Nikko Securities, BNI sign deal

Nikko Securities, BNI sign deal

JAKARTA (JP): PT Nikko Securities and state owned Bank Negara
Indonesia (BNI) signed on Friday an agreement to jointly market
their products.

Nikko director Adler Haymans Manurung (right) said that the
deal allowed Nikko clients to make investment transactions 24-
hours a day using BNI's phone plus facility.

BNI's division head for retail business development Tjuk
Suparman (left) said that the bank was expanding its retail
business.

By the end of this year, the bank aimed to have 30 percent of
its total credit in retail lending, he said.

As of September this year, he said, BNI's total credit stood
at Rp 31 trillion (US$3.4 billion).

Seen on the picture is Nikko director Tetsuo Takatsugu
(center) exchanging documents with Tjuk.(bkm)