BankPos aims for customer expansion<\/p>\n
JAKARTA (JP): PT Bank Pos Nusantara (BankPos), which was
\nofficially launched here yesterday, targets to significantly
\nincrease its customers to at least one million by 2002 from 3,000
\ncurrently registered, the bank's president Robert Leman said
\nyesterday.<\/p>\n
BankPos, previously called Bank Rajawali, is 64.67 percent
\nowned by PT Telekomindo Primabhakti, 10 percent by state-owned
\npostal company PT Pos Indonesia, 10 percent by the pension fund
\nfoundation of Pos Indonesia, 5 percent by the pension fund
\nfoundation of state-owned PT Telkom, 2.25 percent by PT
\nDhanaswara Utama and 8.08 percent by PT Telekomindo Kapital.<\/p>\n
The bank was formerly 97 percent owned by Telekomindo
\nPrimabhakti and 3 percent by Dhanaswara Utama. The two companies
\nand Telekomindo Kapital are controlled by businessman Peter
\nSondakh.<\/p>\n
According to Leman, BankPos now has Rp 535 billion total
\nassets, increasing from Rp 505 billion (US$57.4 million) as of
\nDecember 1996.<\/p>\n
\"The capital is now Rp 150 billion, up from Rp 100 billion at
\nthe end of last year,\" he said.<\/p>\n
The bank's profit reached Rp 7.8 billion as of last month, a
\n85.71 percent increase from Rp 4.2 billion at the end of 1996, he
\nadded.<\/p>\n
\"With Pos Indonesia's participation as a shareholder, we will
\nsoon open 57 branches nationally by the end of this year,\" Leman
\nsaid, adding that the bank targeted to have Rp 3.0 trillion in
\nassets by 2002.<\/p>\n
He said that BankPos was ready to compete with 239 banks
\ncurrently operating throughout Indonesia. BankPos would target
\nsmall and medium enterprises and other potential customers in the
\nmedium and low income groups, he said. (icn)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/bankpos-aims-for-customer-expansion-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}