Financial Report
LAPORAN TAHUNAN
2012
PTBANKSULUT NOTESTOTHEFINANCIALSTATEMENTContinued
ForTheYearsEndedDecember31,2012and2011 ExpressedinRupiah,UnlessOtherwisestated
38. RISKMANAGEMENT Continues
The Bank keeps its liquidity by maintaining sufficient amount of liquid assets to pay deposits from customers and maintaining the number of
assetsdueineachperiodsufficiencytocovertheamountofliabilitiesdue. Liquid assets of Bank consists of placement with other banks and other
financialinstitutions.CurrentAccount withBankIndonesiaandcash.If the Bankneedsliquidity,theBankcanimmediatelywithdrawitsfundreserves
intheforms of demanddeposits fromBank Indonesia, sell SBI withsale purchase agreement or seek credits at inter-bank money market in
Indonesia. Thebank’smainreservesconsist of theMinimumCompulsory DemandDepositsandCashatbranchesoffice.
Currently, Bank Indonesia Regulation requires commercial banks in Indonesia to retain the MinimumCompulsory Demand Deposits on daily
basis,intheformof non-interestdepositswithBankIndonesiaatleast5 ofthenon-banksthirdparties’liabilitiesinRupiah.
Theliquiditycontrol isalwaysdonethroughbalancingfundresourcesand their applications to keep the risks under acceptable limits and provides
contribution in the formof proper profits, managed by Treasury Division andAssetLiabilityCommitteeTeam.
OperationalRisk
Operational risks management is performed by continuosly improving or adjusting the systems and procedures, sustainable development of
informationtechnologies tomeet customers’ needs andexpectations. To meet this requirement, it must be supported by high quality and integrity
humanresourcesthroughlimitsauthorizationsettingprograms, education andtraining,bothinternallyandexternallyandsustainablyandappliedthe
customerknowingprinciplessoastomanagetheoperationalriskproperly.
Marketrisk
The market risks occurred from interest rate movement and foreign exchange rate in market from securities and bonds owned by Bank,
therefore market rsik controlling only fromfund placement to other bank withconsideringinterestrateandtheofferedwell-beinglevelofBank.
39. CORPORATESOCIALRESPONSIBILITYCSR
In2012and2011,BankdistributedCorporateSosial ResponsibilityCSR amounting to 5 from net profit sharing, unaudited Corporate Sosial
ResponsibilityCSR.Detailsof CorporateSosial ResponsibilityCSRare asfollows:
Based on statements of Meeting DecisionDeed No. 178 datedJune 26, 2012, Notary of M.S.E Pangemanan S.H. in Manado, the shareholders
approved that distribution of CSR funds are expensed in the year 2011 amounted to Rp 10,000,000,000.- which CSRutilization in proportion to
eachshareholders.
PTBANKSULUT CATATANATASLAPORANKEUANGANLanjutan
UntukTahunyangBerakhirpada31Desember2012dan2011 DinyatakandalamRupiah,KecualidinyatakanLain
38. MANAJEMENRESIKOLanjutan
