial institutions in the United States (USA) has approached a deal to buy COMMODITIES LLP Sempra one business unit of The Royal Bank of Scotland Group Plc. Previously terdengan news that JPMorgan purchases canceled due to policy SEMPRAN BARACK OBAMA AS PRESIDENT which limits activities COMMODITIES perbankan.nilai RBS Sempra unit outside the U.S. NORTH AMERICA $ 1.7 BILLION. the agenda which was scheduled to announce transaksi.RBS JPMorgan will sell ownership shares in the unit at the insistence of Sempra COMMODITIES EUROPEAN UNION. This happened after RBS receives funding from the U.S. government bailout of $ 45.5 billion or about U.S. $ 71 billion. JPMorgan to buy Sempra to develop business in energy and metals units.

While the news from BARCLYS up. BARCLYS Plc. Second largest bank in the UK recorded a profit increase of twice during the year 2009 the official website lalu.dalam announced BARCLYS net income rose from GBP 4.38 billion in 2008 to GBP 9.39 billion or approximately U.S. $ 14.8 billion in 2009.

According to John Varley (Chief Executive Officer BARCLYS Plc, which causes an increase in profits was the capital increase at the same time to prepare for the global economic situation of uncertainty "we have strengthened the capital by increasing liquidity reserves. We are prepared for a very bad economy in the future , it is the expressed Mr. Varley.

Some analysts responded positively to the performance of Barclays tersebut.ini first time we received positive news from the UK banking sector, saying that the conveyed by RALPH SILVA SILVA an analyst at RESEARCH NETWORK is located in London.



While the stock markets of the world preaching the car in the middle of the number of cars on the European continent in the interest of the market in European car sales to record an impressive performance. ASSOCIATION OF EUROPEAN CAR MANUFACTURER announced in January 2010 in the European car sales increased to 12.9% compared the same period the previous year.

In association official website mentions the continuing rise triggers an incentive policy that four-wheeled vehicles in the government applied in a number of European countries. This policy encourages new car pivot up to 1.1 million units of the period of 2009 as many as 938,026 units. England and Italy to increase the State's largest car pivot, which is about 29.8% and 30.2%.

RENAULT SA, the second largest car manufacturer in the French became the sole agent of the holder of the largest selling brand reached a record increase of up to 60%. Ranked second in the occupied by TOYOTA MOTOR CORP. to increase 10.8%.

At the same time with the arrival of the information I can now rescue GREECE yet to find a redemptive sense, finance minister meeting of European Union which took place in BRUSSEL BELGIUM kemariun also have not set concrete steps to be done to overcome the crisis in GREECE, but finance ministers from 16 countries in the Euro zone was requested by the authorities in Greece immediate steps to prepare better to deal with the budget deficit finance. grace period for Greece to show the improvement and the results of the European komosi is reached on 16 March 2010.

For the record, to reduce the budget deficit of Greece promised to cut spending this year to 8.7% of gross domestic product in fiscal year 2010 ini.sedangkan ago 2009 Greek budget deficit has reached 12.7% of their PBD. JEAN finance minister Claude Juncker said the European Union finance minister was waiting for to prove that greek greek serious commitment has been made. If any business is considered less than satisfactory, the EU Commission will impose additional steps that should be done Greece. As finance minister meeting of the European Union led by Mr. Greece will JUNCKER.Bisa so on out of the voting process in every decision taken by the European Union this.

After European leaders promised to provide assistance to Greece for their immediate guarantee of the ability to apply the principles of Greek-controlled financial principles. George Papaconstantinou Greek finance minister refused to speak on that decision, but the Greek finance minister responded with the parable language "itself as to change the direction of the ship titanic.

Greek prime minister George Papaconstantinou also has promised to cut the budget deficit of 3% in 2012 to cut spending, freeze wages, raise taxes and take action against tax evasion. Cutting costs is running but triggered demonstrations, they think we are in a terrible mess

Of all the information we get from some banking institutions of this world we can prepare a benchmark value of our economic analysis capability to survive to go to like what in the future.

"Success must be the start of self-discipline in life, have self-confidence, always active in the work, remember the purpose of life and human beings can be useful for him, his family and to his country.

Provide or fund at the right time, right place, and the proper way before granting it would be useful. Internal consolidation, research and R & D, audit, suspended matter and expanding, investing and thinking about what new businesses we are building for the stability of our economy.

SOME BANKS IN INDONESIA PREPARES ACTION acquisitions

Year of the tiger has become a busy year for the bankers in the country. Some top-level bank in the country is now preparing a variety of corporate actions, both to strengthen and broaden capital business octopus. One way is through acquisition strategy.

CIMB Niaga example. National private banks majority owned subsidiary of CIMB Malaysia is going to acquire financing to raise the motor vehicle credit. Possible acquisition we have learned, said CIMB Niaga President Director Arwin Rasyid.

This bank has made an assessment in two to three finance companies. Arwin said, possibly, the acquisition process can be realized at the end of the first quarter. Bank Niaga intend to be the majority owner of the company's Emerging Markets.

Arwin not specify which funds are prepared for it. To be sure, finance companies drill which he had considerable assets, but the price is not expensive. Acquisition value in the range of hundreds of billions, we will use internal funds for this, obviously Arwin.

The seriousness of CIMB Niaga offers motor vehicle loans are also apparent in their plans to revitalize his own finance company, which is Saseka Gelora Finance. We'll turn it on again and the name and we will replace the directors, clearly Arwin.

Bank Niaga has a 96.01% in Saseka. Value out CIMB Niaga's credit standing of a motor vehicle to reach Rp 8.8 trillion. Potential consumer loans, including vehicle loans and home ownership, the bank's credit growth support the results of the merger over the past year.

If Bank Niaga will focus on the cultivation of motor vehicle loans by acquiring companies multifinance, another BNI strategy. Banks bearing the number 46 was admitted acquiring warned local banks to sharpen market penetration of their micro credit.

BNI president director Gatot M. Suwondo explains, this acquisition is included in the list of the bank's business plan medium-term. Intention for the acquisition was in 2011, said Billy. In the long-term plan, the candidate's subsidiary will be working on the motor BNI in microcredit markets middle class.

Another business plan is in sight is the release of ownership of shares in BNI Securities about 30%. Finance Director BNI Tjay Soen Yap added, BNI would prefer remain a majority shareholder in the subsidiary. Usually a lot of dating potential investors who want to become the majority owner, but the current position we want to be the majority first. If they had wanted a majority, just to talk prices and terms and condition of his, said Yap.

Other BNI plan was to publish a junior bonds (sub debt) worth U.S. $ 300 million to strengthen its capital. This plan was almost complete. Constraint rules Bank Indonesia (BI) which had raised the other day was getting brighter.

Yap explained that informal talks with the BI has been done. We are still waiting for formal BI effort to talk with rating agencies, rating agencies that can provide reasonable rankings for our sub-debt.

If the rating agencies dealing with smooth, sub-debt yield BNI can be fitted with economical price. Published in December 2009 if it could yield 7%. BNI plans to realize the sub debt issuance in the first half of this year. BNI hope it can yield below 10%. If on top of that, is not economical, Yap said.

In addition to sub-debt issue to strengthen capital, BNI is an agenda of new stock issuance in the second half of this year. Targets could raise between USD 3 trillion to Rp 4 trillion. The total value of the funds needed to strengthen capital BNI in 2010 from various corporate actions to reach Rp 7 trillion.

Bank Niaga was not to be outdone. Now, they have studied the option of sub debt issuance and the rights issue as part of capital management. Sub debt issuance planned U.S. $ 300 million. This is related to our debt maturing in 2010, said Arwin.


OCBC is also an agenda of sub debt issuance. What's it worth, we are not willing to mention, said OCBC NISP Director Surjaudaja Parvati.

CIMB, BNI, and Profit handful of OCBC
Three banks, namely Bank CIMB Niaga (CIMB), Bank BNI, and OCBC Bank NISP recorded a profit increase for 2009 and fantastic. Bank Niaga's net profit grew 131%, BNI rose 103%, and OCBC NISP profit rose 38%.

Management of each bank to explain, this profit increase is because of their efficiency and interest income. Ends, their operating income increased. 2009 end of year ago, Bank Niaga profit USD 1.6 trillion, BNI Rp 2.48 trillion, and OCBC NISP get Rp 435.9 billion. Whereas the previous year, profit CIMB Niaga Rp 678.2 billion, BNI Rp 1.22 trillion, and net profit of new OCBC NISP around Rp 316.9 billion.

Bank Niaga President Director Arwin Rasyid said, CIMB net interest income as of the end of 2009 amounted to Rp 6.02 trillion or an increase of 28.9% from the end of 2008. In addition to interest income, commissions and efficiency improvements also contribute to the increase in net profit CIMB Niaga.

Thanks to the efficiency, operational costs CIMB Niaga down from Rp 3.76 trillion in 2008 to Rp 3.71 trillion in 2009. Meanwhile, the ratio of rate of return on assets or return on assets (ROA) rose from 1.1% to 1.2% and return on equity (ROE) grew from 8.1% to 16.2%. The increase is because we can make efficiency, the indicators cost to income ratio improved from 58% to 49%.

So with BNI and OCBC Bank NISP. Bank BNI President Director Gatot M. Suwondo told, thanks to the efficiency, operational costs versus operating income or be BOPO BNI down from 90.2% to 84.9%. Meanwhile, net interest income rose by 12% from Rp 9.91 trillion to Rp 11.13 trillion. In addition, profits are also supported by increased fee-based income of 21% to Rp 4.30 trillion, says Billy.

Meanwhile, President Director of Bank OCBC NISP Surjaudaja Parvati explained, bank net interest income rose 23% to Rp 1.73 trillion at the end of 2009. While fee-based income also increased 6% from Rp 470.8 billion to Rp 497 billion.
This profit increase contrasts with the distribution of credit. As of end 2009, Bank Niaga credit rose 12% or equivalent to Rp 8 trillion of new credit, so credit outstanding to $ 82.8 trillion. Credit BNI grew 8%, or successfully distribute credit Rp 8.85 trillion. As a result of credit outstanding end of 2009, BNI was Rp 120.48 trillion. The OCBC NISP credit growth of only 5% or up from Rp 20.8 trillion to Rp 21.88 trillion.

Come Bank, Insurance Holding Postponed
Plan to form the parent company or an insurance holding company State Owned Enterprises (SOEs) is delayed again. Though initially, the Ministry of target SOEs can realize the formation of a holding by the end of this year 2010.

Deputy for Banking and Financial Services Minister SOEs Parikesit Suprapto, revealed, target the insurance holding company formation was delayed because it follows the same conditions in the banking system. Thus, the formation of a holding, both for banking, insurance, and multifinance, will be postponed until no later than the end of 2011. The reason, until now, the desire is still under review by the government. What is clear, the implementation back about two years, says Parikshit.

The manager of the State's own insurance, do not know much about the planned formation of this holding. Director of PT Jiwasraya Hendrisman Rahim said, until now it had not received official information about the formation of the insurance holding company of the Ministry of SOEs.

Hendrisman asserted, Jiwasraya will follow the decision of the Ministry of SOEs. Moreover, the Ministry of SOEs in fact it's been like a holding company. The children are all state-owned company. If it wants to set up a holding sectoral, that good ones. Everything must be considered, Hendrisman said.

The government does have a strong consideration to form a holding. Parikshit said, with the holding, the government hopes, the competitiveness of national insurance company is getting better. Therefore, companies have similar business into one group.

Plans, insurance companies holding the red plate will be divided into three groups. That group life insurance, general insurance, and reinsurance. Thus, insurance companies in similar sectors would come under the same corporate umbrella.

Government-owned insurance companies include PT Asuransi Indonesia Export (ASEI), PT Asuransi Jasa Indonesia (Jasindi), PT Asuransi Kredit Indonesia (Askrindo), and PT Asuransi Jiwasraya. Until now, the government had yet to determine which companies will be holding parent in general and life insurance.

The formation of this holding is also to anticipate the sole ownership rules and the minimum capital requirements for insurance.

CENTURY BANK AND COMMUNITY INDONESIA

Some of this time the Indonesian nation is experiencing some problems very much, from the beginning the problem of natural disasters, shortage of housing in urban areas until there are some problems that require a President to step down immediately in handling this issue, and hopefully the problems associated with investments, shares and securities related bank in Indonesia was not until the slander and dragged the people who are not guilty and not at all connected with that issue, as on some of this time Mr. President Susilo Bambang Yudhoyono asked to immediately take over responsibility for the bailout scrolling or a bail out worth Rp 6.7 trillion to the Bank Century. The President must listen to the aspirations of civil society who want the President moved against the perpetrators, either primary or assistant principals, which makes the case occurred Century Bank.

The order was in explaining the former Coordinating Minister of Economy Rizal Ramli, Head of Professional Civil Society (MPM) Ismet Hasan Putro, and researchers from the Indonesian Survey Institute (LSI) Burhanudin Muchtadi held discussions Trijaya Radio Network in Jakarta.

According to Abdullah, the President must be more quickly cleared Century Bank case. The President must immediately clean up the government from policy makers who cause problems in law or politics.

Separately in Jakarta, lawyer Adnan Buyung Nasution also asked President Yudhoyono did not allow resolution of the case of Century Bank protracted and made Vice President Boediono, Finance Minister Sri Mulyani Indrawati, and other officials so uncertain. Special Committee (Special Committee) House on the Right Bank Century Questionnaire. As head of government and head of state, Yudhoyono must dare to take over the responsibility and the investigation handed over the case of Century Bank on anti-corruption commission (KPK). This is in accordance with the constitutional system is based on the Constitution IN INDONESIA 1945.

The goal for the government to run back to the normal and peaceful society so that no suspicion in pemmulihan Century Bank.
The President must have the courage to bear the responsibility of bank bailout policies Century as government policy if it is pure and clean to prevent the banking crisis and disrupt the economic system, said Adnan Buyung, who is also a former member of the Presidential Advisory Council.

According to Adnan Buyung, in accordance with the constitution, the takeover of responsibility as well as learning to create an orderly society and culture.
However, Adnan Buyung said, the takeover of the responsibility of Century Bank's case must be accompanied by confirmation Yudhoyono, himself a personal or Board of Trustees Chairman Democratic Party did not get a penny of funding from the policies that cover the Century Bank. This will dismiss the suspicions the public and other parties. The government sought no more mistakes, too.

The assertion is important to ensure there are no games in the bail out, if the Democratic Party to victory in legislative elections or to memenanagkan President Yudhoyono in the election with Boediono.
Abdullah added, Yudhoyono should study the situation that developed recently. Century Bank case is no longer the issue between the President and the politicians senayan. The case has become a national issue that concerns people. This can be seen from the excitement of watching the special committee meetings are broadcast live by a private television station in Indonesia.

If Mr. President is not watching this closely, ammunition civil society can lead to himself Abdullah said.
State constitutional law expert Irman Putra Sidin, who reached a separate, judge, the President can not escape the responsibility for all decision-making process by the Financial System Stability Committee (KSSK). The reason is KSSK chief minister which is the 1945 presidential aide. Sri Mulyani was chairman KSSK not in his capacity as a professional, but in his post as finance minister.

Wherever finance minister to go, any clothing worn, or carried out any duties, the President remained in charge. Therefore, finance minister in the work as chairman KSSK, the imperative should always consult and get approval of the President. He can not escape just as the chairman of clothes KSSK, (said Irman).

Therefore, said Irman, bailout charge Rp 6.7 trillion to the Bank Century at that time was Governor of Bank Indonesia and the President. Although the Government Regulation in Lieu of Law (Perpu) of JPSK set in KSSK decision not need to get approval or not to consult with the President, this could not take the responsibility of the President.

Adnan Buyung also said, if the President took over policy responsibility for Century Bank, Century Special Committee to be no evidence, instructions, and a strong indication of a crime under that policy. Century Special Committee should be stopped and his mandate to the Parliament Plenary session.

Conversely, if the Commission did actually have evidence, guidance, and strong indications behind Century Bank bailout is a crime and a conspiracy against the State and benefit certain parties, allow the continued investigation is complete the case by working hard. Leadership Commission have (debt) to the people to express case-light bright.

Furthermore, according to Adnan Buyung, while waiting for the Commission to walk, let the government work again and not be bothered to five years will be dating. Moreover, if indeed the Commission investigation could not produce any results.

Presidential Spokesman Julian Phasa Aldrin, who in a separate call, say, the attitude of President of Century Bank case was already submitted multiple times in different occasions.

One of the president's attitude is as stated in the President's speech on 23 November last year, entitled Finding Solutions in the interests of the Fair Greater Nation. The speech was delivered at the Palace, (said Julian).

Compass records, the core of the President's speech on 23 November 2009 at the State Palace, Jakarta, related handling of Century Bank, asked the Police Chief General (Pol) Bambang Hendarso Danuri and Attorney General Hendarman Supandji expedite the examination of the case.

According to Julian, Century Bank restructuring policies by governments and BANK INDONESIA is considered appropriate policies from various sides, such as the crisis and avoided to prevent systemic damage to the economy.
According to Julian, finance minister's decision and the Governor BANK INDONESIA time Century Bank related applicable rules.

Hopefully the nation Indonesia could soon solve all the problems and calamities that may befall this country, and hopefully patience and simplicity is always given by the Almighty GOD for YOU PRESIDENT INDONESIA ... AMIN