milad to 4, bank jatim sharia launch pawn ib barokah
Date: 26 august 2011Categories : All News
Anniversary of the fourth Sharia Bank Jatim marked by the launch of new products, the Pawn iB Barokah. The launch was conducted Director of Agribusiness and Sharia Partono in office Jl Raya Darmo 105-107 Surabaya, Thursday (25/8). Sharia Business Unit Bank Jatim founded on August 21, 2007 to coincide with the 8th Shaban 1428 Hijri. Partono expects with the launch of this new product can meet the needs of the community to raise funds quickly with excellent service has been the characteristic of the banking industry. Pawn Barokah iB is the a bank loan facilities granted to customers under agreements, the customer is physically pawning valuables either in the form of gold bullion or jewelry as collateral for the debt, then the issuing bank as evidence letter pawning
Products Pawn iB Barokah, he added, aims to provide a solution for customers who need short-term funds for such urgent need for short-term working capital, the need for school, holidays and so on. There are several features of Pawn iB Barokah include:
- Using Qard contract, Rahn and Ijarah
- The loan period at least 10 days, a maximum of 120 days (4 months) and can be renewed
- Loans can be up to 100% of the value estimate
- Flexible repayment arrangements
- Redemption before the maturity is not subject to penalty
- Maintenance costs are paid at the time of redemption
Partono also mentioned the potential growth of Islamic banking in East Java is still very prospective and the wide open future that opened up opportunities for Sharia Bank Jatim in providing the best service to the sharia community and customers. Bank Jatim Sharia run operations sharia through an sharia branch in Surabaya, three sub-branches sharia in Sidoarjo, Gresik and Sampang and 37 office channeling or service office sharia (KLS) in all branches of Bank Jatim.
Through 42 service points that spread throughout the city-districts of East Java province, including on the island of Bawean Kangean and showed commitment and sincerity to get closer Bank Jatim sharia banks services to the people of East Java.
Explained, growth Jatim Sharia Bank in June 2011 year-on-year (2010-2011) on the assets grew 105% from Rp 117 billion to Rp 241 billion, financing grew 95% from Rp 81 billion to Rp 157 billion, deposits grew 92% of Rp 61 billion to Rp 116 billion and profits recorded in June 2011 was USD 1.7 billion or grew more than 200% compared to same period last year.
The achievement will continue to be improved in the coming years considering the potential and interest of people of East Java very high to utilize the products and services sharia banks. However, as in other business sectors the option of course would be directed to the bank that has a service point close to the activity of the target market, the quality of service excellence and product innovation continue to be pursued always conform to societal expectations, he hoped.