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BR INDONESIA TARGETS 20% GROWTH IN CORPORATE CREDITS IN 2009.
JAKARTA, Jan 1 Asia Pulse - Bank Rakyat Indonesia (BRI) is targeting a 20 per cent growth in its corporate credits in 2009, the bank's corporate director, Sudaryanto Sudargo, said here Wednesday.
"I am sure our corporate credits will grow by 20 per cent in 2009 on account of the fact that many potentials still have to be tapped," he said.
He said corporate credit until late this year were estimated to stand at Rp30 trillion (US$2.8 billion). "So in 2009, at least 20 per cent of Rp 30 trillion or a growth of Rp6 trillion can be achieved," he said.
BRI's finance director, Abdul Salam, meanwhile, said the bank targeted growth in credits in the market in 2009. "We are convinced that we will be able to record a growth above the average credit for industries," he said.
He ...
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...launched a credit indexed-note default index. CINDI is comprised of a pair of indices which track "the most liquid corporate credits in the U.S. and European credit default swap markets. "These indices address the need for greater transparency in...
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...Indonesia's largest private banks PT Bank Central Asia said it aims to disburse Rp5 trillion (US$555 million) in new corporate credits this year. The oil and gas and telecommunication sectors would be the main targets of credit expansion, Corporate Director...
- Polish M3 money supply grows 1% in June, corporate credits remain dormant.
- Newspaper article from: Poland Business News July 14, 2004 700+ words
Polish M3 money supply grows 1% in June, corporate credits remain dormant Warsaw. July 14. INTERFAX-EUROPE - Polish corporates failed again to dive into fresh debt in June, as total...
