Key Benefits:
INDONESIA BANK REGULATION
NUMBER: 3/21/PBI/2001
ABOUT
OBLIGATION OF PROVISION OF THE MINIMUM CAPITAL BANK
GOVERNOR OF INDONESIA BANK,
DRAWS: A. that in order to create a healthy banking system
and being able to compete nationally and internationally, then
required customization of the bank ' s application structure accordingly
applicable international standards;
b. that in respect of such matters is required to adjust
against the provisions of the Capital Provision Obligation
Minimum of the General Bank in the Bank of Indonesia Regulation;
Given: 1. Act No. 7 of 1992 concerning Banking
(State Gazette 1992 Number 31, Additional
State sheet number 3472) as amended
with Act No. 10 of 1998 (Sheet
Country of 1998 number 182, Extra State Sheet
Number 3790);
2. Law No. 23 of 1999 on Bank Indonesia
(State Gazette 1999 number 66, additional
state sheet number 3843);
DECIDED ...
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DECIDED:
SET: INDONESIA BANK REGULATIONS ON LIABILITY
PROVISION OF THE MINIMUM CAPITAL BANK.
Article 1
referred to in this Bank of Indonesia Regulation with the Bank is the Bank
General as referred to in Law Number 7 of the Year 1992
on Banking as amended by Law No. 10
The year 1998 includes the foreign bank branch office.
Article 2
(1) The bank is obliged to provide a minimum capital of 8% (eight perhundred) of
weighted activates according to the risk of accounting since the end of December 2001.
(2) The Bank that cannot meet the provisions as referred to in paragraph
(1), will be placed in special oversight as set forth in
applicable provisions.
Article 3
(1) Modal as referred to in Article 2, for the Bank headquartered in
Indonesia consists of:
a. core capital; and
b. capital ...
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b. Complementary capital.
(2) The complementary Modal as referred to in paragraph (1) can only
be counted as high as 100% (one hundred perhundred) of capital
core.
(3) Modal as referred to in paragraph (1) is calculated by a factor
the anointing of all the Bank's inclusion.
(4) Modal as referred to in Article 2, for the foreign bank branch office
is a clean fund of the central office and other offices abroad (Net Head
Office Fund).
Section 4
(1) The core modal as referred to in Article 3 of the paragraph (1) letter a consists of:
a. capital is tuned, and
b. Additional capital reserve (disclosed reserve).
(2) The core modal as referred to in paragraph (1) is taken into account with
the decoding factor is a goodwill post.
(3) The additional capital reserve (disclosed reserve) as referred to in
paragraph (1) the letter b consists of from:
a. Add factor, that is:
1. Agio;
2. Capital Donation;
3. Capital General Backup;
4. Capital Destination Reserves;
5. Earnings last year after tax count;
6. Profit ...
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6. The year's earnings run after a tax estimate of
50% (fifty-one hundred);
7. The difference between the financial statements of the overseas branch office;
8. Capital funding;
b. Suction factor, that is:
1. Disagio;
2. Loss of the past years;
3. The loss of the year is running;
4. Less margin of external branch office financial report
country;
5. The decrease in the inclusion rate on the portfolio available for sale.
(4) In the calculation of the profit or loss for the posts as referred to in
paragraph (3) must be issued the influence of the toughness tax calculation (deferred
tax).
(5) complementary Modal as referred to in Section 3 of the paragraph (1) letter b consists of
of:
a. Fixed assets revaluation fixed;
b. The general reserves of the productive asset elimination allowance are high-
high 1.25% (one hundred and twenty-five per ten thousand) of actives
weighted by risk;
c. Loan Capital (hybrid/quasi capital);
d. Subordination loans are as high as 50% (fifty
perhundred) of the core capital;
e. The increase in the inclusion rate in the portfolio is available for sale
up to 45% (forty-five perhundred).
Section 5 ...
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Article 5
The bank is prohibited from committing a capital distribution or profit if the distribution is intended
resulting in the condition of the Bank's application not reaching the ratio as
referred to in Article 2 of the paragraph (1).
Article 6
Activa is weighted according to the risk as referred to in Section 2 consists of:
a. the balance sheet provided weighting at the credit risk level attached to
any activa post;
b. some posts in the list of commitment and commitment obligations (off-balance
sheet accounts) are given weighting and in accordance with the credit risk level that
is attached to each post after it is first taken into account with weight
conversion factor.
Section 7
(1) The calculation of new outposts in the balance sheet arising as a result of
changes in the applicable financial accounting, for purposes of calculation
weighted actives according to The risk is specified as follows:
a. for a valuable mail post (effect) purchased with the promise of resale,
The risk weight calculation is done based on the risk weight of the letter
is valuable or based on the risk weight of the opposing party
transaction (counterparty);
b. To ...
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b. for co-opt-up posts, the risk weight calculation is done based on
the risk weight of the opposing party transactions (counterparty);
c. for derivatives bill posts, risk weighting calculations are performed based on
weighting The risk of a counterparty.
(2) The activating value calculation for the derivatives bill post is done after
taking into account netting agreement with a derivative liability post that
has a legal force that binds both parties.
Article 8
The violation of the provisions as referred to in Article 2 is subject to
administrative sanction in order of the Bank health level calculation.
Article 9
(1) Further provisions of this Bank of Indonesia Regulation specified in the Letter
The Bank of Indonesia.
(2) Throughout the Circular Letter Bank Indonesia as referred to in paragraph (1)
has not been issued then provisions in Indonesia Bank Circular Letter Number
26 /1/BPPP dated 29 May 1993 subject to Liability of Capital Supply
Minimum for General Bank and Mail Indonesia Bank Circulation Number
2/12/DPNP dated July 12, 2000 on the Productive Activa Assessment in
calculation of Weighted Aktiva according to Risk, remains in effect with
an adjustment to the provisions in the Bank of Indonesia Regulation (Indonesian: Indonesia) This.
Article 10 ...
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Article 10
With the issuance of the Bank of Indonesia Regulation then:
a. Provisions as set out in Article 7 of the Bank ' s Board of Directors Decision
Indonesia Number 30 /11/KEP/DIR dated 30 April 1997 on Level
Public Bank Health;
b. Provisions as set out in Section I letter C of the Board of Directors
Bank Indonesia Number 30 /277/KEP/DIR dated 19 March 1998 on
Change of the Bank Indonesia's Board of Directors Decision Number 30 /11/KEP/DIR
date 30 April 1997 on the Public Bank Health Level,
adjusted to the provisions in this Bank Indonesia Regulation;
c. Provisions as set in:
1. Article 3 of the letter c, Article 8 and Article 9 of the Bank's Board of Directors
Indonesia Number 28 /64/KEP/DIR dated September 7, 1995 on
The General Bank Requirements Not Bank Devisa to the General Bank
Devisa;
2. Bank Indonesia's Board of Directors No. 26 /20/KEP/DIR date
May 29, 1993 on the Minimal Bank of Limitation Obligations, specifically
with respect to the General Bank setup;
3. Bank of Indonesia's Board of Directors No. 31 /146/KEP/DIR date
November 12, 1998 on Change of Bank's Decision Letter
Indonesia Number 26 /20/KEP/DIR dated 29 May 1993 on Liability
The minimum capital provision Bank;
revoked and stated does not apply.
Article 11 ...
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Article 11
The Bank of Indonesia Regulation is in effect from the date set.
Specified in Jakarta
On December 13, 2001
GOVERNOR OF THE BANK OF INDONESIA
SYAHRIL SALABYS
SHEET COUNTRY REPUBLIC OF INDONESIA 2001 NUMBER
DPNP
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EXPLANATION
UP
INDONESIA BANK REGULATION
NUMBER: 3/21/PBI/2001
ABOUT
OBLIGATIONS OF THE GENERAL BANK MINIMUM CAPITAL PROVISION
UMUM
As a banking crisis is known occurred in
Indonesia has led to a decrease in the decline of the
Bank sizeable. To address that of the Government and
Bank Indonesia has done various restructuring measures
and recapitalization of banking with one of the goals is
restore the bank ' s application conditions according to the standards
international as it was before the crisis
banking.
On the road with the target of banking recapitalization program as
is in the Joint Decision Letter of Finance Minister
Republic of Indonesia and Governor of Bank Indonesia Number
53 /KMK.017/ 1999 and No. 31 /12/KEP/GBI February 8,
1999 that confirms the achievement of the fulfillment liability ratio
minimum capital of 8% (eight perhundred) by the end of the year
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2001, then Bank Indonesia as the authorized authority
set up and oversees the bank by considering
development of implementation of the banking recapitalization program
setting the ratio change Capital provision obligations
minimum to 8% (eight perhundred) with Bank Regulation
This Indonesia.
In addition to the above, the change in liability ratio
The minimum capital is also considering the changes that occurs
in international standards such as the refinement of a method
is standardized in credit risk calculations (standardized
approach) and changes in financial accounting standards that
apply.
Given the development of the restructuring program and
the biggest risk in national banking is the credit risk then
at this time the bank ' s minimum capital obligations ratio
general only takes into account risk factors credit (credit risk).
However in time the Bank of Indonesia will also
take into account other risk factors such as market risk (market
risk) and operational risk (risk risk) at calculations
ratio minimum capital provision obligations.
SECTION BY SECTION
Article 1
Is quite clear.
Other than ...
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Section 2
Verse (1)
Clearly.
Verse (2)
Clear enough.
Article 3
Verse (1)
Is quite clear.
Verse (2)
It is quite clear.
Verse (3)
The Bank's inclusion is a miscalculation in the calculation
capital which means that the entire Bank's inclusion activities must be
entirely supported with the Bank's capital. This is done
given the Bank ' s capital calculation has not been done
consolidation.
With the inclusion of the inclusion on Capital Bank then the value
The inclusion is not counted again in weighted activates
according to the risk of being given a risk weight of 0% (zero
perhundred).
In the sense of the Bank's inclusion, excluding the capital's inclusion
temporarily from a credit restructuring.
Verse (4)
One of the components Net Head Office Fund is the Venture Fund (Net
Inter Office Fund) as set out in the provisions of the Bank
Verse (3) ...
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Indonesia in effect on the Requirements and Preamble Requirements
Branch Office, Associate Branch Office, and Representative Office
of the Foreign Bank.
Section 4
Verse (1)
The letter a
Within the specified capital component does not include recognition
the capital was ordered (capital stock) which is derived
of the shareholders ' debt as referred to in
Statement of Financial Accounting Standards (PSAK) Number 21
about the Equity Accounting.
The letter b
Is pretty clear.
Verse (2)
Clearly.
Verse (3)
The letter is
The number 1 to the Figure 4
Is pretty clear.
Number 5 and Number 6
Which are included in the profit component of the years
then and the year running profit is a value after
a calculated tax rate, unless
is allowed to compensate for the loss
in effect of applicable taxation.
about ...
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Shortage of elimination preliminary formation
productive assets by the Bank are cost components
charged at a running year profit.
Figure 7
Margin of more financial report office
branch may occur due to currency difference that
is used in the financial report.
The number 8
referred to the capital fund is the fund
which has been full-tuned for the purpose of adding
capital but not yet supported with completeness
requirements to be classed as capital
disepters such as the execution of the holder of the holder meeting
the stock and the approval of the base budget of the agency
in charge. To be counted as
a capital deposit fund then the funds must
be placed on a special account (escrow account)
and must not be retracted by the Shareholders.
The use of the funds in escrow account it must
with the approval of the Bank of Indonesia.
In terms of the capital fund funds are derived from the candidate
the bank owner then if based on the Bank's research
Indonesia, the prospective owner of the Bank or the funds not
eligible as a shareholder or capital,
then the fund cannot be regarded as
capital ...
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the capital component, and can be retracted by the candidate
owner.
Letter b
Numbers 1 to Number 3
Pretty clear.
Figures 4
Difference in office financial report
branch may occur due to currency difference which
is used in the report financial.
Figure 5
In accordance with the financial accounting standards that
applies, logging in this post is done based on
market value (mark to market).
Thus this post represents less than market value by value
the acquisition of the Bank's inclusion in the company whose shares are recorded in
The Capital Market.
Verse (4)
The toughness tax (deferred tax) is a transaction arising
as a result of implementing the Financial Accounting Standards Statement
(PSAK) Number 46 of the Income Tax Accounting.
With the release of the toughness tax impact of the calculation
profit or loss then the liability tax activity is not calculated
in calculation Actives are weighted according to the risk of
given the weight of the risk of 0% (zero perhundred).
Number 5 ...
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Verse (5)
The letter a
Backup revaluation remains uncapitalized to
in a paid capital and or shared as a bonus stock
and or dividends.
The letter b and the letter c
Clearly.
Letter d
The restructured subordination loan is calculated
amounting to a reasonable value after a restructuring. Impact
The restructuring is recognized in accordance with the standard
applicable financial accounting.
The letter e
In accordance with applicable financial accounting standards,
the registrations in this post are performed based on values market
(mark to market).
Thus this post represents a more difference between
the market price with the acquisition value of the Bank's inclusion
at the company whose shares are listed in the Capital Market.
Section 5
The distribution referred to in the United States.
capital or profit among other payments
dividends, repurchase of Bank shares (treasury stock) and payment
bonus to caretaker (management fee).
Letter d ...
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If in the period of concerned the Bank suggests
a performance improved but the conditions of the application are not possible
to pay a bonus to the administrator (management fee), then
bonus payments can be delayed until the Bank
conditions allow for a bonus payment (management fee).
Section 6
referred to by the weighting of the conversion factor is the given weighting
against the commitment of commitment and contingencies so that it can be equated
with the asset activating.
Section 7
Verse (1)
Such balance sheet changes are derived from the standard change
applicable financial accounting regarding the registrations of posts that
previously noted on the list of commitment and contingencies
to be noted on the balance sheet.
Letter a
calculation of risk weights as set in Section
this Applies to other invoices that are guaranteed with
a valuable letter tied and blocked perfectly
so there is no risk in collateral thawing
if the opposite party is achievement.
The letter b and the letter c
Pretty clear.
Verse (2)
Pretty clear
Article 7 ...
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Article 8
Quite clearly.
Article 9
Verse (1)
It is fairly clear.
Verse (2)
It is pretty clear.
Article 10
Letter a
With this provision then the calculation of the application factor Banks in the calculation
adjusted health rate to be 8% (eight perhundred) since
calculation of the health level for the December 2001 position.
Letter b
Figures 1)
Pretty clear.
Figures 2)
Pretty clear.
Figure 3)
Quite clear.
Article 11
Quite clear.
Article 10 ...
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ADDITIONAL SHEET COUNTRY INDONESIA NUMBER