BAPEPAM-LKBadan Pengawas Pasar Modal dan Lembaga Keuangan (Indonesian: Capital Market Supervisory Agency and Financial Institution)
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
Table--34 Number of finance companies in Indonesia Year Number Growth (%) 2007 217 2008 212 -2.3 2009 198 -6.6 2010 192 -3.0 2011 195 1.6 2012 198 1.5 2013 (*) 199 1.0 Note: (*) March 2013 Sources: Bapepam-LK Table--35 Number of Financing Companies by Assets 2011 Asset Number of Companies Share (%) > Rp.
Takaful gross premium only represented 2.2% of the insurance industry's gross premium in 2010, Bapepam-LK said.
According to Bapepam-LK, only 152 multi-finance companies published their financial reports for 2009.
Bapepam-LK the capital market watchdog has been stricter in approving license for multi-finance business.
Suprawira Finance Suspended Semester I/2010 Source : Bapepam-LK Table--4 New licensees among multi-finance companies, 2009-2010 Date of Name of companies Line of business issuance PT Hitachi Construction Machinery Leasing 2009 Finance Indonesia.
Bapepam-LK stressed that the regulation on market risk shortens share offering period from 3-5 days earlier to one day with standby buyers.
Bapepam-LK has issued a new regulation to attract more companies to go public such as :
Bapepam-LK has ruled that increase in paid up capital and MKBD of securities companies must be made in line with the General Principles of International Organization of Securities Commission (IOSCO) which says there must be continued increase in the requirements to be met by securities companies that they continue to be observant of the prudential principles.
Acquisition of multifinance companies by banks, and proper test of the managements including directors and commissioners of multifinance companies in line with the regulation of the capital market and financial agency watchdog Bapepam-LK No.
Table--12 Multi-finance companies reporting losses in 2007 Multi-finance companies Loss (Rp billion) Wahana Ottomitra Multiartha 241 Swadharma Indotama Finance 21 BNI Multi-finance 20 Primarindo Finance Corporation 8 GMAC Finance 8 Siantar Top Multi-finance 5 SMBC Indonesia Finance 4 Diner Jaya Indonesia Internatioanl 3 Dai Ichi Kangyo Panin Leasing 3 Garishindo Buana Finance Indonesia 2 Eastern Finance Corp 2 Indocitra Finance 1 Mirasurya Multi-finance 1 Rama Multi-finance 1 Batara Internasional Finansindo 1 Niaga International Factor 1 Source: Bapepam-LK
The sources said the capital market watchdog Bapepam-LK has been informed of the right issue plan of the widely diversified corporation.