Jakarta, (ANTARA News).
The State Ministry of State-Owned Enterprises (Meneg BUMN) claim the State-Owned banks’ performance are getting better compared to the private banks though in adverse economic conditions.
" The financial performance of State-Owned Banks are getting better, reflected from positive financial ratios compared to the privates’" said Deputy of State Ministry BUMN for Financial Services and Banking, Parikesit Suprapto, in Jakarta, Monday.
The State Ministry of State-Owned Enterprises (Meneg BUMN) claim the State-Owned banks’ performance are getting better compared to the private banks though in adverse economic conditions.
" The financial performance of State-Owned Banks are getting better, reflected from positive financial ratios compared to the privates’" said Deputy of State Ministry BUMN for Financial Services and Banking, Parikesit Suprapto, in Jakarta, Monday.
According to Parikesit, credit channeling of State-owned Banks in recent time have more selective but eventually could reach the specified goals. Selective credit approvals and more prudent risk management resulting significant decrease in Non Performing Loan; lower even compared to the private banks. Further, Parikesit didn't itemize the State-Owned Banks’ finance ratio including NPL.
He further explained, that State-Owned banks’ credit growth achieved as targeted by BI (Bank Indonesia) equal to 20%. Moreover, reserves of Bank BRI, Bank Mandiri and Bank BNI currently are aboved 100%.
Currently, the State Ministry of State-Owned Enterprises still in reviewing an arrangements to develop State-Owned Banks holding company no later than 2010. This plan is part of BI’s policy to set a single presence policy which will be established no later than 2010. (C/P).
He further explained, that State-Owned banks’ credit growth achieved as targeted by BI (Bank Indonesia) equal to 20%. Moreover, reserves of Bank BRI, Bank Mandiri and Bank BNI currently are aboved 100%.
Currently, the State Ministry of State-Owned Enterprises still in reviewing an arrangements to develop State-Owned Banks holding company no later than 2010. This plan is part of BI’s policy to set a single presence policy which will be established no later than 2010. (C/P).
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