MacQ Bank Rakyat Indonesia Bank Rakyat Indo: another update from Ferry Ferry Wong (analyst) met with the investor relations team at BRI. Nothing much to add from the conference call we hosted last week. Key take-aways:
NPL inched up to above 3% in Feb ’09, vs. 2.9% per Sept-08, vs. Macq forecast of 3.7% NPL for FY09. No lending to Lapindo victims. The reason that PT Minarak Lapindo changed its appointed bank from Mandiri to BRI was mainly because of BRI’s stronger branch numbers, and the majority has an account with BRI. KUR loan going well. NPL remained low (overall NPL for KUR at 0.84% as of Dec-2008, vs. bank industry NPL at 3.8%. Some of the KUR’s customers (about Rp300-400b) have become BRI’s micro segment customers following their repayment of KUR’s loan (9-15 mo program per customer). BRI will expand about 600 micro retail outlets this year (to be called Teras BRI) to focus more on the wet market/traditional market. Ferry re-iterates Outperform rating on BRI as he thinks the bank will benefit from lower interest rate, government projects, and the government’s micro and SME loans program. The stock is on 2009 P/BV of 2.1x, ROE of 29%, and 6.5% div yield. 2009/3/12 ruzli <indeksbei3...@gmail.com>: > Hingga November 2008, enam bank yang mengucurkan KUR adalah BRI, BNI, > Mandiri, BTN, Bukopin dan BSM, dengan total kredit mencapai Rp12,03 > triliun bagi 1,56 juta nasabah. Kredit itu dijamin oleh pemerintah > melalui Perum Sarana Pengembangan Usaha (PSPU) dan Askrindo. > > Di antara enam bank pemberi KUR, BRI merupakan penyalur kredit usaha > rakyat tertinggi dengan jumlah Rp8,6 triliun atau 71,5% dari total > KUR. Pengucuran KUR BRI itu terdiri atas Rp5,75 triliun ke sektor > mikro dan Rp2,85 triliun ke sektor ritel, dengan rasio kredit > bermasalah (NPL) sebesar 0,91%. > > Sedangkan BNI menyalurkan KUR Rp1,16 triliun, Bank Mandiri Rp1,13 > triliun, Bank Bukopin Rp628 miliar, BSM Rp332 miliar, dan BTN Rp176 > miliar. > > > Pada 12 Maret 2009 06:34, Gambler.BEJ <gambler....@gmail.com> menulis: >> Wah berarti BBRI akan jelek ya performanya karena BBRI kan yg paling >> banyak KURnya, kemaren naik tinggi apa BD sedang dalam proses cuci2 >> gudang mumpung sentimennya lagi bagus. >> >> agung aja wrote: >>> Bukan nya saat ini perbankan sedang giat ekspansi kredit ke masyarakat pak >>> sepengetahuan saya, kenaikan NPL itu cenderung meningkat akibat adanya >>> program KUR ( Kredit Usaha Rakyat ) >>> konon katanya NPL untuk KUR sendiri hampir 15% bahkan lebih >>> karena banyak masyarakat yang tidak mau mengembalikan/mencicil utang >>> mereka >>> ini memang budaya yang aneh dan ajaib tetapi nyata, udah keenakan >>> pinjem duit giliran ditagih tinggal nembak ( Tar..Sok....Tar...Sok... >>> alias ntar dan besok ) malah galakan yang pinjem duit >>> hehehe >>> >>> >>> >>> regards >>> >>> >>> >>> >>> ---------------------------------------------------------- >>> *From:* cipto_jh <cipto...@yahoo.com> >>> *To:* obrolan-bandar@yahoogroups.com >>> *Sent:* Wednesday, March 11, 2009 2:29:35 PM >>> *Subject:* [obrolan-bandar] Re: Wave 5 is running >>> >>> Maaf sebelumnya mbah.. >>> >>> Sektor perbankan ke depannya memang didukung oleh trend penurunan suku >>> bunga, namun di sisi yg lain menghadapi juga ancaman penurunan >>> kualitas aktiva produktif-nya (kenaikan NPL) seiring dengan >>> perlambatan roda perekonomian saat ini yg berdampak pada sektor riil. >>> >>> Seperti berita yg dirilis ini: >>> >>> >>> http://www.detikfinance.com/read/2009/03/11/111446/1097573/5/kinerja-perbankan-mulai-melambat >>> >>> Apakah saat ini (kenaikan sektor perbankan) hy moment sesaat saja? >>> >>> Salam >>> >>> --- In obrolan-bandar@ yahoogroups. com >>> <mailto:obrolan-bandar%40yahoogroups.com>, "jsx_consultant" >>> <jsx-consultant@ ...> wrote: >>> > >>> > Wave 5 is running >>> > >>> > >>> > - Wave 5 is RUNNING >>> > - Wave 5 is an Uptrend Wave >>> > similar to Wave 3 with impulse >>> > and corection internal wave pattern >>> > - Wave 5 is dominated by Banking >>> > sector movement. >>> > >>> > http://www.obrolanbandar.com/piwihsg.htm >>> > >>> >>> >>> >>> >>> >> >> > ------------------------------------ + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + + +Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/obrolan-bandar/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/obrolan-bandar/join (Yahoo! ID required) <*> To change settings via email: mailto:obrolan-bandar-dig...@yahoogroups.com mailto:obrolan-bandar-fullfeatu...@yahoogroups.com <*> To unsubscribe from this group, send an email to: obrolan-bandar-unsubscr...@yahoogroups.com <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
