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Syariah Bukopin eyes 23 percent financing growth in 2017
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Personal touch: A teller serves a customer at the sharia lender Bank Syariah Bukopin's head office in Central Jakarta on Feb. 7, 2017. (JP/Dera Menra Sijabat)
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haria lender Bank Syariah Bukopin, a subsidiary of publicly listed Bank Bukopin, has set an ambitious growth target for its financing disbursement this year in line with the bank’s program to further expand its networks in the country’s major cities.
Syariah Bukopin business director Aris Wahyudi said financing was expected to increase by 23 percent this year to Rp 5.9 trillion (US$442.5 million), up from Rp 4.79 trillion last year. Most of the financing would be channeled to micro, small and medium enterprises.
The growth target doubles last year’s financing growth achievement of 11.43 percent.
(Read also: Bukopin boosts cheaper funds amid tight competition)
Aris said the bank, which at present has about 12 branches, would open more branches this year in the Riau provincial capital of Pekanbaru and in Denpasar, Bali, to support its financing target. In addition, the bank would open 30 more counters in Bank Bukopin’s branches.
“We actually planned to open three branches last year. But the Financial Services Authority [OJK] allowed us to open only one. We hope the OJK will permit us to open two this year,” Aris said. (dra/hwa)
