INDONESIA - FINANCE - Muamalat energy sector led syndicated loan of U.S. $ 61 million

www.bisnis.com - JAKARTA: PT Bank Muamalat semester I/2012 Inc. will lead the syndicate for financing investments and working capital of U.S. $ 61 million to the energy sector and trade.
Director of Corporate Bank Muamalat Luluk Mahfudah disclose the financing consists of U.S. $ 21 million to build a steam power plant (power plant) and U.S. $ 40 million will be allocated for trade credit."For a syndicated financing plan for the energy sector is already done in us, that we're ready, just waiting for any response from other parties. For trade finance is still on progress [development stage]," he said in Jakarta, Wednesday, April 25, 2012.   (source)

INDONESIA - BANKING - Bank Muamalat to Fund Renewable Energy Projects

www.investor.co.id - JAKARTA - PT Bank Muamalat Indonesia Tbk (BMI) to fund renewable energy projects with a total disbursement of Rp 782.9 billion. This figure is taken from Muamalat financing in the energy sector amounted to Rp 2.25 trillion.

"So our target market is still in the sector and based on the data we have, at present there are approximately 13 such projects," said Director of Corporate BMI Luluk Mahfudah here on Tuesday during a press conference about the exposure of the performance of BMI in 2011. (source)

INDONESIA - BANKING - Muamalat to Increase Financing of Energy Sector

REPUBLIKA.CO.ID, JAKARTA - Bank Muamalat will increase the portion of corporate finance to the energy sector. This is because the sector is considered more resistant to shocks of economic crisis.
According to Director of Corporate Bank Muamalat, Luluk Mahfudah, the impact of European debt crisis in the next year into consideration to find the finance sector. Financing for long-term projects would be preferred for corporate financing. "Next year, corporate finance is still in the energy because we anticipated macroeconomic conditions," he said, Wednesday (28/12).  (source)