Bank Mandiri Indonesia - PT Bank Mandiri (Persero) Tbk re-submit to the Commission XI of the House of Representatives (DPR) on the need for the application of the principle of reciprocity (equality) in the country against foreign banks. Because the expansion by state-owned banks are still banged strict rules of foreign banking authorities.
"Bank Mandiri has no more than one branch and one ATM in Singapore. But Singaporean banks have hundreds of branches and ATMs are operating in Indonesia. In Malaysia, we are too, "said Bank Mandiri president director Zulkifli Zaini in the Public Hearing on House Commission XI, Jakarta, Wednesday (6/2).
In addition, the company is also facing difficulties in trading or collecting funds in Renminbi currency at a branch office Shanghai, China. In that country, the bank is only allowed to use the U.S. Dollar and the Renminbi was only allowed to use three years and must be profitable.
"Whereas here, from China banks may raise dollars," said Zulkifli.
Therefore, according to the application of the principle of reciprocity should be included in the discussion of the draft Bill (Bill) Banking. That way, there is a mutual benefit between foreign banks with national banks.
RDPU was held by the House Commission XI, inviting members of the Association of State-Owned Banks (Himbara), namely Bank Mandiri, BNI, BRI and BTN. Four banks were asked to provide input to the discussion of the revision of Law No. 10 of 1998 concerning Amendment to Law Number 7 of 1992.
"Overall, the Banking Law are still applicable today is not in accordance with current banking conditions," said Zulkifli. Bank Mandiri Indonesia
"Bank Mandiri has no more than one branch and one ATM in Singapore. But Singaporean banks have hundreds of branches and ATMs are operating in Indonesia. In Malaysia, we are too, "said Bank Mandiri president director Zulkifli Zaini in the Public Hearing on House Commission XI, Jakarta, Wednesday (6/2).
In addition, the company is also facing difficulties in trading or collecting funds in Renminbi currency at a branch office Shanghai, China. In that country, the bank is only allowed to use the U.S. Dollar and the Renminbi was only allowed to use three years and must be profitable.
"Whereas here, from China banks may raise dollars," said Zulkifli.
Therefore, according to the application of the principle of reciprocity should be included in the discussion of the draft Bill (Bill) Banking. That way, there is a mutual benefit between foreign banks with national banks.
RDPU was held by the House Commission XI, inviting members of the Association of State-Owned Banks (Himbara), namely Bank Mandiri, BNI, BRI and BTN. Four banks were asked to provide input to the discussion of the revision of Law No. 10 of 1998 concerning Amendment to Law Number 7 of 1992.
"Overall, the Banking Law are still applicable today is not in accordance with current banking conditions," said Zulkifli. Bank Mandiri Indonesia