www.kontan.co.id - JAKARTA. After a three-month slide, gold pawn restriction rules taking effect for the Islamic banking industry. Bank with a portfolio of gold pawn is too high, posting a decline in financing during the first half of 2012. Meanwhile, a new Islamic bank in business, enjoying a fantastic surge in financing nan.
BRI Syariah, BNI Syariah, and Bank Syariah Mandiri, including a slowdown. In addition to their gold financing business was suspended, the three largest Islamic bank is also no longer jor-rod. According
beleid BI, bank financing may only deliver a maximum of 20% gold of the
total financing or a maximum of 150% of bank capital. (source)
Showing posts with label cimb niaga syariah. Show all posts
Showing posts with label cimb niaga syariah. Show all posts
Monday, August 13, 2012
Saturday, July 21, 2012
INDONESIA - BANKING - CIMB NIAGA SYARIAH Padang sued for Rp 2 billion damages
www.bisnis.com - PADANG:
Bank CIMB Niaga Syariah Pondok branch, city of Padang in West Sumatra
are required to pay compensation in the form immateril 2 billion by the
customers.
Rosman M (49), Eastern District of Rawang residents of South Padang, Padang, put these demands (in the form of reports) to the Consumer Dispute Settlement Body (BPSK) Padang.
Reports of consumer complaints numbered: 60/P3K/2012 dated July 12, 2012 the Secretariat received BPSK officer Padang, Nurmatias. (source)
Rosman M (49), Eastern District of Rawang residents of South Padang, Padang, put these demands (in the form of reports) to the Consumer Dispute Settlement Body (BPSK) Padang.
Reports of consumer complaints numbered: 60/P3K/2012 dated July 12, 2012 the Secretariat received BPSK officer Padang, Nurmatias. (source)
Wednesday, July 18, 2012
INDONESIA - BANKING - Banks plan Shariah assets for Asian millionaires (StanChart - CIMB)
www.gulfnews.com - Kuala Lumpur/Hong Kong: Standard Chartered Plc will start Islamic
private banking services in Asia and CIMB Group Holdings Bhd. plans to
roll out new products for the wealthy as they target rich Muslims who
have limited investment options.
The UK’s second-largest lender by market value will offer Shariah-compliant products tailored to meet the needs of people who have at least $2 million (Dh7.35 million), Wasim Saifi, the Kuala Lumpur-based global head for Islamic consumer banking, said in a July 6 interview.
Malaysia’s CIMB will market more instruments in the fourth quarter for clients with a minimum of 1 million ringgit (Dh1.15 million), Badlisyah Abdul Gani, chief executive officer of CIMB Islamic Bank Bhd., said in a July 10 interview. (source)
The UK’s second-largest lender by market value will offer Shariah-compliant products tailored to meet the needs of people who have at least $2 million (Dh7.35 million), Wasim Saifi, the Kuala Lumpur-based global head for Islamic consumer banking, said in a July 6 interview.
Malaysia’s CIMB will market more instruments in the fourth quarter for clients with a minimum of 1 million ringgit (Dh1.15 million), Badlisyah Abdul Gani, chief executive officer of CIMB Islamic Bank Bhd., said in a July 10 interview. (source)
INDONESIA - BANKING - CIMB offers 1st Indonesian fixed returns
www.btimes.com.my - CIMB Group Holdings Ltd, Malaysia’s second-biggest Islamic bank, is
introducing Indonesia’s first Shariah-compliant fixed returns on
deposits, five years after their adoption in its home market.
PT Bank CIMB Niaga Syariah, a unit of the Kuala Lumpur- based bank, started offering the accounts to lenders on June 24 and plans to introduce them for consumers, Badlisyah Abdul Ghani, the head of Islamic banking at the parent, said in a July 4 interview. Indonesia’s Islamic finance assets total 147.9 trillion rupiah (US$15.6 billion), trailing Malaysia’s RM350.4 billion (US$110 billion), partly because depositors only receive floating payments based on profits or price swings. (source)
PT Bank CIMB Niaga Syariah, a unit of the Kuala Lumpur- based bank, started offering the accounts to lenders on June 24 and plans to introduce them for consumers, Badlisyah Abdul Ghani, the head of Islamic banking at the parent, said in a July 4 interview. Indonesia’s Islamic finance assets total 147.9 trillion rupiah (US$15.6 billion), trailing Malaysia’s RM350.4 billion (US$110 billion), partly because depositors only receive floating payments based on profits or price swings. (source)
Monday, July 09, 2012
INDONESIA - FINANCE - CIMB Niaga Syariah channels 4 Multifinance Rp 3.24 T
www.investor.co.id - JAKARTA
- shariah business unit of PT Bank CIMB Niaga Tbk (CIMB Niaga Syariah)
provides working capital financing facilities Rp 3.24 trillion to four
Multifinance, use jack channeling financing industrial consumption. Fourth
Multifinance is PT CIMB Niaga Auto Finance, PT Federal International
Finance (FIF), PT Adira Finance Tbk Multi Dynamics, and PT Mandala Auto
Finance.
Head of CIMB Niaga Syariah Banking expressing U Saefudin Noer, respectively sequentially funding Rp 2 trillion, Rp 600 billion, Rp 450 billion, and Rp 190 billion.
"At first, financing consumption can only be done on sharia branch offices. However, now we have been able to channel the late mortgage center, office channeling, and also Multifinance, "said he at Financial Graha, Jakarta, Thursday (5/7). (source)
Head of CIMB Niaga Syariah Banking expressing U Saefudin Noer, respectively sequentially funding Rp 2 trillion, Rp 600 billion, Rp 450 billion, and Rp 190 billion.
"At first, financing consumption can only be done on sharia branch offices. However, now we have been able to channel the late mortgage center, office channeling, and also Multifinance, "said he at Financial Graha, Jakarta, Thursday (5/7). (source)
Thursday, July 05, 2012
INDONESIA - BANKING - CIMB Niaga Sharia books 61% growth in assets
www.bisnis.com - JAKARTA: PT Bank CIMB Niaga Tbk sharia business unit recorded an
aggressive growth by relying on a high increase in consumer financing.
According to Director of CIMB Niaga Commercial Banking & Sharia Handoyo Soebali, the assets of its sharia business unit (UUS) reached IDR5.7 trillion by the end of first half 2012 or 61% higher from IDR3.5 trillion a year earlier.
“The growth of sharia banking is largely driven by consumer segment which owned 51% portion of the total financing,” he said in Sharia Banking Forum for Multifinance and Consumer Business 2012 Thursday (7/5/2012). (source)
According to Director of CIMB Niaga Commercial Banking & Sharia Handoyo Soebali, the assets of its sharia business unit (UUS) reached IDR5.7 trillion by the end of first half 2012 or 61% higher from IDR3.5 trillion a year earlier.
“The growth of sharia banking is largely driven by consumer segment which owned 51% portion of the total financing,” he said in Sharia Banking Forum for Multifinance and Consumer Business 2012 Thursday (7/5/2012). (source)
INDONESIA - BANKING - CIMB Niaga Syariah consumer financing and multi-finance
www.bisnis.com - AKARTA: PT Bank CIMB Niaga Tbk (CIMB Niaga) through increased funding sharia business unit and multi-consumer. This
is done through the provision of working capital financing facilities
for a number of multi-partner program and the implementation of Sharia
Mortgage Fix Fix n.
Director of Commercial Banking and CIMB Niaga Syariah, Handoyo Soebali CIMB Niaga Syariah convey prepare financing facility for a number of finance company partners.
"Preparation of financing facilities for a number of partners to facilitate this multi-community has a vehicle with a scheme of sharia," he said through a press conference in Jakarta (5/7). (source)
Director of Commercial Banking and CIMB Niaga Syariah, Handoyo Soebali CIMB Niaga Syariah convey prepare financing facility for a number of finance company partners.
"Preparation of financing facilities for a number of partners to facilitate this multi-community has a vehicle with a scheme of sharia," he said through a press conference in Jakarta (5/7). (source)
Saturday, June 30, 2012
INDONESIA - BANKING - Gold Mortgage CIMB Niaga Syariah Still Promising
WWW.REPUBLIKA.CO.ID, JAKARTA - PT Bank CIMB Niaga Tbk through units of CIMB Niaga Syariah Court, continued to expand its mortgage business in gold.
The existence of an urgent need for cash, plus the nature of the liquid gold, make gold mortgage market is still wide open. This consideration is that the policy of CIMB Niaga Syariah for mortgage business continues to expand this gold.
Head of CIMB Niaga Syariah Banking, U Syaefudin Noer, disclose, banking has become the people's choice to forgo his gold. "Other places are comfortable, the service factor also become a major consideration from the community," said Saefudin. (source)
The existence of an urgent need for cash, plus the nature of the liquid gold, make gold mortgage market is still wide open. This consideration is that the policy of CIMB Niaga Syariah for mortgage business continues to expand this gold.
Head of CIMB Niaga Syariah Banking, U Syaefudin Noer, disclose, banking has become the people's choice to forgo his gold. "Other places are comfortable, the service factor also become a major consideration from the community," said Saefudin. (source)
Monday, June 25, 2012
INDONESIA - BANKING - CIMB Niaga launches Islamic money market transactions
www.kontan.co.id - JAKARTA. PT Bank CIMB Niaga through sharia business unit, CIMB Niaga Syariah ready to launch the Islamic money market transactions (SATISFIED), the Certificate of Commodity Trading Interbank Based on Sharia Principles (Sika).
Readiness is supported by the terms of Bank Indonesia to CIMB Niaga 14/137/DPM numbers on June 14, 2012 which affirmed the instrument permits the use of Sika SATISFIED.
"The exit of DSN-MUI fatwa and circulars concerning Sika Bank CIMB Niaga Syariah make clear the firm launched the Islamic money market transactions with Sika instruments," said Director of Commercial Banking and CIMB Niaga Syariah Handoyo Soebali, Sunday (24/6). (source)
Readiness is supported by the terms of Bank Indonesia to CIMB Niaga 14/137/DPM numbers on June 14, 2012 which affirmed the instrument permits the use of Sika SATISFIED.
"The exit of DSN-MUI fatwa and circulars concerning Sika Bank CIMB Niaga Syariah make clear the firm launched the Islamic money market transactions with Sika instruments," said Director of Commercial Banking and CIMB Niaga Syariah Handoyo Soebali, Sunday (24/6). (source)
Friday, May 25, 2012
INDONESIA - BANKING - Indonesia ruling may hurt Malaysian banks' earnings
www.btimes.com.my - KUALA LUMPUR: Malaysia's top two banks could be
dealt a bigger blow than expected if Indonesia limits the maximum stake a
single shareholder can own in its banks to below 50 per cent, as news
reports from Jakarta suggested.
A Reuters report yesterday said Bank Indonesia was set to announce next
month a reduction in the single-shareholder threshold from 99 per cent
currently to a level below 50 per cent. It quoted unnamed sources with
direct knowledge of the plan.
A Bisnis Indonesia report, also quoting sources, said the central bank planned to limit the ownership in banks to 40 per cent for financial institutions, 30 per cent for non-financial institutions and 20 per cent for individuals. (source)
A Bisnis Indonesia report, also quoting sources, said the central bank planned to limit the ownership in banks to 40 per cent for financial institutions, 30 per cent for non-financial institutions and 20 per cent for individuals. (source)
Monday, April 16, 2012
INDONESIA - BANKING - Islamic Banking: Professional or Islamic?
www.republika.co.id - The biggest fear when someone entered the institute sharia is Islam and he must have a certain fit Islamic values. Smelling things that Islam became one of the factors that make a person frustrated trying to challenge the Islamic financial industry.
The lack of knowledge of the sharia are also factors that make a person fail to be an employee of sharia industry. This lack of knowledge was a hardship for the company in developing the potential of employees in the Islamic industry. (source)
The lack of knowledge of the sharia are also factors that make a person fail to be an employee of sharia industry. This lack of knowledge was a hardship for the company in developing the potential of employees in the Islamic industry. (source)
Saturday, March 03, 2012
SINGAPORE - FINANCE - CIMB Singapore aims to approve S$100m Islamic loans for SMEs
www.thesundaily.com - KUALA LUMPUR (March 2, 2012): CIMB Bank, which started its Islamic commercial banking operations in Singapore last year, aims to approve S$100 million this year for the small and medium enterprises (SMEs) in the republic.
"We are targeting about S$100 million for SME financing this year. At the moment, we already have about S$30 million on our balance sheet with a healthy pipeline for the full year.
"The take-up rate of Islamic financing for SMEs has been encouraging although it is very early days for the industry in Singapore," said Badlisyah Abdul Ghani, CIMB Group's head of group Islamic banking division.
He said the bank's Islamic commercial banking operation has been growing in Singapore although the Muslim community makes up less than half of the population. (source)
"We are targeting about S$100 million for SME financing this year. At the moment, we already have about S$30 million on our balance sheet with a healthy pipeline for the full year.
"The take-up rate of Islamic financing for SMEs has been encouraging although it is very early days for the industry in Singapore," said Badlisyah Abdul Ghani, CIMB Group's head of group Islamic banking division.
He said the bank's Islamic commercial banking operation has been growing in Singapore although the Muslim community makes up less than half of the population. (source)
Thursday, March 01, 2012
INDONESIA - AWARDS - CIMB Niaga Syariah Earn 3 award IBLI
www.investor.co.id - JAKARTA - Sharia PT Bank CIMB Niaga Tbk ranks first in three categories in the Indonesia Bank Loyalty Index (IBLI) 2012.
A press release from CIMB Niaga Syariah received here on Wednesday night, said the three categories are Customer Satisfaction Index (Customer Satisfaction Index), Customer Transaction Index (Index Customer Transaction), and Customer Partnership Index (Index Customer Partnership).
The assessment is based on the whole, CIMB Niaga Syariah category ranks third overall with a score of 2012 IBLI 72.7%, up from the achievements in 2011 which was in ninth position. (source)
A press release from CIMB Niaga Syariah received here on Wednesday night, said the three categories are Customer Satisfaction Index (Customer Satisfaction Index), Customer Transaction Index (Index Customer Transaction), and Customer Partnership Index (Index Customer Partnership).
The assessment is based on the whole, CIMB Niaga Syariah category ranks third overall with a score of 2012 IBLI 72.7%, up from the achievements in 2011 which was in ninth position. (source)
Thursday, February 23, 2012
INDONESIA - BANKING - CIMB NIAGA: Spin off sharia unit judged to be urgent
www.bisnis.com - JAKARTA: PT Bank CIMB Niaga Tbk will not ensure the separation of business units implement sharia and more interested in developing a dual banking system.
CIMB Niaga president director Arwin Rashid said the development of dual banking model is more challenging for the company in driving the expansion of a business unit of Islamic (CIMB Niaga Syariah).
Through this system, the company can market the products through the branch Islamic conventional. (source)
CIMB Niaga president director Arwin Rashid said the development of dual banking model is more challenging for the company in driving the expansion of a business unit of Islamic (CIMB Niaga Syariah).
Through this system, the company can market the products through the branch Islamic conventional. (source)
Saturday, February 11, 2012
INDONESIA - BANKING - Realize House of Dreams by CIMB Niaga Syariah
www.pkesinteraktif.com - Jakarta (9/2) - Having your own home is probably one of the dreams of every individual, especially for those who are already married. However, in reality the dream is not easy.
Home Ownership Financing is IB, a product of House Ownership Loan (mortgage) of Bank CIMB Niaga Syariah are present in the community and are ready to help realize the dream of dreams a good house. (source)
Home Ownership Financing is IB, a product of House Ownership Loan (mortgage) of Bank CIMB Niaga Syariah are present in the community and are ready to help realize the dream of dreams a good house. (source)
Friday, December 30, 2011
INDONESIA - BANKING - CIMB Niaga Pumps $11 Million Into Shariah Unit
Bank CIMB Niaga, Indonesia’s fifth-largest lender, has injected Rp 100 billion ($11 million) into its Islamic banking subsidiary to increase its lending, it said in a statement on Thursday. The new money brings CIMB Niaga Syariah’s capital to Rp 450 billion as of December, the statement added. (source)
INDONESIA - BANKING - CIMB Niaga Gelontorkan Rp 100 billion to the Sharia Window
Jakarta - PT Bank CIMB Niaga Tbk (BNGA) made additional capital to business units sharia Rp 100 billion. With the additional capital, paid up capital of CIMB Niaga Syariah recorded at Rp 450 billion as of December 2011.
"The addition of capital to CIMB Niaga Syariah Management CIMB Niaga is a commitment to support the growth of Islamic banking business, especially finance, and maintain a capital adequacy ratio (Capital Adequacy Ratio / CAR)," said Director of Retail Banking and CIMB Niaga Syariah Ferdy Sutrisno in a press release on Thursday (29/12/2011). (source)
"The addition of capital to CIMB Niaga Syariah Management CIMB Niaga is a commitment to support the growth of Islamic banking business, especially finance, and maintain a capital adequacy ratio (Capital Adequacy Ratio / CAR)," said Director of Retail Banking and CIMB Niaga Syariah Ferdy Sutrisno in a press release on Thursday (29/12/2011). (source)
Friday, November 18, 2011
INDONESIA - FINANCE - Mandala Finance gets US$25 million syndicated Islamic loans
JAKARTA: Mandala Finance secured a syndicated loan of US$25 million
from four foreign banks, to support sharia-based financing for
motorcycle in 2012.
The company enjoys the 4-year loan under murabaha contract, from
Islamic Corporation for the Development of Private Sector (ICD), The
Islamic Corporation for Insurance and Export Credit (ICIEC), Kuwait
Finance House Bhd (KFH), and Unit Investment Fund (IUF) of Islamic
Development Bank. (source)
Thursday, November 03, 2011
INDONESIA - TAKAFUL - AIA Financial, CIMB Niaga offer sharia product
JAKARTA: PT AIA Financial in cooperation with PT Bank CIMB Niaga Tbk.
launched on Wednesday sharia-based life insurance product Fortuna X-tra
Plus Syariah, claiming the product offers maximum protection with
optimum investment results for Indonesian customers.
“This bancassurance product is for customers who want to invest as well as get protection,” said Ferdy Sutrisno, CIMB Niaga retail banking and sharia director. (source)
“This bancassurance product is for customers who want to invest as well as get protection,” said Ferdy Sutrisno, CIMB Niaga retail banking and sharia director. (source)
INDONESIA - TAKAFUL - CIMB Niaga to Offer Shariah Product
Bank CIMB Niaga, the country’s fifth largest lender by
assets, will grow in the coming years by tapping into the underinsured
population in the region’s largest economy, an executive has said.
“At the moment, the insurance business contributes only about 7 percent to 8 percent of the total fee-based income at CIMB Niaga,” said Akhiz Nasution, head of insurance at the bank. (source)
“At the moment, the insurance business contributes only about 7 percent to 8 percent of the total fee-based income at CIMB Niaga,” said Akhiz Nasution, head of insurance at the bank. (source)
Subscribe to:
Posts (Atom)