PT BANK DANAMON INDONESIA TBK 
By As the main sponsor of the premier trade and comodity finance event, Danamon reiterates its commitment to be a leading trade finance bank in Indonesia
PT Bank Danamon Indonesia, Tbk ("Danamon"), as one of the most active Indonesian bank in trade finance, today opened the Indonesia Trade & Commodity Finance Conference that was organized by Global Trade Review (GTR), the world's leading trade finance publication. In this fourth annual event held in the Mandarin Oriental Jakarta, Danamon assumed the role as the event's main sponsor and provided some of the conference's title speakers, such as Pradip Chhadva, Treasury, Capital Market, Financial Institutions dan Transaction Banking Director; Herry Hykmanto, Danamon Syariah Director; and Margaret Tjahjono, Head of Trade Product Management. In addition to speakers from Danamon, the conference also featured other trade finance experts from prominent financial institutions who will share their experiences and best practices in the trade finance sector.
"Our support for the Indonesia Trade & Commodity Finance Conference is a concrete form of our active role in the Indonesian trade finance industry. As a market with huge trade potential, Indonesia needs a strong trade finance network. Through this conference, we are certain that members of the Indonesian trade finance industry can share valuable insights and case studies, which will be beneficial for the advancement of this industry, ultimately enabling the trade finance industry to support the growth of Indonesia's economy," said Pradip Chhadva, Treasury, Capital Market, Financial Institution dan Transaction Banking, Director, Danamon.
As the main sponsor of Indonesia Trade & Commodity Finance Conference, Danamon is supported by experienced and highly competent trade finance teams who are ready to assist customers in meeting their business objectives. Additionally, Danamon also provides Trade Service Point at Port (TSPP) as a 'one stop site' that offers various services to trade finance customers in their export-import activities at ports in Jakarta, Medan, and Surabaya. In the first quarter of 2014, Danamon's trade finance booked a 44% year-on-year growth to IDR 10.1 trillion for cash loans, while non-cash loans also grew by 44% to IDR 9.3 trillion within the same period.
"Since 2012, in addition to offering conventional trade finance and warehouse receipt as well as other types of financing, Danamon, thorugh Danamon Syariah, has started to offer education and financing to trade finance customers who opt for Islamic financing. Financing and trade support services, such as letters of credit, export negotiations, open account payments, heavy machinery purchases, and other financing products, can be acquired in compliance of Sharia laws and terms, including Mudharabah, Murabaha and IMBT (Ijarah Muntahiyah bit Tamlik). In 2013, Danamon Syariah has disbursed IDR 200 billion in trade finance volume, while, in 2014, Danamon Syariah, targets to increase its trade finance volume to IDR 500 billion," said Herry Hykmanto, Danamon Syariah Director.
About Danamon:
PT Bank Danamon Indonesia, Tbk. ('Danamon') was established in 1956 and as of March 31, 2014 operates a network of around 2,500, including among others conventional branches, Danamon Simpan Pinjam (DSP) and Syariah units as well as its subsidiaries branches. As of March 31, 2014 Danamon provides its customers with close to 60,000 ATMs, including through its association with ATM Bersama and ALTO, in all 33 provinces in Indonesia. Danamon manages around IDR 186 trillion in assets as of March 2014.
Danamon was recently ranked second in the Annual Report Award 2012 held by the Financial Services Authority (OJK) and Bank Indonesia (BI) in the Private Financial Listed category. Danamon was also awarded the Top 10 Publicly Listed Company with the highest Good Corporate Governance (GCG) ASEAN Scorecard by Institute for Corporate Directorship (IICD). Danamon also received the Banking Service Excellence Awards 2013 in the overall, ATM, Teller, Call Center, and Sharia categories from Infobank. Internationally, Danamon was included in the 2013 Forbes Global 2000, which is a list of the world's biggest public companies as compiled by Forbes Magazine.
Danamon is also the sole license holder of Manchester United cards in Indonesia, allowing the Bank to issue Manchester United ATM/Debit cards and credit cards.
PT Adira Dinamika Multi Finance Tbk (Adira Finance), the automotive financing subsidiary of Danamon, operates an extensive branch ne twork in more than 260 cities in Indonesia. Danamon is also the majority owner of PT Asuransi Adira Dinamika (Adira Insurance), a general insurance company and PT Adira Quantum Multifinance (Adira Kredit), a durable goods financing company.
As of March 31, 2014, Danamon was 67.37% owned by Asia Financial (Indonesia) Pte. Ltd., 6.40% by JPMCB-Franklin Templeton Investment Funds and 26.23% by the public.
For further information regarding Danamon, please visit Danamon's corporate website at: www.danamon.co.id
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