PT Bank Mandiri targeting 20 per cent credit

PT Bank Mandiri Tbk (BMRI) targeting 20 per cent credit growth in 2010. Whereas until the end of 2009, will grow from 15 to 16 percent.

According to Bank Mandiri president director Agus Marto, credit growth was in line with the improving global economic crisis. "If next year (credit) will increase, because the effects of the global crisis that has begun to positive we can expect credit growth to 20 percent," he said after attending the opening of the National Summit in Jakarta, Thursday (29-10).

He said the greatest credit is estimated to be streamed to the infrastructure sector. While the credit sector is expected to export less than the previous year. "If the figures will depend on the realization of the credit in 2009, after which add 20 percent," he said.

Previously, the Ministry of State-Owned Enterprises (SOEs) to target state-owned bank credit growth could reach 23 percent in 2010, with the growth of third party funds (DPK) to 17 percent.

Meanwhile, PT Bank Permata Tbk. (Bank Permata) to third-quarter 2009 net profit of Rp500 billion or an increase of 28% compared to the same period last year. Profit increase was donated by a sustained credit growth and other operating income.

Until the third-quarter 2009 total revenues reached Rp2, 8 trillion, grew 19% compared to the same period last year, Rp2, 3 trillion. Until the third-quarter 2009 was also the Bank Permata booked net interest income of Rp 2.1 trillion, or grew 14% from the same period last year.

While other operating income grew by 40% from Rp 453 billion in third-quarter 2008 to Rp634 billion at the end of September 2009. Increased operating income etc. This business is supported by treasur