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.

BNI Syariah Branch Prima Optimistic Funding Rp 400 Billion

JAKARTA - Bank Negara Indonesia (BNI) Sharia Branch Prima funding target (the collection of funds from savings and investment) reached Rp 350 billion to Rp 400 billion. BNI Syariah Branch Manager Prima, Adjat Basarah, said it was confident with this target.

"BNI Syariah Branch Prima is the largest branch of BNI Syariah a national scale," said Adjat told Republika on Tuesday (12 / 4).

He said the branch office network expansion will also be conducted. BNI Syariah Branch Prima will open two branch offices in central Jakarta as Cempaka Putih and Menteng. This is going to be realized before the end of the first semester of 2011.

Adjat also said in the second half of this BNI Syariah Branch Prima is likely to open two other branches. "However, this is still awaiting a decision after the revised RBB center (Business Plan)," he explained.

Until now, BNI Syariah Branch Prima has three sub-branches. They are scattered in the Supreme Court Building, Building Ministry of Religious Affairs, and Sequis Plaza Jakarta. "We would be more intensive with channeling our office located at BNI Conventional," he said.

BNI Syariah Branch Prima have this service in 70 outlets Conventional BNI.

Source republika

Empower Poor Fakir, Bali Prepare Fund USD 560.16 Mn

DENPASAR - Bali Provincial Government allocated Rp 560.16 million for the empowerment of the poor and indigenous communities (KAT) in 2011. "The funds are sourced from Bali budget to handle the three activities to empower the less fortunate," said Head of the Provincial Social Drs I Ketut Susrama Bali in Denpasar, on Monday (14 / 3).

He said the fund is part of handling social problems in Bali, all of which received funding of Rp 49.61 billion, consisting of the central government (APBN) to Rp 19.37 billion and Rp 30.24 billion budget Bali. Empowerment programs to reach target 115 poor households (families) with financial support amounting to USD 432.5 million.

Community empowerment efforts are made to provide working capital assistance according to their potential and skills, which include livestock assistance in the form of cows and pigs. Ketut Susrama explained, in addition to assistance funds disbursed to the central government for the development of joint business groups (KUBE) amounting to Rp127, 7 million with the goal of reaching 118 people.

The funds also to support the coordination of activities to reduce poverty in eight districts and one city in this region, said Ketut Susrama. Bali still has 12 remote indigenous communities (KAT) spread in three districts, each of Bangli, Karangasem and Klungkung.

Bangli District has recorded the most isolated hamlets, namely six areas, the District of Nusa Penida,
Klungkung four regions and sub Kubu, Karangasem regency, the two regions. Of the 12 KAT appropriate ethnographic study by the University of Indonesia in collaboration with the University of Udayana was no attempt to eliminate keterisoliran hamlet (banjo) is.

One of the 12 KAT has been successfully handled thoroughly namely Bunut and Banjar Banjar Village Madya Trunyan, Bangli District, making it the second row is no longer considered isolated. The rest worked out gradually according to the financial support available in the future, said Ketut Susrama.

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