Prakash Subramanian KV, managing director of global markets at Standard chartered, said Indonesia is one of the country with fast economic growth, then help boost Standard Chartered’s business globally.
He said Indonesia is ranked at 7 as the biggest contributor for Standard Chartered global business from the Asia Facific region, behind Hong Kong, India, Singapore, Arab Uni Emirate, Korea, and China.
The bank focuses its financing on energy, consumer, housing, and infrastructure sectors.
Standard Chartered posted net profit of Rp588.69 billion in the first 9 months to September of 2012, declined 2.7% from Rp605.31 billion in the same period of 2011. Net interest income increased 5% to Rp1.43 trillion from previous Rp1.36 trillion. Operating profit fell to Rp922.88 billion from Rp992.39 a year earlier.