Bank Mandiri Plan To Boost Financing In Micro Sector

December 15, 2011 By: admin Category: Micro Finance

Mandiri Bank is studying the micro lending, especially in agriculture. The lack of experience makes the bank conduct a study to foray into this segment. According to Credit Officer in Mandiri Bank, ccompared to plantations, aagriculture sector is a segment of a bit difficult to be financing. Unlike the plantations that already have a nucleus estate and entrepreneurs engaged in business, agriculture does not have this type of debtor. In agriculture, business forms (including employers) a lot of small and micro sector, therefore, Officer examine carefully in order to work on this segment with the maximum effort. For example, the agricultural sector in East Nusa Tenggara (NTT) and West Nusa Tenggara (NTB), has huge prospects for cultivation. It is related to agriculture for livestock food or other food crops such as corn. Other than the eastern region, such as Papua and Maluku, West Nusa Tenggara showed significant interest on micro finance. In November of this new credit in the agricultural sector reached 14 percent, of total lending in 2011. According to BI, agricultural credit banks still around eight percent. Independently recorded total credit has penetrated Rp 264 trillion or an increase of Rp 4 trillion, from the position in October, Rp 260 trillion where the micro sector, commercial and corporate became a major supporter. Mandiri bank optimistic until the end of the year total growth will penetrate 25 percent or rises above the target that only 23 percent. However, for foreign currency loans, it was accidentally put a halt to lending due to the global crisis situation uncertain. Meanwhile, for the bank’s business plan (RBB) in 2012, he said sure the bank will continue to grow above the industry average. “Several bank officers said that their banks may grow up to two percent, of the national market that grew 18 to 20 percent”.
Bank Mandiri officer said that in all probability, bank would be able to boost credit 20 to 22 percent. This figure increased from the previously mentioned prediction that in 19 percent.