Friday, 11 September 2009

Rabobank Indonesia sees growth in lending, assets

Rabobank International Indonesia, which has an extensive lending portfolio in the agriculture sector, expects assets to grow by between 10 and 20 percent this year, having recorded a fairly healthy first half-year performance.
“We believe we can achieve this by deepening relationship with existing clients and delivering services to new clients from corporations and small-medium enterprises,” said president director Hank Mulder. The trend would continue in the second half on the back of fairly strong economic growth. At the moment, the agricultural sector comprises 60 percent of loan product in the bank’s portfolio and as part of the effort to boost lending to the agricultural sector, the lender is rolling out several programs to help empower farmers and small companies operating in the sector including the horticulture niche market. A specialized research body is going to be established for researching on specific sectors that benefit corporations and small-medium enterprises in the country, including those involved in agriculture.
Source: The Jakarta Post, p.14, September 10, 2009

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