INDONESIA - BANKING - Victoria Banks Shariah Asset Record $ 500 Billion

Jakarta (7 / 11) Islamic Development Bank of Victoria (BVS) is significant at the end of 2011, banks that focus on SME development during the month of October 2011 telahh recorded assets of Rp 500 billion.

Djoko Nugroho BVC compliance director, emphasized that the amount of assets was supported by the placement of Party Funds When (DPK) reached Rp. 300 billion. While channeling financing to SME sector so far amounting to Rp. 200 billion. (source)