INDONESIA - BANKING - BNI Syariah BPR Syariah be coupled

WWW.REPUBLIKA.CO.ID, JAKARTA - BNI Syariah plan to extend the wings by working with rural banks (BPR). But BNI Syariah will have the ACA is also in accordance with sharia as his partner.

President Dinno Indiano said BNI Syariah, the front of BNI BNI Syariah will emulate conventional to cooperate with the ACA. However, non-conventional ACA to be incaran BNI Syariah, unless the Agency to base sharia as an option.

"We have plans to partner with the ACA, but ACA BPRnya should also be a sharia," said Dinno seconds silaturahmi with journalists at the Penang Bistro, Tuesday (12/6).  (source)

INDONESIA - BANKING - SRB Hold PT Pos Indonesia

WWW.REPUBLIKA.CO.ID, JAKARTA - In order to expand the reach, SRB Al Salam with PT Pos Indonesia (Persero) in receipt of the installment financing of customers' deposits BPRD Al Salam. Financing can now be done through the office, outlet, and postal services around the PT Pos Indonesia.

"Customers can make transactions through the entire Postal outlets throughout Indonesia," said Director of PT BPR Islamic Amal Al Salaam Salman, Cahyo Kartiko, as it is written in a release received by Reuters on Wednesday (18/4).  (source)

INDONESIA - MICRO FINANCE - Gov’t Encourages Microfinance Institutions to Shift

http://en.indonesiafinancetoday.com - The government encourages Microfinance Institutions (Lembaga Keuangan Mikro/LKM) to quickly change into rural banks (Bank Perkreditan Rakyat/BPR) to avoid the practice of shadow banking. Agus Martowardojo, Minister of Finance, said the move was aimed to facilitate the supervision of the institutions conducting community fund raising. (source)

INDONESIA - BANKING - BI grants permission for 2 new banks

REPUBLIKA.CO.ID, JAKARTA - Islamic Finance in early 2012 more enlivened by the presence of two new Islamic banks. Bank Indonesia (BI) issued a permit a business unit of sharia (UUS) and the People's Bank Financing the Sharia (SRB) in December 2011.

Regional Development Banks Jambi opened UUS UUS increase the number to 23 units. While the number to 155 by the presence of SRB SRB Light Living in Yogyakarta. (source)

INDONESIA - BANKING - Sharia Banking Assets Target BI 200 Trillion

JAKARTA - Bank Indonesia (BI) is targeting Indonesia Islamic banking assets reached around Rp 200 trillion by the end of 2012, which would be followed by finance sector growth.
BI deputy governor Halim Alamsyah said in Jakarta on Wednesday, the total Islamic banking assets up to October 2011 reached around Rp127, 19 trillion and if combined with BPR sharia has been more than Rp130, 5 trillion, or grew approximately 47.5% "year on year" ( YoY).  (source)

FINANCE - KUR - BPR Wants to Extend Loans

TEMPO Interactive, Jakarta:The Indonesian Association of People's Credit Banks (Perbarindo) has called on the government to involve them in extending the People’s Business Credit (KUR) program. "We hope that the People’s Credit Bank (BPR) can also be involved directly,” Perbarindo Chairman Joko Suyanto said at a press conference following a meeting with Vice President Boediono yesterday.