, Indonesia

Bank Panin targets eyes 25 % lending growth

PT Bank Pan Indonesia is eyeing a 25 per cent growth from its 2010 lending total of US$6.2 billion.

 

Bank Panin retail director Ken Ng explained that retail lending would account for 67 per cent of the total with the rest going to small and medium enterprises and corporations.

Interest rates will range from 10.5 to 11 percent for retail loans and 11 percent for small and medium enterprises, he said as quoted by kontan.co.id.

Ng emphasized that Bank Panin's interest rates are competitive with other banks.
 

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!