In 2014, Bank Dinar Indonesia targets to disburse credit up to IDR 800 billion (USD $67.2 million), a 47 percentage point increase compared to last year’s loans figure. Regarding loan disbursements, the company focuses on Indonesia’s retail sector.

The bank also aims to increase third-party funds. Per May 2014, these funds had reached IDR 826 billion (USD $69.4 million), almost 88 percent of which stems from deposit accounts.

Bank Dinar currently owns 11 offices but intends to expand this figure to 20 by the end of 2015. Three offices are expected to be opened this year (in Sunter, Serpong and Bintaro).

Listing on the Indonesia Stock Exchange (IDX) is scheduled for 11 July 2014.

Further Reading:

Which Indonesian companies have conducted an initial public offering (IPO) in 2014?