Friday, July 01, 2011

INDONESIA - BANKING - Kaltim Sharia Banking Market Share Reaches 5 Percent

REPUBLIKA.CO.ID, BONTANG - market share (market shared) Islamic banking in East Kalimantan reached five percent. This figure is greater than the national market share of Islamic banks by 3.4 percent.
According to the Area Manager Muamalat Indonesia (BMI) Kalimantan region, Hasmal Sunadi, East Kalimantan people are more familiar with the concept of Islamic banking. Enthusiasm''very large community,''he told Reuters on Tuesday (28 / 6). (source)


In Kalimantan, there are at least seven Islamic banking. Muamalat addition, there is also a Bank Syariah Mandiri (BSM), Bank Negara Indonesia (BNI) Syariah, Bank Rakyat Indonesia (BRI) Syariah, Bank Syariah Mega, Sharia Regional Development Banks (BPD UUS) East Kalimantan, and the People's Bank Syariah Financing (SRB).
Hasman claimed for Muamalat, these banks reached about 20 percent of the market in this region. Two areas in East Kalimantan to be the dominant contributor to the increase in assets Muamalat Samarinda and Balikpapan Rp 273.6 billion to Rp 271.6 billion.
Meanwhile, as of June 2011, for the whole of Borneo, the total assets of about Rp 1.1 trillion Muamalat. There is an increase of up to 10 percent of assets in June 2011, Rp 1 trillion.
In terms of third-party funds (TPF), fundraising Muamalat reached USD 854.9 billion. Deposits increased by about Rp 42 billion, from Rp 812.9 billion the previous position.
In terms of financing, the bank recorded a total disbursement of funds reached Rp 536.4 billion. Financing increased About a Rp 75 billion, from Rp 461.4 billion the previous position.
Target''our assets of Rp 1.2 trillion by the end of 2011,''he said. Deposits will be encouraged to Rp 1.6 trillion, while the financing would be increased to $ 69 billion.
Muamalat Kalimantan are now recorded a profit of Rp 23 billion. The bank posted a profit of Rp 18 per cent increase from June 2010.
He is optimistic that by the end of year profit will exceed the target. ''We hope until the end of 2011, profit reached Rp 52 billion,''he said.
He put, to pursue fee-based income, will continue to add to increase the amount of foreign exchange offices in the region. In Kalimantan, Muamalat has 27 offices in major cities and border regions such as the Sampit, Very, Berau, Land Grogot, and Tarakan.

Source : http://www.republika.co.id/berita/syariah/keuangan/11/06/28/lni1mm-market-share-perbankan-syariah-kaltim-capai-5-persen - June 28, 2011

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