Cempaka Business and Economy: Mandiri, BCA, BNI expect hard times in ‘09

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Tuesday, March 31, 2009

Mandiri, BCA, BNI expect hard times in ‘09

Aditya Suharmoko and Benget Besalicto Tnb., THE JAKARTA POST, JAKARTA | Tue, 03/31/2009 11:15 AM

Although the global economic crisis has hit Indonesia’s financial sector since last October, three of the nation’s top-five banks posted healthy growth in 2008 profits.

State-run Bank Mandiri and Bank Negara Indonesia (BNI), as well as privately-owned Bank Central Asia (BCA), enjoyed more than 20 percent increases in net profits last year as lending rose.

The rate of non-performing loans (NPLs) of the three lenders, all publicly listed, also improved, staying below the central bank’s maximum tolerance limit of 5 percent.

Mandiri, the largest bank by assets, posted a 22 percent growth in net profits last year up to Rp 5.31 trillion (US$459.8 million) from 2007, president director Agus Martowardojo told a press conference.

BNI, the fourth largest bank, scored higher net profit growth of 36 percent last year to Rp 1.22 trillion from a year earlier, said BNI president director Gatot M. Suwondo.

BCA, the largest bank, reported a 29 percent growth in net profits last year to Rp 5.8 trillion.

The bank also had its biggest quarterly gain in profits in nearly five years in the fourth quarter of last year, just when the impacts of the global financial turmoil started to hit home.

“During the hard times last year, which were full of challenges, BCA remained focused on maintaining sufficient liquidity and a strong capital base,” BCA president director Djohan Emir Setijoso told a press conference.

The encouraging performance of the banks was largely due to the rapid expansion of lending last year, although lending growth slowed in the last quarter. Full-year, the country’s banking industry booked around 30 percent growth in lending last year, from a year earlier.

Turning to this year however, it is anticipated the negative impact of the global credit crunch

is likely to peak soon, which has forced the central bank to cut Indonesia’s forecast economic growth, so the banks expect hard times during this year.

Earlier, the central bank expected lending this year to reach around 16 percent, only about half of last year’s lending growth.

Greater challenges are expected this year from weakening demand as a slowing economy means businesses will stop expansion, which in turn will push demand down.

Meanwhile, as demand falls, businesses may have problems repaying existing loans, triggering a rise in Non Performing Loans (NPLs).

Mandiri chief financial officer Pahala N. Mansury admitted there could be a potential increase in NPLs, although “not by much.”

“We have prepared (for a rise in) NPLs against the recent macroeconomic conditions.”

Mandiri’s gross NPLs stood at 4.7 percent last year, just below the 5 percent maximum tolerance set out by the central bank.

Pahala also said Mandiri still aimed at lending growth of between 10 percent and 15 percent this year despite the fact the central bank had cut its economic growth forecast to between 3 and 4 percent.

“We are still optimistic even though there is a (BI) revision for our gross domestic product (GDP). But if the economic conditions get worse, we might revise our lending growth” he said.

Mandiri corporate banking director Abdul Rachman added the bank had talked with debtors regarding a possible rise in bad debts.

Echoing Mandiri’s optimism, BNI also expects a modest increase in NPLs. “For 2009, we will not be too confident. We will see real sector (problems), but we will try to keep (NPLs) below 6 percent,” said Gatot.

Last year, BNI’s gross NPLs stood at 4.9 percent.

BCA also predicted a rise in NPLs as exporters were affected by the global financial crisis. The central bank has said exports may contract by as much as 28 percent this year.

“BCA’s NPLs this year will increase due to the economic hard times, particularly from lending in the export sector,” said Setijoso.

”And if possible, we can always increase our provisions. In case there may be one or two troubled debtors, we are ready,” he added.

BCA expected a 15 percent increase in lending growth this year. “This is the minimum (growth). If the economy is growing better than expected, it could be more.”

Setijoso said the BCA loan portfolio would include 35 percent for corporates, 40 percent to small and medium firms, 20 percent to property and 5 percent for personal loans.

Cempaka Business and Economy

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Tuesday, March 31, 2009

Mandiri, BCA, BNI expect hard times in ‘09

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