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BJB Bank & Bank Sulut Establish Channeling Partnership

BANDUNG - Trust of national banks to PT Bank Sulut under the leadership of President Director PT Bank Sulut Jeffry Wurangian are upswing. This belief is bearing fruit. Bank sulut mainstay of this community in the cooperative credit sector by PT Bank Jabar Banten Regional Development Tbk (Bank BJB). Two BPD has signed an agreement whereby the Bank is ready to channel forwarding loan BJB (channeling) worth Rp 500 billion and Rp 50 billion worth of loan subordinary to strengthen the Bank`s business expansion North Sulawesi. "This cooperation agreement in an effort to strengthening Bank of North Sulawesi capital need in order to expand in the North Sulawesi region. Loan capital strengthening inter-regional development banks (BPD) is done for the first time "said Director of Bank BJB, Bien Soebiantoro in Bandung yesterday (6 / 10). The signing of channeling cooperation is carried out by the Managing Director of Bank BJB, Bien Soebiantoro with the Managing Director of Bank of North Sulawesi; Jeffry J Wurangian at Bank headquarters in the street Naripa BJB, Bandung, West Java. Bien said the cooperation with the Bank of North Sulawesi is a synergy between the regional development banks in strengthening capital and business expansion. "As a banker, this is the first time have been made a loan agreement between Banks for capital strengthening, and is expected to be a model for another banks to reinforce each other capital," he said. Partnership with Bank of North Sulawesi, he said, based on the bank`s business good performance , as reflected by the growth of business volumes, deposits and loans as well as with regard to the potential and business prospects. Bien said the cooperation is one wajud synergy in the banking sector are equally visionary to improve people`s lives and national economy. System subordinari channeling and loan, said he is one of the bank`s business strategy is dotuangkan BJB in a work plan in 2011. Meanwhile, the Bank of North Sulawesi, capital strengthening measures is a mandate of the General Meeting of Shareholders (AGM) held some time ago. Subiantoro said subordinated loans and channeling the low-risk, healthy karana debtor is a bank with good growth in financial performance. "We are assessing the Bank of North Sulawesi has a good performance. Strengthening capital through subordinated loans scheme is expected to further encourage the growth of North Sulawesi as well as spur performance BPD Bank BJB, "he said. Channeling dab subordinated loan scheme is a breakthrough to help other BPD need fresh capital. Subordinated loans to banks sulut tenured 8 years. "We are ready to support banks that need capital strengthening. However, we do not make a special budget of how much funding will be allocated if there are banks that require an injection of funds, "he said. According to Bien, BJB Bank and Bank of North Sulawesi have the same vision, namely to promote the economy, both at regional and national levels. Therefore, he said, need to be established synergy between banking as akselator driving economic growth. Meanwhile, President Director of Bank of North Sulawesi, Jeffrey J Wurangian mention this cooperation in an effort to strengthen the capital of North Sulawesi bank credit expansion. "Banks of North Sulawesi in the process of `going public` and the expansion continues to be one of them through the strengthening of capital. Until now the Bank of North Sulawesi has reached the fourth bond, "said Jeffry. Managing Director of Bank of North Sulawesi to mention, at the age of 50 years Such banks continue to maximize the economic potential and mesyarakat North Sulawesi, one of them as a port of exit in the Asia Pacific region. Furthermore, the Regional Development Banks says Jeffry Flammable learn a lot from the success of Bank BJB has floor in the stock market. "This collaboration is strategic for the Bank of North Sulawesi sanngat, not just capital but also in strengthening cooperation in the development of business expansion, more broadly," said Managing Director of Bank of North Sulawesi is familiarly called JW was added. Wurangian said the business potential in the region of North Sulawesi is quite large, visible from the economic zone development continues. "It was like, it`s a big potential in North Sulawesi, but we lack the fuel to work on these things. Subordinaari loan to strengthen the capital is expected to be the solution, "he said. Jeffry said the strengthening of major capital towards the vision of BPD Regional Champion as the direction of Bank Indonesia. One of the points in this vision, he said, is about 40% of BPD loans should be channeled to productive activities and about 70% of funds collected are public funds. "We Sadang seeks to boost lending to productive sectors. Channeling of BJB Loan Bank also planned to be channeled back to productive credit, "he said. (Adv.ham)