Anjar Priandoyo

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Posts Tagged ‘Banking

Truth about banking

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1.Banking strategies are speculative until they survive a downturn.
2.Analysts and commentators in every generation proclaim the death of traditional banking, but banks and their branches are still here. ref

1.Banks create new money when they lend, which can trigger and amplify financial cycles. (banks fund new loans by creating new deposit money – Schumpeter, 1954)
2.Saving does not finance investment, financing and money creation do. ref

In short banking is speculative business, (Everything-is-theoretically-impossible-until-it-is-done vibe), where you formalize the speculation through risk management. Risk management is pseudoscience and management is basically exploitation -sarcasm mode on.

In personal level, bankers is as honest as other profession
Bad bankers no more? Truth-telling and (dis)honesty in the finance industry ref
Naked Banking: The Truth About Banks and You

Written by Anjar Priandoyo

April 17, 2022 at 11:35 am

Ditulis dalam Business

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Struktur organisasi

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Menurut BIAN Service Landscape, organisasi di Bank sebenarnya hanya terdiri dari 4 fungsi saja yaitu Product, Operation, Support dan Risk/Compliance. Contoh paling efektif saya temui mungkin hanya BRIS, dimana hanya terdiri dari 3 fungsi saja: Product, Operation/Support dan Compliance. Sekilas dari eTOM juga kurang lebih sama: Product, Operation dan Support (Enterprise Management)

Sebelum melangkah lebih jauh, ada sedikit salah kaprah mengenai istilah Director Operation dengan Director Support. Di beberapa perusahaan title Director Operation (COO) seringkali merefer ke Director Business Support (IT, Facility) atau juga bisa disebut Secretary. Sementara Di perusahaan lain sebutan Director Operation sebenarnya merefer kepada Product Operation e.g yang sering terjadi di Bank.

Mari kita masuk perbedaan besar antara organisasi di Bank dan organisasi di non bank.
Bank: CEO, Product Sales, Product Delivery, Product Risk
Non Bank: CEO, COO (running the business/product), CFO (support/corporate functions)

Di Bank, perusahaan yang sehari-hari bekerja dengan uang justru tidak memiliki fungsi keuangan yang kuat, dibandingkan dengan perusahaan non bank yang investasinya bukan atas uang. Untuk perusahaan non bank, untuk menjalankan bisnis juga dibagi menjadi dua bagian Sales/Product dan Delivery (Teknik/Engineering).

12 Jun 2020, Erick Thohir pangkas direksi Pertamina dari 11 menjadi 6 ref
Baca entri selengkapnya »

Written by Anjar Priandoyo

Oktober 25, 2020 at 2:57 pm

Ditulis dalam Business

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Banking is expensive

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Banking is expensive

Banking is expensive. It costs a bank $250 — $400 to open and maintain a bank account for a person 1. Therefore financial inclusion is the opposite idea of banking -to some degree is banking charity. And to be noted, the problem with financial exclusion: more expensive in transactional, more expensive from non-bank institution, no saving. Consumer think banking is expensive, banks thinks is not profitable.

It is interesting that every jargon (buzzword) is fairly old. Financial Inclusion PP 82/2016. Interesting story about pegadaian: As the only state own pawnbroker in the world, est 1746 as Bank Van Leening (VOC), 1811 British, 1901 Sukabumi. 26% revenue is from gold trading?. Interesting story of BCA: BCA has 63% operating-expense ratio (BOPO/OER) the lowest in Indonesia.

Every government initiative is questionnable, the same like every bubble. Most of the analysis I read is only based on the interest.

Gold: Why Do Financial Inclusion Policies Fail in Mobilizing Savings from the Poor? Lessons from Rural South India (Goedecke 2018)

The market power of IBs has significantly declined over time: Islamic Banking, Costly Religiosity and Competition (Azmat 2020)

ref, ref, ref, ref, ref

Wiki: Dick Whittington and His Cat, London streets are paved with gold, Dot-com bubble, Unicorn bubble,

Written by Anjar Priandoyo

Juni 15, 2020 at 4:26 pm

Ditulis dalam Business

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Banking Innovation

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Apa inovasi di Bank? less people (with AI), less regulatory (regtech), more customer (open API). Lebih detail mengenai Innovation in Financial Services Industry biasanya pada area

  • Machine learning: Robo-advisor, Customer Recommendation Engines, Identity Verification
  • Natural Language Processing: AML, Fraud Detection, Chatbots and virtual agents
  • Deep Learning:
  • Cognitive Computing:
  • Robotic Process Automation:

Inovasi tersebut secara umum terjadi di seluruh industri seperti Blockchain, namun ada beberapa yang spesifik industri, contohnya adalah Drone di Industri Logistik, Microgrid, Battery and Renewable di Energy.

Image: Startus-insights ref, Bank 4.0 (Brett King, 2018)

Written by Anjar Priandoyo

Juni 1, 2020 at 6:30 am

Ditulis dalam Science

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Bank Indicators

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“The same like GDP, all indicator is simply misleading”

tools for monetary policy

Bank di Indonesia ini “mbulet”, sering kali dibenci karena dianggap terlalu bernafsu mencari keuntungan sebesar-besarnya. Sehingga menyalurkan kredit dengan bunga tinggi, akibatnya kredit yang disalurkan juga rendah. Tapi disisi lain, bank di Indonesia ini dicintai, karena memberikan keuntungan yang besar bagi pemilik dan investornya.

Secara umum, perbankan di Indonesia memang tidak efisien. Mungkin karena pada dasarnya orang Indonesia itu tidak biasa dengan konsep berhutang, terlebih tidak biasa dengan konsep bahwa berhutang itu wajib membayar. Atau mungkin seharusnya kita tidak punya banyak pilihan.

BOPO (OER)
Kesimpulan:
Indonesia Feb 2020: 83.62%
ASEAN: <50%
OJK Max: 85%
Permata 2016: 150.8%
BI Max PBI 13/1/2011 93.25%?

CAR (Capital Adequacy)
Kemampuan perbankan dalam menyediakan dana yang digunakan untuk mengatasi kemungkinan risiko kerugian
Optimism (General view): Semakin besar semakin baik, bank punya cukup modal, bank punya potensi tumbuh, bank aman dari risiko
Pessimism: Semakin besar semakin buruk, bank malas menyalurkan kredit

22,33%, 23.32 (Dec 2018)
ASEAN: 13.6-15.8%, China 11%, India 10.8%
OJK: 8-11%

LDR (Loan to deposit ratio)
Kemampuan bank dalam memenuhi kewajiban jangka pendek (likuiditas) dengan membagi total kredit terhadap total Dana Pihak Ketiga (DPK)
Optimism: Semakin kecil semakin baik, bank punya cukup likuiditas
Pessimism: Semakin kecil semakin buruk, keuntungan bank rendah

92.50%
OJK: 92%
UK 94%, AU 131%, SG 91%

NIM
Low NIM represent efficient financial intermediation process
Indonesia: 4.81%
ASEAN:2-3.5%
OJK Max: 5%
Danamon 2017: 9.3%
SG: 1.8%, AU 2%, UK 2.6%

ROA (Return on asset)
Kemampuan perbankan dalam menghasilkan profit
Kesimpulan: Indonesia, karena tidak efisien, keuntungannya besar
Indonesia: 2.49%
Asia Tenggara: 1-1.5%

CIR (Cost to Income Ratio)
Indonesia 1996-2017: 51.65%
SG: 42%, AU 46%, UK 57%

Cost income ratio (CIR) is not a suitable ratio to determine productivity, Net Interest Margins (NIM) as well as labor costs of a country significantly influence the CIR, and therefore this measurement does not appear to be appropriate when analyzing performance in terms of service production and settlement ref

Interest rate 2016
corporate 11.1%
while retail 12%
mortgage 11%
non-mortgage 12.2%
microloan 19.4%

Summary:
CAR: Semakin tinggi semakin baik: Modal
NPL/NPF: Semakin rendah semakin baik: Kredit Macet
ROA: Semakin tinggi semakin baik: Pengembalian
BOPO: Semakin rendah semakin baik: Biaya Operasional
LDR/FDR: Semakin tinggi semakin baik:

ref,ref,ref,ref,ref,ref

the effect of financial ratio to profitability buku 3 indonesia stock exchange (Kaban 2019)

Written by Anjar Priandoyo

Mei 31, 2020 at 7:39 am

Ditulis dalam Business

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Bank Statistics – Loan

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KPR:
BTN: 190T (Nov 2019)
BCA: 95T (2019)
Mandiri: 43.5T (Oct 2019)
CIMB: 33T (Annual Report)
BNI: 13.7T (2019)

KKB:
Total: 142T
BCA: 47T
Mandiri: 31T (Mandiri Tunas 28T), 20% dari Kredit Konsumer 153T
BRI: 1.9T

Komposisi Kredit Mandiri:
Korporasi: 329T
Konsumer: 94T (Kartu Kredit 13T, KKB 34T)
Mikro: 123T
Komersial: 151T

Komposisi Kredit BTPN:
Korporasi: 75T (SMBC)
SME: 13T
Customer Financing: 5T
Sharia: 9T
Retirement: 35T
Micro 1.6T

Komposisi Kredit BTN
Total: 255T
KPR Subsidi: 113T

Komposisi Kredit Bank DKI
Total: 29T
Korporasi: 5T
UMKM: 1T
Gross Loan Disbursement: 37T (Annual Report 2019)
Jumlah nasabah saving: 2.6juta
ATM: 1089
EDC: 4659

Written by Anjar Priandoyo

Mei 27, 2020 at 11:32 am

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Bank Statistics – Technology

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Up to 25% of Bank Revenue is from Non-Interest Income (Fee based transaction). However, this would be “monopoly” of big banks.

ATM:
Total: 108 ribu (Jun 2019)
BRI: 20.846
BNI: 18.570
Mandiri: 18.291
BCA: 16.9655
CIMB: 4.500 (Annual Report 2019)
BTN: 2159 (Annual Report 2019)
Danamon: 1.345 (Annual Report 2019)
Panin: 960
Bank DKI: 946 (Apr 2018)
Bank BTPN: 226 (Nov 2019)

EDC:
Total: 1.265 juta (Jul 2018), 937 ribu (Jul 2019)
BCA: 500 ribu (Sep 2018), Transaki 325T
CIMB: 232 ribu (Annual Report 2019)
Mandiri 230 ribu (Sep 2019), 130 juta transaksi 80T
BNI: 180 ribu (Apr 2019)
BRI: 140 ribu (Nov 2019) (70% transaksi kartu kredit, 30% debit), Transaksi I/2019 40T

Kartu Kredit:
CIMB: 9.7 juta (Annual Report 2019)
BCA: 3.7 juta (Jul 2019), 75T
Niaga: 3.5 juta (Feb 2019), 8.5T
Mandiri: 2.0 juta (Dec 2019, 43T, 17% travelling
BRI: 1.9 juta (Jun 2019)
BNI: 1.86 juta (Jan 2020)

Nasabah:
Total: 292 juta (Aug 2019)
Mandiri: 83.5 juta
BRI: 70 juta
BCA: 19.5 juta (Mar 2019)

Kartu ATM:
Total: 154 juta (Feb 2019)
BRI: 53 juta (30 juta chip, 23 juta GPN)
BCA: 18 juta (9 juta NSICCS chiip based, 2 juta GPN), (92% pemilik rekening punya ATM)
Mandiri: 14.7 juta (Dec 2019): (8 juta Chip based, 4 juta GPN)

Written by Anjar Priandoyo

Mei 27, 2020 at 6:48 am

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Big Tech in Finance

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bigtech

Peranan Tech company dalam dunia keuangan semakin menarik: Amazon, Apple, Alibaba, Paypal tidak hanya punya Payment System tapi juga punya Credit/Loan system. Mungkin hanya Google dan Facebook yang belum masuk ke Loan system. Saya pribadi mungkin pesimis ya, apalagi untuk Lending & Short term credit.

Notes:
Ini tulisan Forbes February 2019, mungkin tidak relevan dengan Covid sekarang ref
BigTech in finance – Market developments and potential financial stability implications ref

Written by Anjar Priandoyo

April 9, 2020 at 3:58 pm

Ditulis dalam Science

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Core Banking System

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Ketika sebuah Bank merencanakan memperbaharui Core Banking System (CBS), maka sebenarnya Bank dihadapkan dalam pilihan yang sangat sulit. Pertanyaan pertama yang diajukan adalah mana CBS yang paling populer. Jawaban ini sama dengan pertanyaan mobil apa yang paling populer. Di Inggris mungkin Vauxhal, di Amerika mungkin Ford, Di Indonesia mungkin Toyota.

Meski demikian pilihan ini biasanya mengerucut ke 3-4 pemain besar (Oligopoly) yang dalam titik tertentu sebenarnya mudah memilihnya. Apapun yang dipilih sebenarnya sama baiknya. Dari sini maka yang perlu diperhatikan adalah persiapannnya yang mungkin biayanya jauh lebih besar dari implementasinya itu sendiri. Menarik.

Core Banking Global ref

  • FIS
  • Fiserv
  • SAP
  • Oracle
  • Temenos
  • SAS
  • SS&C
  • NCR
  • Finastra (D+H and Mysis)

Core Banking – US Big 4 ref

  • FIS (Fidelity national Information Service), own Sungard 2015
  • Fiserv
  • Jack Henry
  • D+H

Core Banking India ref

  • Infosys – Finacle
  • TCS – BANCS
  • Oracle – Flexcube

Core Banking Islamic ref

  • Path Solution – IMAL
  • Oracle – Flexcube
  • Temenos – T24
  • Miles Software – MoneyWare
  • ICSFS – ICS Banks
  • FIS – Ambit Treasury Management
  • TCS – BANCS
  • Mysis – Fusion
  • Sopra – Amplitue
  • SAP – Deposits Managements

Core Banking Indonesia

  • Retail: Silverlake (Mandiri, BRI, BTN), TCS (BNI), Fiserv (Danamon, Panin), SAP (BRI), Jack Henry (Permata)
  • Syariah: Temenos (BRIS, BSM, BTPNS, PermataS), Flexcube (Muamalat)
  • Corporate: Mysis (Rabobank, SMBC)
  • Small & BPR: Multipolar Bankvision, Sigma Alphabits

Written by Anjar Priandoyo

April 7, 2020 at 3:57 pm

Ditulis dalam Science

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Kasus Pembobolan Bank aka Korupsi Bank

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2012
BRI Wonocolo 441 Juta
Bank Jatim 52 Milyar
Bagoes Suprayogo (Pincab Bank Jatim HR Muhammad) dan penyelia Toni Baharawan, 12 tahun penjara

2015
Bank BRI Jakarta Selatan, senilai Rp 39 miliar Feb 2015 ref
BPR Delta Artha Sidoarjo, senilai Rp 21 miliar Jun 2015 ref

2016
Terlalu banyak sepertinya tidak mungkin diinventarisir

2018
Bank Mandiri 27 Milyar, 2012 ref
BRI Agro Niaga 22 Milyar, Aug 2018 ref
BTN Tasikmalaya, Dec 2018 ref
Mandiri 1.8T ref

Written by Anjar Priandoyo

Januari 1, 2019 at 6:46 pm

Ditulis dalam Society

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