HSBC Amanah Asset Increase Focus

HSBC Amanah Asset Increase Focus

JAKARTA - Sharia The Hongkong Shanghai Bank Corp (HSBC) Indonesia, HSBC Amanah, focus its activities in 2011 to improve the asset. Head of HSBC Amanah, Herwin Bustaman, said that since the double tax on the commodity murabaha 2010 and then abolished, HSBC Amanah find the confidence to release new products to spur growth.

"Now, we've only dared to remove the product," he said when met Republika. In addition to leasing, HSBC Amanah began issuing new financing products such as warehouse financing, mortgages (mortgage), as well as a number of contract-based products murabaha and mudaraba.

For now, Herwin mentions warehouse leasing and financing will be a flagship HSBC Amanah. Financing scheme that is used is the result of the development of products that already exist in other branches of HSBC Amanah abroad.

Especially for leasing, HSBC Amanah using ijara contract. As for the warehouse financing, the bank uses murabaha contract.

Sharia BRI Microfinance Aims 30 Percent

Bank Rakyat Indonesia (BRI) Syariah microfinance growth target to 20 percent. According to BRI Micro Banking Group Head of the Sharia, Sigit Suryawan, it targets the growth of micro-financing of Rp 504 billion to Rp 1.7 trillion.

''In 2010, the microfinance portfolio is still small, compared to total financing, it is still below five percent,''he said when met after the Customer Gathering Republika Customers and Prospective Customers Syariah BRI Micro, Sunday (13 / 3). Financing is still dominated by the People's Housing Credit (KPR) and the Pledge.

In addition to increasing socialization of micro financing to customers and prospective customers, BRI Syariah also apply margin below competitors. BRI Syariah waqf was going to issue a coupon to the function as a revolving fund.

BRI Syariah microfinance using murabahah. In this contract a bridge bank sales with customers. Looking ahead, BRI Syariah will add two new contract, namely Ijarah and musyaraqah mutanaqisas.

Ijarah is a lease agreement where the rights of the purchases made still owned bank customers, but will be given a transfer if it is up to the deadline.

While musyaraqah mutanaqisas is providing working capital to the customer. Where the customer would make payments to repay so that the next partial ownership of banks may become the property of the customer.

Ceiling microfinance at BRI Syariah is at USD 5 million to Rp 500