Sector Bank In Indonesia

Tulisan :

Sector Bank in Indonesia

According to BI data, the banking sector in Indonesia made ​​a rapid progress. Profit of 13 large banks until September of this year reaching Rp 41.3 trillion, increase up to 33.6 percent over the same period of the previous year. A total of 59.2 percent of the profit is the contribution of the four state-owned banks, namely Mandiri, BRI, BNI, and BTN.

Achievement of Indonesia's banking sector is due to monetary policy with strictly under supervision by governments and central banks, overall coordination, as well as reform and business strategy.

Under the supervision of BI, the banking sector complement the management and monitoring system, as well as continue to improve standardization and operational health. In addition, the banking sector also focused on professionalism of management and prioritizing an increase of efficiency. For example, commission, procedural costs, and non-bank interest income with an average of about 5.9 percent. Another factor, the banking industry has always revolved around the development of the national economy, so the support to national development also brings considerable profits.

BI argues, the banking system is now more perfect and more capable to deal with the risk. The menance of inflation has also been dealt effectively. Therefore, the central bank in November cut its benchmark rate to 6 percent and maintain the environment conducive for the development of the national economy. 

Source   : http://indonesian.cri.cn/201/2011/12/13/1s123625.htm