alamatgue.com

Jakarta, 12 Nov 2009 – Indonesia’s economic growth next year is predicted to improve or by 5.3 percent compared to 2009 this year is estimated to reach only 4.5 percent.

Infobank Research Director Eko B. Supriyanto said that economic growth next year will still be driven by consumer sector continues to improve following the economic recovery from the global crisis. “Economic Growth in 2010 is estimated to still be better than in 2009,” he said, when Infobank Outlook Seminar 2010 , at Hotel Mulia, Jakarta, Thursday (12/11).

Economic growth projections are more pessimistic than the government estimates that projected economic growth in 2010 will reach 5.5 percent. As for this year, the government estimates economic growth will be in the range of 5 percent.

Eko said further, that export performance continued to improve and increase will encourage economic growth next year. In addition, investment is also expected to rise in line with the commitment of the government of President Susilo Bambang Yudhoyono II period to boost investment. “Improved infrastructure is a hope that will bring investment to Indonesia. Increased private spending and foreign investment is very important because the hope of spending would not be easy,” he said.

The State Bank Capital Running Low

Or capital adequacy ratio Capital Adequacy Ratio (CAR) state-owned banks continue to decline. As of September 2009, CAR state-owned banks only 13.27 per cent, whereas in August 2009 still reached 15.70 per cent.

President Director of PT Bank Tabungan Negara (Persero) Lantaro Iqbal said the decline in CAR due to a state bank credit expansion. The problem, says Iqbal, that credit was not accompanied by vigorous capital increase by the government as owner of the bank. “The consequence is the bank’s capital adequacy was declining,” he told Cash, Wednesday (11/11).

In BTN, the original capital adequacy ratio in the range of 15 percent. However, the end of September, they declined CAR to around 13 percent-14 percent. “Improvement in the economy and the growing demand for housing loans disbursed loans made us bigger,” said Iqbal.

President Director of PT Bank BNI Tbk Gatot Suwondo argues, in addition to the influence of credit distribution, the state bank’s CAR also slumped as some of their subordinated bond issue is due.

In fact, during this subordination of the bonds can be counted as bank capital. “Because of that, many banks have started issuing subdebt to strengthen capital and credit expansion,” he added.

According to Billy, every BNI disbursed loans amounting to Rp 1 trillion, it will reduce the CAR of 0.20 percent. According to Bank Indonesia Banking Statistics, Bank BNI asset value as of the end of the third quarter of 2009 amounted to Rp 201.53 trillion. Public funds amounting to Rp 163.31 trillion, and the distribution of Rp 120.13 trillion credit.

As for BTN, this year has been distributed in net new loans of Rp 6 trillion in outstanding loans that reached Rp 38.114 trillion. The composition of credit in BTN consists of housing loans and the housing industry at 95 percent. “Credit the rest, by 5 percent, flowed into other sectors,” said Iqbal. ARP