JAKARTA: PT Bank Negara Indonesia Tbk has allocated IDR600 billion to open 200 new branches consisting of main branch, sub branch, and cash offices.
About 50% of the new branches will be established in Java Island while the other half will be set up beyond the island, Director of Network and Service at Bank Negara Indonesia Honggo Widjojo said.
Throughout first quarter of 2011, about 78 branches have operated and it targets to open another 75 in the second quarter of 2011.
Each branch spends IDR1.5 billion to IDR3 billion, which will be charged to the bank’s cash for the next 3 to 5 years. “We don’t only focus on acquisition, but also on leasing. Consequently, the investment does not only take one year to complete," he said.
Thus, BNI requires a total of IDR300 billion-IDR600 billion to realize the plan. In addition, about 1,500 Automated Teller Machines (ATMs) will be added, but the management declined to inform further.
Thru March 2011, BNI has operated 1,364 branches and credit centers, consisting of 167 main branches, 897 sub branches, and 11 cash offices. (T01/NOM)
About 50% of the new branches will be established in Java Island while the other half will be set up beyond the island, Director of Network and Service at Bank Negara Indonesia Honggo Widjojo said.
Throughout first quarter of 2011, about 78 branches have operated and it targets to open another 75 in the second quarter of 2011.
Each branch spends IDR1.5 billion to IDR3 billion, which will be charged to the bank’s cash for the next 3 to 5 years. “We don’t only focus on acquisition, but also on leasing. Consequently, the investment does not only take one year to complete," he said.
Thus, BNI requires a total of IDR300 billion-IDR600 billion to realize the plan. In addition, about 1,500 Automated Teller Machines (ATMs) will be added, but the management declined to inform further.
Thru March 2011, BNI has operated 1,364 branches and credit centers, consisting of 167 main branches, 897 sub branches, and 11 cash offices. (T01/NOM)
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