Cempaka Business and Economy: BI to tighten up rural bank supervision

"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. …”

Thursday, April 02, 2009

BI to tighten up rural bank supervision

The Jakarta Post, Jakarta | Thu, 04/02/2009 3:16 PM

The central bank will soon bring in a rating agency to continuously assess and monitor the performance and financial health of the country's rural banks (Bank Perkreditan Rakyats BPRs).

This step is considered necessary to ensure supervision of almost two thousand BPRs spread across the archipelago, as well as to help provide an early warning mechanism to help detect potential financial problems in the huge rural banking system.

"The sooner we can introduce the agency, the better. We don't have a clear time frame yet. Basically, it will provide ratings on rural banks financial performance," Bank Indonesia's deputy governor Muliaman said on Tuesday.

BI data shows that as of the end of January, the number of BPRs in the country was 1,767 with total credit disbursed amounting to Rp 25.4 trillion (about US$2.1 billion).

Rural Banks Association (Asbanda) chairperson, Winny E. Hassan, welcomed the plan, saying it was essential to avoid more scams and scandals like the one involving Bank Tripanca in Lampung recently.

"We cannot generalize that all rural banks could be in the same position as Bank Tripanca, but the scandal gave us an early warning that we can take note of so as to avoid worse situations in the future," she said.

Bank Tripanca was a business subsidiary owned by the owner of Tripanca Group, Sugiarto Wiharjo (Alay). The group specialized in coffee commodity trading.

Business was looking bright for Alay and his businesses until the price of coffee dropped in mid-2008. The group acquired mounting debts with Rp 450 billion (US$37.5 million) owed to 70 coffee suppliers and another Rp 1.7 trillion ($141.7 million) owed to five local banks, such as Bank Mega and Bank Mandiri.

Like a virus, the liquidity problem within the group spread to Alay's Tripanca Bank. Alay then allegedly fled abroad last November and took with him around Rp 4 trillion ($333 million) of the customers deposits.

Alay then surrendered himself to the authorities last December, claiming that his disappearance abroad was because he was looking for medical help in Singapore.

Halim Alamsyah, BI's director for banking research and regulation, said that the rating agency would use risk management measurements in determining the ratings.

"The agency will use measurements such as financial *indicators*, good corporate governance and risk mitigation for its ratings on rural banks," said Halim.

In addition to strengthening BI supervision, Muliaman said the availability of a rating would make it easier for commercial banks to measure their confidence level before taking a decision to cooperate with rural banks to bolster the banking sector's intermediary role.

Muliaman pointed out as an example the BI-initiated partnership program called the linkage program.

This revolved around cooperation between commercial and rural banks aiming at increasing loan distribution capacity for micro, small and medium enterprises (MSMEs).

"The MSME sector still has a huge potential to grow. Currently, around 50 percent of bank loans are given to the sector," Muliaman said.

"Therefore, rural banks will play a vital role as partners to public banks in providing more loans to the sector," he added.

As of February 2009, the linkage program has provided a total of around Rp 6.4 trillion in loans since its inception by BI in 2002. (hdt)

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Thursday, April 02, 2009

BI to tighten up rural bank supervision

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