Mon, 12 Jul 2010

Jakarta (ANTARA News) - Bank BNI Director Gatot M Suwondo said his bank in the next two years would focus on the financing of favored industries in the regions.

"We are now studying the conditions of selected industries in every region in the country that we believed could receive our facilities," the BNI director said here on Sunday.

He said that his side had assigned an economist to study favored industries which had the potentials to receive BNI`s financing facilities in the regions.

"After we know it, then we will prepare the needed infrastructure, human resources and others," Gatot said.

In North Sumatra, for example, the potential industries to receive the bank`s assistance included agro industry in the plantation sector, he said.

This year BNI has set itself the target of extending credits up to 15 - 18 percent. Up to the first quarter of 2010, BNI`s credit extension had reached Rp118.17 trillion, which consisted of Rp51.37 trillion or 43 percent for small and medium sized entrepreneurs.

Credits provided for corporates and international credits accounted for 38 percent or Rp44.49 trillion, for consumers 16 percent worth Rp19.09 trillion and sharia-based financing three percent or Rp3.22 trillion.

He said that over the last two years his bank allocated Rp10 trillion for the infrastructure, and of the amount only Rp7 trillion had had its agreement signed. However of the already signed agreements, only about 20-30 percent had been adsorbed.

In the meantime, the amount of allocated credits for generating plant projects was also Rp10 trillion, of which the absorption only reached Rp2 trillion to Rp3 trillion. (*)