Bank targets for a two-digit TPF in 2017

November 28, 2016, 01.47 PM  | Reporter: Nina Dwiantika
Bank targets for a two-digit TPF in 2017


JAKARTA. Banks are likely to continue to focus on strengthening the liquidity in 2017. Bankers expect that the third party funds (TPF) growth in 2017 will be not much different with the credit growth in 2016.

Some major banks, estimated that the target of TPF growth in 2017 will be ranging from 9% to 11%. BI (the Central Bank) has the almost similar prediction on the target of TPF growth.
The projection of TPF growth is higher than the target of this year, which is around the level of 6%.

Director of Financial and Treasury of Bank Mandiri Pahala N. Mansury said that Bank Mandiri sets the target of TPF growth at the level of 9%-11% in 2017. The target of TPF growth is in line with the credit needs of Bank Mandiri in 2017.

Director of Planning and Operational of Bank Negara Indonesia (BNI) Bob T. Ananta is even more optimistic. He estimates the TPF will grow by 20%, while the credit will likely to have similar growth level.
In a more detail manner, Bob said that the difference between TPF and credit growths will be ranging at 1%-2%.

President Director of Bank Tabungan Negara (BTN) also targets the TPF growth at above of the level of 20%, thanks to the high demand on housing credit, which is predicted to increase by 18%-20%.

Meanwhile, President Director of CIMB Niaga Tigor Siahaan said that the TPF growth of the bank in 2017 will remain lower than the average of TPF growth of banking industry. The bank does need to raise a huge amount of TPF, since the demand for credit is still insignificant.

Furthermore, the bank will still focus on improving the non-performing loan (NPL) rate, Tigor added.

Meanwhile, President Director of Bank Central Asia (BCA) Jahja Setiaatmadja targets to manage 5%-8% TPF growth in 2017. BCA does not need to increase the deposits interest rate to achieve the target, on the grounds that the target of BCA’s credit growth will be ranging at 10%-11% in 2017. The TPF growth will be increased in the second semester of 2017 if the bank can manage a better credit growth.

(Muhammad Farid/Translator)

Editor: Barratut Taqiyyah Rafie

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