Saturday, 21 March 2009

JAKARTA BUSINESS


JAKARTA
Bankers assess all the major banks can act as facility agent in the establishment of fund pooling along the treasury function and have international banking function adequately.

Wapresdir Bank Internasional Indonesia (BII) Sukatmo Padmosukarso the pooling liquidity fund or consortium must operate as a consortium. "So there is facility agent and so forth that manage and make decisions when, to whom and how the price of the placement of these funds is done. All major banks can act as facility agent in the establishment of fund pooling along the treasury function and have international banking function adequately," he said to Bisnis.com, not this old.

Initiated a consortium of central bank liquidity with the banks last month, in order to erase segments of the funds. Skemanya, bank liquidity put more money in one place and then distributed to drag the bank liquidity. This needs to be done because the money market antarbank (PUAB) not running due to the crisis to the creditor bank trust bank debitor. This estuary is in the interest rate is still high when the reference interest rate of BI Rate is down at the lowest point.


Wadirut Bank Jasa Jakarta Lisawati the situation in the money market has not changed much. "Hear-hear big banks are still selective in determining its counterpart. We rarely enter the market as liquidity is still sufficient," he said when dimintai feedback about the situation antarbank money market at this time.

The banks are reluctant to put funds in a consortium of liquidity when there is no certainty that funds them, which is guaranteed by the regulator.

Bank Indonesia to set up a consortium of two options guarantee liquidity so that it can operate quickly and serves as a breaker segmentation funds in the banking industry. The first will be offered to the government in order to direct funds to guarantee banks in the consortium through ditampung Institute of savings (LPS).

If the option is not received, the central bank likely will not guarantee menyiasati directly through the use of short-term loan facility (FPJP) in the case of failure to pay in a pooling fund.

"In fact, both the most direct government guarantee, but [if can not] form the alternative pooling fund. So, we are looking for engineering on the provisions of the law, can not BI or LPS to guarantee. It is clear why there is the point," said Director of the Directorate of Research and Settings Banking BI Halim Alamsyah in Jakarta has not been this long.