State Pawnshop Company Targets 1.000 Outlets

Thursday, 26 February, 2009 | 13:57 WIB 

TEMPO Interactive, Makassar:State-owned Pawnshop Company CEO Chandar Purnama said his office has targeted an additional 1.000 outlets in order to loan out Rp48 trillion in credits by end of 2009. The amount of the credit has increased compared to last year’s Rp33,5 trillion. “We are adding the outlets to improve our services,” Chandra said in Makassar yesterday. 

Besides adding more public outlets, the Pawnshop has developed syariah pawnshop outlets. Out of the 2.089 outlets throughout Indonesia, 126 of them are syariah outlets. The expansion of these syariah outlets has been quite impressive. On May last year, there were only 54 syariah outlets, and their numbers already reached 126 units by the end of the year. “Even so, their contribution remains low,” Chandar said. 

According to Chandar, his office plans to have 3.000 outlets by April 1. These outlets will be spread throughout the country and will be located at traditional markets, modern markets, and shopping centers. The Pawnshop is aiming for a target of Rp1,2 trillion gross profit by this year compared to Rp900 billion last year. 

Irmawati