INDONESIA - BANKING - Pawn GOLD: Disbursement Danamon Syariah reach Rp154, 4 billion

www.bisnis.com - JAKARTA: The total disbursement of gold pawning business lines Sharia business unit of PT Bank Danamon Indonesia Tbk reached Rp154, 4 billion by June 2012 or grew 137% compared to the end of 2011 amounting to Rp65 billion.

Director of Islamic Banking Danamon said Herry Hykmanto surge financing through lines nisnis Gold Solution due to Danamon Syariah high demand by the public.

He describes the activities of the Islamic gold pawn is one solution for community groups who have difficulty accessing finance from banks.

"We will add branches to 150 branches from 141 in August held at this time. Branch will be scattered in Central Java, Bali, Batam and Tanjung Pinang," he said during a press conference today, Monday (07/23/2012).  (source)

INDONESIA - BANKING - Bank Danamon shariah unit to inject capital

www.kontan.co.id - JAKARTA. Bank Danamon Indonesia will increase its capital to Danamon Syariah worth Rp 344 billion, so that at the end of 2012 the total capital increased to Rp 500 billion. This cash infusion to maintain a capital adequacy ratio or capital adequacy ratio (CAR) at position 12%.Danamon Syariah this year targeting business growth of 30%. If no additional capital, the CAR at 12% level by the end of June 2012, could be eroded again. "Therefore, the holding company is committed to increase its capital to $ 344 billion. Was to maintain the CAR at this time," said Herry Hykmanto, Director of Danamon Syariah, a few days ago.  (source)

INDONESIA - BANKING - Danamon Syariah added 20 branches

bisnis.com - JAKARTA: Islamic business unit of PT Bank Danamon Indonesia Tbk has increased the number of branches as many as 20 units in 2 months, bringing the total branch now consists of 51 units.

Herry Hykmanto, Director of Danamon Sharia, said the company continues to increase the amount of tissue in the form of a branch office or branch office since last Ramadan.

"In the fasting month of August, the number of branches we are only 31 now reached 51 offices," he said yesterday. (source)

INDONESIA - BANKING - 2013, Danamon Syariah Spin Off Plan

Jakarta (4 / 8) - Sharia (UUS) Bank Danamon plans to spin off into Sharia Commercial Banks in 2013. This was disclosed Danamon director Herry Hykmanto on the sidelines of the launch of Gold Solutions product in Jakarta, Wednesday (3 / 8).

Herry said that it did until now there has been targeting the UUS Danamon may spin off. However, the discussion continues to spin off done internally. At the end of the year are expected to have final discussions. (source)