“ … 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.)

Saturday, December 27, 2008

Mega Bank plans 20% growth in 2009 loans

The Jakarta Post, Jakarta  | Sat, 12/27/2008 10:55 AM  

Bank Mega, publicly listed medium-sized lender, targets its bank lending to grow next year by up to 20 percent despite the forecast slowdown resulting from the global financial crisis. 

"We predict that credit growth in the first semester will be badly affected by the global economic downturn, but we will see improvement in the second," president director Yungky Setiawan said on Friday. 

According to Yungky, the bank will continue to focus on providing lending for small to medium enterprises which have contributed most to its growth in lending. 

As of the end of September 2008, the bank loan portfolio grew by 51.9 percent to Rp 19.3 trillion from around Rp 12.7 trillion a year earlier. 

"Our credit card achievement was quite satisfying," senior vice president Dony Oskaria said, underlining one of the main reasons behind continued high growth in Bank Mega lending. 

"The number of credit cards issued and financed (by the bank) grew 72.3 percent as of this September from a year earlier." 

Nine-month net profits however, declined by 3 percent to Rp 397.1 billion due to rising operational costs, reflecting bank expansion and the opening up of new branch offices. 

"We added more than 30 branches this year, which caused substantial operational costs," Dony said. "We also had to recruit almost 2,000 new employees." 

This new expansion in banking infrastructure brings the total branches of Bank Mega up to 182 across the country. (dis)

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