JAKARTA – Kementrian Badan Usaha Milik Negara (BUMN) targeted investment holding for four BUMN Bank branches in 2018 later.
The holding was planned to be to be incorporated as planned in roadmap. Deputy of Bidang Usaha Jasa Keuangan Kementrian BUMN Gatot Trihargo said that the holding will supervise the switching company along with its asset management unit (AMU) which will be form to operate IT and problematic assets of BUMN’s banks.
“In BUMN Government roadmap that has been completed, we will form holding for BUMN banks,” Gatot said in Jakarta. He explained that the switching company will be under holding entity or banking investment holding. Gatot also pushes switching company owned by Himbara to do initial public offering (IPO).
There are local principals working in switching market, Artajasa Pembayaran Elektronik, Rintis Sejahtera, and Alto Network. Artjasa have 80 bank members. Besides, 75% Artajasa transactions were done by Himbara bank member. He said, the new company is a limited company.
The cost is consider too expensive, though the companies should be mergered before. “MEA (Masyarakat Ekonomi ASEAN) is so close. Because of that, our step is to create holding. There will be its own holding, newest form will be in investment holding company,” he said.
Gatot said, the plan to create holding will be discussed first with the whole stakeholder, Otoritas Jasa Keuangan (OJK), DPR, Financial Government, and other technical government. The step was taken to integrate each BUMN’s IT or the back office. “This will create 30-40% efficiency for BUMN banks,” he said.
According to him, besides supervising switching company and government stock in BUMN banks, investment holding company can also hold government’s minority stock in Bukopin Bank. The investmen holding company can also create asset manager company or asset management unit that specialized in managing BUMN’s banks problematic assets.
“They have their own asset management unit now in their company, they can join into the company to manage BUMN’s banks problematic assets,” he said.