CIMB: This bank with the High Growth 2011

Inflation rate dropped to one of the bank's revenue growth driver.

CIMB Research estimated number of banks targeting the consumer credit market will experience high growth this year.
Banking on the basis of which the specific growth Bukopin Tbk, PT Bank BTN Tbk, PT Bank Danamon Tbk, PT Bank Central Asia Tbk, and PT Bank Mandiri Tbk.
"The inflation rate is declining also one of the drivers of revenue growth in these banks," said CIMB Research analyst, Mulya Chandra, in his research received VIVAnews.com in Jakarta.
In addition, Mulya estimates, bank credit growth this year will increase to 24.2 percent from the previous year which only 22.8 percent. It was triggered by the high bank lending during January 2011 at 1.1 percent.
"Although the loans at the beginning of each year is usually low, in January 2011 increased compared to the same period last year," he said.
CIMB Research noted, the greatest credit in the form of loan capital spending followed by credit-driven consumption is rising commodity sector. The deposit growth is estimated at Rp2.300 trillion flat or that cause the loan to deposit ratio (LDR) at the level of 76 percent.
Meanwhile, Bank Danamon is predicted to have 12 percent loan growth, followed by nine per cent of Bank Central Asia, and Bukopin as much as four percent. Meanwhile, market capitalization growth stocks and the banks reach 1-2 percent in year to date.
However, banks are not so lucky with this credit growth is PT Bank Regional Development in West Java and Banten Tbk, and PT Bank National Savings Pensioners language. CIMB Research estimated, the two banks are losing market value amounted to 11-20 percent.
Predicted credit growth is sustained by inflationary pressures - which triggered an increase in food prices - which is expected to decrease after the harvest season from March to April 2011. Figures inflation indicators are also calculated to soften due to lower food prices and the strengthening of the rupiah.
As is known, after the previous month is high enough, eventually the inflation down in February 2011. Inflation in February was recorded 0.13 percent, and even groups of food deflation.
Meanwhile, the cumulative inflation rate (January-February) of 1.3 percent and year on year (yoy) amounted to 6.84 percent or decreased when compared to 7.02 percent rate in January yoy. For core inflation at 4.36 percent.
This is slightly different from the prediction of Bank Indonesia in the early years predicted credit growth slowed. Nasution was Governor of Bank Indonesia loan growth target to reach 19-21 percent in 2011.
The delay was related to increased lending, investment grade ratings on Indonesia's debt by rating agencies.
Conditions that make companies tend to choose cheaper financing through capital markets such as bonds. Although interest rates stand at 6.5 percent in 2010, but lending rates do not fall evenly.