INDONESIA - BANKING - BNI Syariah Involve dish 10 000 Customer Feedback Orphan

www.bisnis.com - JAKARTA, PT Bank Negara Indonesia Sharia provide iftar mealsfor 10,000 orphans and the orphans through the Share Open Hasanah.
"Sharing Program Open Hasanah involve customers. By opening a savings or top up Hasanah iB iB Savings Tapenas then to give my customers a meal break for orphans and duafa, "said Imam T. Saptono, Business Director of Islamic Bank Negara Indonesia (BNI Syariah) in a press release received by Business Saturday (11/8 ).
According to Imam, a program that was held since 10 July to 6 August 2012, received a positive response from people all over Indonesia. The Company initially targeting 10 000 iftar meals in 49 branches, but its realization may exceed expectations by as much as 10 752 packets collected food for the orphans and duafa.  (source)

INDONESIA - BANKING - Improve Performance, BNI Syariah Rotation of Directors

WWW.REPUBLIKA.CO.ID, JAKARTA - In order to maximize the company's management, Bank Negara Indonesia (BNI) Syariah change the formation directors. BNI Syariah directors who previously only be filled by three men, now increased by one.
The Annual General Meeting of Shareholders held on Thursday (24/5) afternoon also discussed about the rotational position of the parent to the subsidiary. One rotation is done is to replace some of the positions of directors and commissioners.
Director of the previously filled by Rizqullah will be replaced by Dinno Indiano, who previously served as Division Leader Medium Business BNI. Director of Business who formerly held by Bambang Widjanarko will be filled by Junaidi Hisom. Junaidi previously served as Division Chief Human Capital BNI. Two other directors are the Imam Q R Jawaprawira Saptono and ACEP. ACEP before an independent commissioner position in BNI Syariah.  (source)

INDONESIA - BANKING - MURABAHAH GOLD: Islamic banks asked for BI issues new rules

www.bisnis.com - JAKARTA: Islamic banks urged the central bank would soon issue a rule for gold murabaha products, financing products to the ownership of gold in installments.
One of the immediate bank Bank Indonesia (BI) to issue rules murabaha financing agreement for its gold holdings are PT Bank Rakyat Indonesia Syariah (BRI Syariah).
"We urge the Bank to soon issue a rule the gold murabaha because the product is needed by customers," said Maryana Yunus, Head of Product Development BRI Syariah told Business Today.  (source)

INDONESIA - BANKING - BNI Syariah Micro To Open 50 stalls

www.bisnis.com - JAKARTA: PT Bank Negara Indonesia Syariah plans to open 50 outlets this year micro, add five outlets that have been launched in mid-January.

"We have launched a five outlets in the area of micro Depok and Bogor in mid-January. This year we plan to open a new outlet to total 55 units, "said Bambang Widjanarko BNI Syariah Business Director, the Business today. Sunday February 5, 2012 (source)

INDONESIA - BANKING - BNI Syariah Shutter with Tapenas Long-Term Funding

REPUBLIKA.CO.ID, JAKARTA - Bank ready to target the growth of Islamic savings plan (tapenas) a source of long-term financing. Growth funding or the Third Party Funds (TPF) BNI Syariah is targeted in 2012 jumped 30 percent.

Tapenas products, according to Director of Compliance BNI Syariah, Imam Teguh Saptono, a savings that makes the customer order to save. Because, savings can only be taken within a certain timeframe. "This product is an alternative between a regular savings and deposits," he said.  (source)

INDONESIA - REGULATIONS - Sharia banks must calculate yield risk

JAKARTA: Sharia banks are obliged to identify and manage risk from yield and investment, as the central bank makes the regulation on risk management effective starting Nov 2.

According to the new regulation on risk management, sharia banks and sharia units must apply ten risk managements. Most of the risk managements are similar to those apply to conventional banks plus two new risks, namely yield risk and investment risk. (source)

INDONESIA - MICRO FINANCE - Bank BNI Syariah ready to enter the microfinance business next year

bisnis.com - JAKARTA: PT Bank Negara Indonesia Sharia immediate penetration of micro financing business segment in 2012, with a pilot project starting in November 2011.Imam T. Saptono, Director of Islamic Bank Negara Indonesia (BNI Syariah), says the company will soon implement the pilot project (pilot project) in the penetration of microfinance in the Bogor area starting in November.  (source)

INDONESIA - REGULATIONS - Look forward to Islamic Banking Risk Management Guidance

bisnis.com - JAKARTA: Bank Indonesia was asked to issue clear guidelines in the rules of a special risk management of Islamic banks are scheduled to be published in this month.
 Imam T. Saptono, Director of Compliance of PT Bank Negara Indonesia Sharia, said two new risks that will be regulated by Bank Indonesia, the equity investment risk and rate of return risk, Islamic banks have experienced since its foundation. However, in avoiding this risk, every Islamic bank to apply a different approach, there is no standardization or clear.(source)