Hashim to maintain position as BPS's main shareholder
Hashim to maintain position as BPS's main shareholder
JAKARTA (JP): Hashim Djojohadikusumo will maintain his
position as the majority shareholder in Bank Papan Sejahtera
despite his withdrawal from the supervisory board, the bank's
president Al Njoo said yesterday.
Al said Hashim, who controls investment company Tunamas
Paduarta, resigned as the bank's chief commissioner because he
was too busy to manage the supervisory board.
"His nonactiveness in the bank's supervisory board is due
solely to his current bustling activities," he said.
Al dismissed an allegation the central bank, Bank Indonesia,
ordered Hashim's resignation for his failure to manage several
banks, including Bank Industri, well.
"I don't see any relationship between the two issues," Al said
after launching the bank's credit card service.
Hashim, the son of noted economist Sumitro Djojohadikusumo,
bought 19.8 percent of the bank in late 1995, 11 percent of this
was from Jopie Widjaja who had taken over the stock from the
bank's founders a few months earlier.
He resigned as chief commissioner on Aug. 23 last year, but
the resignation was not made public until last September.
Besides Bank Papan, Hashim has shares in Bank Universal and
Bank Pelita. He, who is the largest shareholder in Bank Papan, is
also the president of several other companies, including PT Semen
Cibinong,
Yesterday, Bank Papan launched a credit car service in
cooperation with Visa and a 20-hour telephone service to
accompany the credit card service.
Al said the bank spent about Rp 10 billion on the credit card
and telephone service operation called Pulsa Papan. They start
May 1.
He said the bank expected to net at least 50,000 credit card
customers this year in Jakarta, Bandung, West Java, Semarang,
Central Java, and Surabaya, East Java.
He said the bank would launch the credit cards in Medan, North
Sumatra, and other cities outside of Java next year.
"There is a big market for credit cards in Indonesia, as it is
becoming a common means of payment," he said.
Only 1.3 million Indonesians have credit cards.
He said the credit card service would contribute between 15
percent and 20 percent of the bank's total income this year. (02)