Jakarta - Indonesia Eximbank successfully booked a net profit of Rp 341.86 billion after tax in 2010. The figure means an increase by up to 168% compared to its net profit in 2009 in the amount of Rp 127.50 billion.

Thus conveyed by Indonesia Eximbank Executive Director IMG Erata at the signing of the memorandum of understanding between Indonesia Eximbank and the BPS for the provision of the International Trade Statistics Data and Information in Jakarta on Friday (28/1/2011). The data is non-audited and non-PSAK 50-55.

As of 31 December 2010, the total assets of Indonesia Eximbank reached Rp 20.95 trillion or an increase by 61.52% of the previous figure of Rp 12.97 trillion. Meanwhile, the financing during 2010 reached Rp 15.74 trillion, increasing by 69.61% from that of the previous year in the amount of Rp 9.28 trillion.

Based on its use, the financing portfolio was dominated by the Export Working Capital Credit (KMKE) in the amount of Rp 11.13 trillion (70.75%) and the Investment Credit (KI) in the amount of Rp 4.60 trillion (29,25%). Meanwhile, the portfolio composition of the use of the financing based on the segments consisted of the corporate segment with Rp 15.10 trillion (95,95%) and the UKM segment in the amount of Rp 636.75 billion (4.05%).

The main sectors financed by Indonesia Eximbank are among others industry (51.02%), mining (10.94%), agriculture (10.54%), transportation and warehousing (9.80%), and other services (8.94%). Of the industrial sector, the largest ones financed include oil palm (15.47%), maritime industry (13.35%), textile industry (7.33%), other business services (6.30%), rubber industry (6.03%), oil and gas mining (5.73%), coal mining (4.05%), coffee plantations (3.43%), furniture industry (3.42%), food industry (3.32%), automotive (3.02%), leasing business services (2.65%), and pulp industry (2.17%).

Based on the project regions/locations, the financing provided by Indonesia Eximbank is concentrated on several provinces, namely DKI Jakarta (17.85%), East Java (14.94%), Riau (14.39%), West Java (9.27%), East Kalimantan (9.08%), Lampung (8.51%), North Sumatra (7.80%), Central Java (6.16%), Banten (2.27%), and South Sumatra (1.90%).

In line with the increased financing portfolio, in general, the financial ratio of Indonesia Eximbank in 2010 indicated an improvement as compared to that of 2009. Particularly for the capital ratio, namely the capital adequacy ratio (CAR), the financial ratio considered the declining credit ratio from 43.40% to 40.49%. For the asset quality ratio, the net of the Non Performing Loan (NPL) declined from 5.77% to 3.22 %. The Return on Asset (ROA) ratio increased from 1.62% in 2009 to 3.20% in 2010. The Return on Equity (ROE) ratio increased from 2.93% to 7.41%. The Net Interest Margin (NIM) ratio declined from 5.05% to 3.79%.

Source: http://www.detikfinance.com/read/2011/01/28/144532/1556402/5/laba-indonesia-eximbank-melonjak-168