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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Bank Jatim to use Rp 1t from IPO for SME loans

  • The Jakarta Post

| Fri, July 13 2012 | 09:10 am

PREMIUM PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim), which began trading on the Indonesia Stock Exchange (IDX) of Thursday, says its lending in the first half has reached 94 percent of its full-year target.

Bank Jatim president director Hadi Sukrianto said that the bank’s total lending touched Rp 18 trillion (US$1.9 billion) in the first half of 2012, up 12 percent from the same period la...