BRI's non-performing loans reach Rp3.72t<\/p>\n
JAKARTA (JP): Non-performing loans of the state-owned Bank
\nRakyat Indonesia (BRI) reached Rp 3.72 trillion (US$1.69 billion)
\nor 19.05 percent of its outstanding loans as of April, a senior
\nexecutive of the bank said.<\/p>\n
BRI's president, Djokosantoso Moelyono, said yesterday that
\nthe amount of non-performing loans in April was lower than the Rp
\n4.09 trillion, or 21.8 percent, of outstanding loans recorded as
\nof last December and the Rp 4.67 trillion, or 24.7 percent,
\nrecorded as of December 1993.<\/p>\n
Non-performing loans recorded as of April comprised of 7.43
\npercent of lending provided for large-scale borrowers, 4.33
\npercent for medium-scale companies and another 7.29 percent for
\nsmall-scale firms.<\/p>\n
Speaking at a hearing with the Budgetary Commission of the
\nHouse of Representatives, Djokosantoso said that total unpaid, or
\nbad debts reached Rp 1.75 trillion, or 8.9 percent, of its
\noutstanding loans as of April.<\/p>\n
Bank Indonesia Governor J. Soedradjad Djiwandono told a House
\nhearing last week that the amount of bad loans at state-owned and
\nprivate commercial banks rose again, to 4.24 percent, as of
\nApril, from 3.99 percent, as of last December and 3.88 percent as
\nof September last year.<\/p>\n
Total bad debts at the seven state-owned banks reached Rp 7
\ntrillion as of April, of which almost Rp 3 trillion was recorded
\nat Bank Pembangunan Indonesia, he said.<\/p>\n
At yesterday's hearing, Djokosantoso said that Rp 904 billion
\nof total bad debts occurred in BRI's small-scale lending segment,
\nRp 498.1 billion in the medium-scale lending and another Rp 357
\nbillion in the large lending portion.<\/p>\n
Its total assets rose slightly to Rp 26.16 trillion as of last
\nDecember from Rp 25.13 trillion as of December 1993 and Rp 24.93
\ntrillion as of the end of 1992.<\/p>\n
Its outstanding loans dropped to Rp 18.81 trillion as of last
\nDecember from Rp 19.02 trillion as of December 1993. Outstanding
\nloans as of the end of 1992 reached Rp 17.80 trillion.<\/p>\n
BRI, which extends more than 60 percent if its total lending
\nto small and medium-scale borrowers, booked a consolidated pre-
\ntax profit of Rp 157.82 billion last year, rising from Rp 107.82
\nbillion in 1993.(hen)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/bris-non-performing-loans-reach-rp372t-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}