Continuously improving information technology supports CIMB Niaga's commitment to all its customer segments. The bank also allows free in-store transactions and cash withdrawals from the CIMB Niaga ATM network.
ONLINE TIME DEPOSITO
DEPOSIT
HAJJ SAVINGS
BUSINESS
CREDIT SYSTEM
PHONE BANKING
ON ACCOUNT
Through its Tabungan Junior product, CIMB Niaga hopes to encourage children to start saving early in life.
Run is an exciting event that promotes
The event includes a run and music,
In the midst of intense competition, CIMB Niaga continues to innovate and develop its banking products and services. CIMB Niaga continues to deliver added value to all stakeholders through a range of innovative banking products and services built around the philosophy.
CIMB Niaga continues to grow amid challenges
The development of digital banking has become CIMB Niaga's strength in gaining customer trust. Business Highlights Key Financial Performance CIMB Niaga Overview and Profile Organizational Structure Vision, Mission and Core Values Operational Areas.
MSME (Micro,
Small, and Medium Enterprises) Banking
CONSUMER
BANKING
Commercial Banking posted a credit growth
COMMERCIAL BANKING
Corporate Banking posted a credit of
CORPORATE BANKING
CUSTOMER FUNDS
SHARIA BANKING
Sharia Banking posted financing of
Customer funds increased by 6.7% YoY
Number of ATMs
Total Assets
CIMB Niaga's Cash Management continues to produce innovative products and services to meet the needs of its customers. CIMB Niaga's digital banking services are one of the most comprehensive in the national banking industry.
To become a Leading ASEAN Company”
To provide universal banking services in Indonesia in an integrated manner as a
Corporate Actions in the Last 5 Years
- Bond I Bank CIMB Niaga 2011 with Fixed Rate Series A
- Bond I Bank CIMB Niaga 2011 with Fixed Rate Series B
The term of the bond 3 (three) years after the issue date, and payment will be in bullet payment on the maturity date namely 30 October 2015. The term of the bond 5 (five) years after the issue date, and payment will be in bullet payment on the due date , namely 30 October 2017, be carried out.
BONDS – SUMMARY
The current use of these funds has been reported to the Financial Services Authority (previously) based on letter no. The current use of these funds has been reported to the Financial Services Authority (former Bapepam-LK) based on letter No.
Compliance to the Requirements of Public Offering of Bonds
The accountability report for the use of proceeds from the public offering was presented at the Annual General Meeting of Shareholders of the fiscal year 2014 held in 2015. During 2010, the Company did not issue new shares, but based on the decision of the General Assembly Extraordinary Shareholders' Meeting on December 15, 2010. The Authorized Capital of Class C has been incorporated into the Authorized Capital of Class B, so the composition of the capital structure until December 31, 2010 has remained the same.
Composition of Shareholders (5 years) 31 December 2010
As a continuation of the Limited Public Offer V based on the decision of the Extraordinary General Meeting of Shareholders dated December 15, 2010, in which the offer will expire on January 7, 2011, the Company issued new class B shares at a price offer of Rp 1,250 per share, so the composition of the capital structure on December 31, 2011 was the same. Throughout 2014, the stock of the company with the code BNGA was not suspended from the Indonesia Stock Exchange. Throughout 2014, the stock of the company with the code BNGA was not suspended from the Indonesia Stock Exchange.
Share Listing Chronology
Stock Exchange where the Company’s Shares are Listed
- Securities Administration Bureau
PT CIMB Niaga Auto Finance (formerly known as PT Saseka Gelora Leasing) was established in 1981 with a focus on leasing business. PT Bank CIMB Niaga Tbk's (CIMB Niaga) ownership in PT CIMB Niaga Auto Finance began when CIMB Niaga acquired shares in this company. CIMB Niaga owns 99.9% of the shares of PT Kencana Internus Artha Finance (KITA Finance).
CIMB Group Holdings Berhad
Statement by Directors
Pursuant to Section 169(15) of the Companies Act, 1965
Dato’ Sri Mohamed Nazir bin Abdul Razak Chairman
Tengku Dato’ Zafrul bin Tengku Abdul Aziz Director
Consolidated Statements of Comprehensive Income for the financial year ended 31 December 2014
Consolidated Statements of Income
The slowed down of national economic
Nevertheless, CIMB Niaga remain in good condition
I also believe that CIMB Niaga is in a strong position to benefit from the momentum of the economic recovery in the near future. Changes in the composition of the Board of Commissioners The Annual General Meeting of Shareholders also approved the appointment of Mr. On behalf of the Board of Commissioners, I would like to express our deepest appreciation for their dedication and wish them all the best for the future.
We believe that
James Rompas
Wulan Tumbelaka
During 2014, the Shariah Supervisory Board (PSB) of the Shariah Business Unit (UUS) of CIMB Bank performed its duties in supervising the activities of the UUS, to keep it in accordance with Islamic principles, with the support and good cooperation from management. Began serving as a member of the Sharia Supervisory Board of PT Bank CIMB Niaga Tbk since March 28, 2013 (AGM approval). He was Tifa Finance Shariah Supervisory Board Member, Panin Securities Shariah Supervisory Board Member, Intensive Finance SSB Member, Indonesian Bank EXIM Shariah Supervisory Board Member and National Shariah Board Member - MUI.
Strategy Differentiation
In addition to the aforementioned business strategy, the Company will also increase synergies and consolidation with subsidiaries. The determination of risk objectives, risk appetite and risk tolerance is reflected in all policies and procedures covering all activities and products as well as the company made in relation to the Company's capital capacity. Each KPI is a measurement parameter that aims to support the strategy unit, in line with the Company's strategy.
The Color Run
Management Discussion
INNOVATION
The global economy faced numerous challenges in 2014, leading to slower
While developing countries used to be the engines of the world economy, in 2014 the United States and the countries of the European Union became the center of economic revitalization efforts through low interest rates and securities purchase programs absorbed by their private sector. In short, Indonesia recorded a trade deficit of US$1.9 billion in 2014; making it the third year in a row that Indonesia posted a deficit. From a balance of payments perspective, which is the calculation of the flow of money on trade in goods and services, Indonesia recorded a deficit of US$26.2 billion.
13,000 /USD5.21%YoY
Inflation
Rupiah
This decline was followed by a slowdown in customer deposits due to the tightening of liquidity in the market, which increased by only 12.3%, from 13.6%. The bank was able to adapt to the pressure of net interest margins within the banking industry which was recorded at 4.2% in 2014, a decrease from 4.9% in 2013 due to the tightening of liquidity in the market. Various initiatives and innovations were initiated in the field of Consumer Banking with the support of the latest digital technology.
Consumer Banking
At the end of 2014, the number of CIMB Niaga debit cards reached more than 2.5 million, a 13% increase over the previous year. CIMB Niaga's individual customer savings products continued to deliver an encouraging performance with 11.2% growth in 2014 over the previous year. CIMB Niaga is one of the leading banks in Indonesia that continues to encourage the concept of branchless banking.
Consumer Banking Financial Review
Consumer banking managed to maintain a healthier loan quality with a lower non-performing loan of 1.8% in 2014 compared to the previous year's 1.9%. The increase was mainly driven by a 10.9% growth in savings products to Rp 37.9 trillion and a 9.5% growth in term deposit products to Rp 42.5 from the previous year. Profit before tax decreased by 73.7% compared to last year, mainly due to a 13.6% increase in operating expenses.
Micro, Small and Medium Enterprises
Jamil
The growth of third party funds in the SME unit is supported by the implementation of the value chain concept for distributors and suppliers of SME borrowers. At the end of 2014, third-party funds raised in the MSME business segment reached Rp 33.1 trillion. One of the drivers of this relatively large fund was the increase in the volume of financing disbursed through value chains.
Micro, Small and Medium Enterprises (MSME) Banking FinancialReview
With an appropriate fund distribution strategy and a series of preventative measures, Commercial Banking was able to reduce its exposure to non-performing loans, maintain its funding structure and increase low-cost funds with the support of CASA growth. As a result, global and regional demand for mining commodities has fallen, causing global commodity prices to drop significantly and affecting mining – and particularly Indonesia's coal industry. The impact of the weakening coal industry is widespread and automatically affects supporting industries, including distribution channels, transportation and logistics.
Commercial Banking
Another strategic move was the separation of the Sharia division from the Commercial Banking division to sharpen the focus of both segments. The adverse economic situation has also put pressure on the fundraising activities of the Commercial Banking division. Due to this increase, the Commercial Banking division contributed 20.7% to the bank's total funding in 2014.
Commercial Banking Financial Review
The Corporate Banking unit focused on maintaining the quality of its lending portfolio while repositioning its composition to. CIMB Niaga's Corporate Banking Unit serves large corporate clients and financial institutions, both banks and non-banks, by offering financing and savings products as well as cash management, trade finance and other services. The business environment and market conditions in 2014 presented challenges for CIMB Niaga's Corporate Banking segment in terms of providing liquidity to credit, the possible deterioration in the quality of the loan portfolio as well as pressures associated with lending and deposit rates.
Corporate Banking
The Corporate Banking Unit works closely with the Transaction Banking Unit and the Financial Institutions and Non-Bank Financial Institutions Unit to deliver innovative products and services that meet the needs of CIMB Niaga's corporate and institutional clients. CIMB Niaga is one of the most active banks in Indonesia participating in syndicated loans. Financing corporate clients, both state-owned and private, as well as banking and non-banking financial institutions, has become one of the priorities of CIMB Niaga Corporate Banking Unit after liquidity tightening in 2014.
Corporate Banking Financial Review
The third-party fund for business customers in 2014 amounted to Rp. 34.7 trillion, of which 32.5% was in checking and savings accounts, and 67.5% was in time deposits.
Treasury and Capital Market
To maintain a healthy level of liquidity, the Treasury and Capital Markets Directorate also sought alternative sources of funding, where CIMB Niaga successfully received long-term bilateral loans at competitive rates from two foreign banks. Furthermore, as of 2014, the Treasury and Capital Markets Directorate manages funds of CIMB Niaga's high net worth corporate clients. Furthermore, most CIMB Niaga branches in Indonesia offer electronic services for foreign exchange as well as marketable securities products.
Transaction Banking
Transaction Banking has taken various initiatives to meet the banking needs of customers through the Multigiro programs for IDR and USD. Transaction Banking also ran several promotional activities at selected CIMB Niaga branches in Indonesia to promote products and acquire new customers. Continue to cross-sell Transaction Banking products to CIMB Niaga's existing customers, especially those with current loan facility.
Sharia Banking
We are becoming more satisfied with the services and personal relations of the staff at CIMB Niaga Syariah. Enhancing human resources (HR) capabilities was one of CIMB Niaga Syariah's development focuses in 2014. These awards demonstrate CIMB Niaga Syariah's ability to compete, grow and make a significant contribution to the bank.
Financial Review of Sharia Banking
Pembahasan Kinerja Keuangan
The increase was primarily driven by a 5.6% increase in net interest income in line with the Company's credit growth of 12.4%. The increase in the company's credit of 12% came as a result of the contribution of credit for working capital and credit for investments. The deterioration of credit quality in several economic sectors had an immediate impact on the quality of credit disbursed by the Company.
Impairment Committee
Internal Capital Adequacy Assessment Process (ICAAP)
The Company has developed ICAPP for assessing capital coverage in accordance with the Company's risk profile and planned strategy to maintain a sound capital level. The company's capital adequacy ratio (CAR) has exceeded the minimum level of 9-≤ 10% set by Bank Indonesia according to its risk profile, which is ranked 2 (low to moderate). The company must consider the capital adequacy ratio to comply with the risk appetite statement (RAS), which is measured through a top-down approach and evaluated regularly.
Formation of a work team and an executive committee associated with the Company’s capital
To determine the strength of our capital in crisis situations, the company conducts regular stress tests that examine the best way to respond to various market scenarios.
Capital Allocation
The retained profit will be used to strengthen the company's capital to finance operations. Disclosure changes and The company has a plan to apply the new accounting standards PSAK 4 (revised 2013). The impact on the company and its subsidiaries is a possible change in fair value measurement and additional disclosures in the financial statements.
Company Steps
Growth Of Low-Cost Fund
Foreign Account Tax Compliance Act (“FATCA”) is a regulation issued by the Department of the Treasury and the Internal Revenue Services (“IRS”) of the United States to prevent tax evasion by citizens or companies of the United States (US persons) to prevent funds placed or business conducted in territories outside the United States. As a financial institution, the Company is required to report any activity that has caused the movement of funds from a United States citizen.
Increase in Efficiency
