“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Wednesday, November 12, 2008

Rabobank growth up despite crisis

The Jakarta Post, Wed, 11/12/2008 10:44 AM  

Rabobank International Indonesia is on track to hit 30 percent growth in lending this year despite adverse global economic conditions, having posted a solid third quarter financial performance. 

Loans outstanding as of the end of the third quarter stood at Rp 9.64 trillion (around US$885 million), 30 percent up on the Rp 7.47 trillion booked in the equivalent period a year earlier. 

Of total loans, 52 percent of credits were channeled to small and medium enterprises (SMEs) said Danny Hartono, bank vice president director. 

"We will try to increase the development of our corporate loan sector and we will also continue to concentrate on SMEs," Danny said of the bank's full-year growth target. 

He was speaking during the launch of a new branch office in Jakarta, which was also attended by visiting Dutch Finance Minister Maria Van der Hoeven and Indonesian central bank deputy governor Siti Fajriyah. 

Geert Embrechts, Rabobank's chief financial and risk officer, said that SMEs, food and agriculture, including crude palm oil (CPO) would remain the most promising sectors for credits despite the global financial turbulence and downturn. 

"We expect that the CPO price will stay volatile for six months, but the outlook for this sector remains positive," he said, referring to recent falls in CPO prices. 

Rabobank International Indonesia is the local affiliate of the Dutch financial giant Rabobank, which earlier in the year acquired Haga Bank and Bank Haga Kita. 

After the merger, the new entity's assets became worth a total of Rp 10.2 trillion and it is now considered to be Indonesia's largest international bank in terms of network coverage with around 95 branches, mostly spread outside of Java. -- JP/dis 


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