Help-the-poor savings

Help-the-poor savings

JAKARTA (JP): Bank Putera Multikarsa has introduced a help-the poor savings program to support the government's efforts of alleviating poverty in the country.

Under the three-month program, the bank has committed to setting aside a Rp 2,000 (86.5 U.S. cents) to Rp 5,000 fund, which is not taken from its clients, for every new savings account or deposit opened, the bank's marketing manager, Willijardi Halim, said yesterday.

The program is called Bulan Peduli Sosial (Social Concern Month).

He said that the bank, formerly named Putera Sukapura Bank, is now preparing to become a foreign exchange bank this year.

The bank's assets increased from Rp 282 billion to Rp 658 billion after Texmaco Group -- one of the largest textile producers in Indonesia -- took it over last February. (13)