January 30, 2013

The progress of PT Bank Danamon Indonesia, Tbk. (BDMN) Investmen

Now, I try to tell you about the progress business of PT Bank Danamon Indonesia, Tbk. (BDMN).This information I got from Annual Report of PT Bank Danamon Indonesia, Tbk. 2011 ( Until 2011, Danamon have a great development in internal and external. Danamon has 68.989 of Total number of participants that attended the training programs organized by Danamon Corporate University. More than 1.508.000 of total number of small traders in traditional markets benefited from Danamon’s Pasar Sejahtera program since 2004. 16.500 of total number of employees participating in Danamon Town Hall Meetings, conducted in seven major cities across Indonesia.  62.266 of total number of employees with Danamon and the Adira Group, as at year-end 2011.
In 2011, Danamon gross loans balance expanded by 23% to Rp 101,678 billion, thus positioning Danamon as the sixth largest lender in the country with 4.6% market share. This expansion is sinergy with the Danamon strategy and encourage country’s economic growth.
Micro Lending (DSP). DSP loans portfolio give 28% contribution to mass market loans or amounted to Rp 16,433 billion. In 2011, DSP continued to strengthen its market position with the addition of more than 178 new outlets mostly in rural areas outside Java.
Auto Financing (Adira Finance). By the end of 2011, Adira Finance recorded a strong 35% growth in receivables as demand for cars and motorcycles remained robust. The Bank’s auto financing business through Adira Finance reached Rp 41,363 billion and has placed Adira Finance as the leader in the industry with market shares of 15.8% and 6.6% for new motorcycle and new car financing, respectively, compared to 15.7% and 5.2% last year.
Durable Goods Financing (Adira Kredit) PT Adira Quantum Multi Finance (commonly known as “Adira Kredit”), which offers white goods financing, grew by 18% to reach Rp 1,416 billion (2% of mass market loans and 1% of the Bank’s total loans). Computer financing continues to be the highest contributor in terms of sales and portfolio (more than 55%), followed by furniture (16%), TV (11%) and home appliance (11%).
Pawnbroking (SES). In the first quarter 2011, we officially rolled out pawnbroking businesses and by the end of the year, the outstanding loans for the newly established business was Rp 40 billion compared to Rp 5 billion last year.
Share holder’s composition of PT Bank Danamon Indonesia, Tbk.

Until the end of 2011, Danamon’s shareholders owned by Asia Finance (Indonesia) Pte, Ltd. (PT Bank Danamon Indonesia, Tbk.) amounted 67.37% (6,457,558,472/shares) and also owned by Public Serie A: 0.23% (22,400,000/shares) and Public Serie B: 32.40% (3,104,684,893/shares).
            In my view, Danamon is one of bank in Indonesia that have a good name and have a lot of customer. They can give satisfaction and more good service to their customer. And for the next year, Danamon will open wider chance for investor to joint with them.


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