Encouraged Islamic Bank Financing Productive sectors Login

Wednesday, February 9, 2011 Label:
Bank Indonesia expecting financing in Islamic banking sector can be increased by about 40 percent in 2011. In 2010, the finance sector grew by about 44 percent to Rp 68.18 trillion from Rp 46.88 trillion in 2009.
To boost this sector, the central bank through the IB plans to enter the expo which is more directed to productive financing, such as agriculture. "Time to start thinking of Islamic banks to explore financing productive," said Director of Islamic Banking BI, E Mulya Siregar.
Diutarakannya, during this, the financing of Islamic banks still leads in terms of consumptive. ''As the project investment is not much walking. Everyone's still wait and see,''he said.
Islamic banking profit rose 32.91 percent over the same period last year to Rp 1.05 trillion. This figure is derived from the income and expenses net of estimated tax.
Of the total revenue of Islamic banks and Islamic business units to increase revenue up to 23.88 percent to Rp 11.11 trillion. Meanwhile, from the load side of Islamic banking, Islamic banks spending reached Rp 9.81 trillion, or there is an increase of 20.5 percent compared to last year, which reached Rp 8.14 trillion.
Mulya said increase in profits could not be separated from growth financing. This growth occurred because the funds collected by the existing banks also increased with tight, so as to finance credits.
''This is what makes an increase in profits for them. With increased funding, the rate of non-performing Financing (bad debts) awake, so normal,''he said.
 
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