bank jatim domination cheap fund & focus develops micro business segment

Date: 01 october 2013

When the majority of banks running out of liquidity and tend to seek expensive funds, Bank Jatim can maintain its dominance in obtaining low-cost funds that is urrent account and Savings amounting 69.81% and maintain liquidity to the credit position of the fund of 79.60%. From the data obtained from Bank Indonesia, to the position of July 2013 Current Accounts and Savings Bank Jatim is ranked second after BCA but better than two other state-owned banks (http://www.bi.go.id). High CASA ratio is obtained from the contribution of savings increased from 6.95 trillion to 7.95 trillion or grew 13.5 percent in July 2013 position. While the position in August 2013, the savings grow better that is 15.8%.

The good achievement of financial performance on the Product Savings Bank Jatim is supported by excellence Savings Bank Jatim which has very many features, among others, payment of telephone, electricity, land and building tax, water, samsat, education, and many more. It is also supported networks among other 415 ATM Bank jatim, 50 188 ATM Bersama, 201 142 Prima Debit.

Bank Jatim continues to develop products in order to preserve and enhance the cheap funds through additional features include Internet banking, until the addition of features in SMS banking.

Then for the 2014 Bank Jatim has other seed business plan that is to develop products priority banking and debit cards are divided into silver, gold and platinum based on the amount of funds placed that support the growth of low-cost funds Bank Jatim.

In addition to product development of low cost funds, banks jatim also develop micro-credit loans especially SMEs. This year there is an additional micro units that is placed in 45 branches in Surabaya, Gresik, Sidoarjo, Kediri and Madiun then next year will be placed in 100 sub-districts in East Java through the sub branches. With micro-credit disbursement target amounting 2014 of Rp 1 trillion.

With this strategic steps, bank Jatim continues to preserve a ratio of funds cheap when tight liquidity and increasingly high interest rates expensive funds or deposits. Bank Jatim also continue to contribute to SMEs East Java with the potential of SMEs in East Java by 6.8 million SMEs. (adm/fts)