EIR Amortization by Segment

Fee

Initial (BS)
Cost

EIR Amortisation (PL)

Fee

Fee

Initial Fee (BS)

Cost

EIR Amortisation (PL)

Fee

Corporate
Commercial
Retail
Auto
Direct
Subsidiary 1
Subsidiary 2
Mortgage
Credit Card

EIR Amortization by Segment

Corporate
Commercial
Retail
Auto
Direct
Subsidiary 1
Subsidiary 2
Mortgage
Credit Card

EIR Amortisation (PL)

Cost

EIR Amortisation (PL)

Cost

April
Unamortised
Fee

Fee
Cost

March
Unamortised
Fee

Cost

10
20
30

Amort

Unam
2
5
7

8
15
23

EIR Amortization by Segment

Fee

Initial Fee (BS)

Cost

EIR Amortisation (PL)

Fee

Fee

Initial Fee (BS)

Cost

EIR Amortisation (PL)

Fee

Corporate
Commercial
Retail
Auto
Direct
Subsidiary 1
Subsidiary 2
Mortgage
Credit Card

EIR Amortization by Segment

Corporate
Commercial
Retail
Auto
Direct
Subsidiary 1
Subsidiary 2
Mortgage
Credit Card

EIR Amortisation (PL)

Cost

EIR Amortisation (PL)

Cost

April
Unamortised
Fee

Fee
Cost

March
Unamortised
Fee

Cost

10
20
30

Amort

Unam
2
5
7

8
15
23

IRR - Amortization Schedule

Installment Loan in Arrear
Drawdown Date:
Maturity:
Loan Nominal Amount:
Interest rate
Annualized IRR (Effective
Interest):
Fee income (KDD)
Transactions cost (JADIB)

Repayment
Date

Accrual Date
*)

1-Jan-09
1-Jan-11
70,000,000,000
14.5000%
15.52%
1.00%
0.01%

Period

Principal Repayment

1-Jan-09
31-Jan-09

30

28-Feb-09

30

1-Feb-09

2,582,344,910

1-Mar-09

2,609,244,336
31-Mar-09

30

1-Apr-09

2,636,423,964
30-Apr-09

30

1-May-09

2,663,886,714
31-May-09

30

1-Jun-09

2,691,635,534
30-Jun-09

30

1-Jul-09

2,719,673,404
31-Jul-09

30

31-Aug-09

30

1-Aug-09

2,748,003,335

1-Sep-09

2,776,628,370
30-Sep-09

30

1-Oct-09

2,805,551,582
31-Oct-09

30

1-Nov-09

2,834,776,078
30-Nov-09

30

1-Dec-09

2,864,304,996
31-Dec-09

30

1-Jan-10

2,894,141,506
31-Jan-10

30

1-Feb-10

2,924,288,813
28-Feb-10

30

1-Mar-10

2,954,750,155
31-Mar-10

30

1-Apr-10

2,985,528,803
30-Apr-10

30

1-May-10

3,016,628,061
31-May-10

30

1-Jun-10

3,048,051,270
30-Jun-10

30

1-Jul-10

3,079,801,804
31-Jul-10

30

1-Aug-10

3,111,883,073
31-Aug-10

30

1-Sep-10

3,144,298,521
30-Sep-10

30

1-Oct-10

3,177,051,631
31-Oct-10

30

1-Nov-10

3,210,145,919
30-Nov-10

30

1-Dec-10

3,243,584,939
31-Dec-10

30

1-Jan-11

3,277,372,282
31-Jan-11

30
70,000,000,000

*) to simplify calculation, it is assumed accrual is done monthly

1.29%
(700,000,000)
7,000,000
(693,000,000)
Outstanding
Principal
(a)

70,000,000,000
70,000,000,000
67,417,655,090
67,417,655,090
64,808,410,754
64,808,410,754
62,171,986,790
62,171,986,790
59,508,100,076
59,508,100,076
56,816,464,542
56,816,464,542
54,096,791,137
54,096,791,137
51,348,787,802
51,348,787,802
48,572,159,432
48,572,159,432
45,766,607,849
45,766,607,849
42,931,831,771
42,931,831,771
40,067,526,776
40,067,526,776
37,173,385,270
37,173,385,270
34,249,096,457
34,249,096,457
31,294,346,302
31,294,346,302
28,308,817,499
28,308,817,499
25,292,189,438
25,292,189,438
22,244,138,168
22,244,138,168
19,164,336,364
19,164,336,364
16,052,453,292
16,052,453,292
12,908,154,770
12,908,154,770
9,731,103,139
9,731,103,139
6,520,957,221
6,520,957,221
3,277,372,282
3,277,372,282
0
0

(c)

Disc./Prem.
Amortization of
Int. Income
(d) = (c) - (b)

845,833,333

896,441,959

50,608,625

814,629,999

863,695,560

49,065,561

783,101,630

830,581,276

47,479,646

751,244,840

797,094,928

45,850,088

719,056,209

763,232,290

44,176,081

686,532,280

728,989,086

42,456,806

653,669,560

694,360,992

40,691,433

620,464,519

659,343,635

38,879,116

586,913,593

623,932,590

37,018,997

553,013,178

588,123,382

35,110,204

518,759,634

551,911,485

33,151,851

484,149,282

515,292,320

31,143,038

449,178,405

478,261,256

29,082,850

413,843,249

440,813,608

26,970,359

378,140,018

402,944,639

24,804,621

342,064,878

364,649,555

22,584,677

305,613,956

325,923,508

20,309,553

268,783,336

286,761,595

17,978,259

231,569,064

247,158,855

15,589,791

193,967,144

207,110,271

13,143,127

155,973,537

166,610,768

10,637,231

117,584,163

125,655,212

8,071,049

78,794,900

84,238,410

5,443,510

39,601,582

42,355,111

2,753,529

10,992,482,289

11,685,482,289

Interest Income
(b)

Effective Interest

(0)
693,000,000

Unamortized
(Disc.)/Prem. Int.
income
(e)
(693,000,000)
(642,391,375)
(642,391,375)
(593,325,814)
(593,325,814)
(545,846,167)
(545,846,167)
(499,996,079)
(499,996,079)
(455,819,999)
(455,819,999)
(413,363,193)
(413,363,193)
(372,671,760)
(372,671,760)
(333,792,645)
(333,792,645)
(296,773,648)
(296,773,648)
(261,663,444)
(261,663,444)
(228,511,593)
(228,511,593)
(197,368,556)
(197,368,556)
(168,285,705)
(168,285,705)
(141,315,346)
(141,315,346)
(116,510,725)
(116,510,725)
(93,926,048)
(93,926,048)
(73,616,496)
(73,616,496)
(55,638,237)
(55,638,237)
(40,048,446)
(40,048,446)
(26,905,319)
(26,905,319)
(16,268,088)
(16,268,088)
(8,197,039)
(8,197,039)
(2,753,529)
(2,753,529)
(0)
(0)
(0)

Net Amount
(f) = (a) + (e)

69,307,000,000
69,357,608,625
66,775,263,715
66,824,329,277
64,215,084,941
64,262,564,587
61,626,140,622
61,671,990,710
59,008,103,996
59,052,280,077
56,360,644,543
56,403,101,349
53,683,427,945
53,724,119,377
50,976,116,042
51,014,995,157
48,238,366,787
48,275,385,784
45,469,834,201
45,504,944,405
42,670,168,327
42,703,320,178
39,839,015,182
39,870,158,220
36,976,016,714
37,005,099,564
34,080,810,751
34,107,781,110
31,153,030,955
31,177,835,576
28,192,306,774
28,214,891,451
25,198,263,390
25,218,572,942
22,170,521,672
22,188,499,931
19,108,698,127
19,124,287,918
16,012,404,846
16,025,547,973
12,881,249,451
12,891,886,682
9,714,835,051
9,722,906,100
6,512,760,181
6,518,203,692
3,274,618,753
3,277,372,282
0
0

Case 1 - Employee Loan

CIMB Niaga granted loan amounting Rp 20,000,000 to its employee for period 25/01/2009 - 25/01/2010 with interest rate 6% p.a.
Current market rate = 15% p.a. Installement of principal and interest frequency is monthly. Pls see loan original
schedule below.
a.
b.
c.

Please calculate fair value of loan above

Please provide loan schedule based on fair value
Please generate journal entries for 1st installment under PSAK 55

01/2010 with interest rate 6% p.a.

Case 2 - Generic Loan

CIMB Niaga granted loan amounting Rp 70,000,000,000 for period 2 year starting from 1 Jan 2009 - 1 Jan 2011 with
interest rate 14,5% p.a. Bank charged fee income (KDD) = 1% from total loan amount. Bank also has transaction cost
(JADIB) Rp 7,000,000. Installment of interest and principal frequency is monthly. Pls see loan original schedule below.

a.
b.

Please provide loan schedule based on PSAK 55

Please generate journal entries for 1st installment under PSAK 55

Case 3A - Early Pay off

CIMB Niaga granted loan amounting Rp 70,000,000,000 for period 2 year starting from 1 Jan 2009 - 1 Jan 2011 with
interest rate 14,5% p.a. Bank charged fee income (KDD) = 1% from total loan amount. Bank also has transaction cost
(JADIB) Rp 7,000,000. Installment of interest and principal frequency is monthly.
On May 5, 2010, the loan is fully repaid by debtor.
a.
b.

Please provide loan schedule based on PSAK 55

Please generate journal entries during early pay off.

Case 3B - Early Pay off (expected life time)

CIMB Niaga granted loan amounting Rp 70,000,000,000 for period 2 year starting from 1 Jan 2009 - 1 Jan 2011 with
interest rate 14,5% p.a. Bank charged fee income (KDD) = 1% from total loan amount. Bank also has transaction cost
(JADIB) Rp 7,000,000. Installment of interest and principal frequency is monthly.
Since the beginning, Bank know that this loan will be early pay off by debtor on the 1st year.
a.

How to set the parameter in the system for 2 years loan but there will be an option to settle the loan at the end of
first year.

Case 4A - Restructure - Changing Loan Period

CIMB Niaga granted loan to debtor with detail as follows:
Starting date
January 4, 2010
Outstanding
120,000
12 months
Period
Interest rate
9.0% p.a. flat
Provision
1.0%
Transaction cost
250 (assume:material for bank)
Market rate
7.0% p.a. effective
Installment/month
10,000
Principal
900
Interest
All installment is repaid every month based on loan installment schedule
Restructure
1)
During 4th month, debtor pay installment for 3 month totaling Rp 32,700
Remaining loan will be paid in 6 months later (every month)
2)
a.
b.

Please provide loan schedule based on PSAK 55 after restructure

Please generate journal entries during restructure

loan original schedule

Case 4B - Restructure - Changing Loan Period

Loan detail same as above.
Restructure
Starting May 2010, debtor did not pay loan installment hence the loan is restructured with condition below:
- Loan periode is extended from Dec 2010 to Jun 2011.
- Interest rate is changed to 7% p.a flat.
a.
b.

Please provide loan schedule based on PSAK 55 after restructure

Please generate journal entries during restructure

Case 5 - Collective Impairment

Bank divided loan into 8 categories for counting collective impairment based on Day Past Due (DPD).
Table 1: loan categories by DPD

Table 2: loan categories by DPD as of 31-Dec-2009

Table 3: Detail loan written off and recovery from year 2010-2012

Question;
1. Please calculate PD for loan as of Dec 31, 2009 based on data in table 1.
2. Please calculate LGD based on table 3 with assumption recovery rate in year 2008 is unusual and Bank will ignore
2008 recovery rate.
3. Please provide impairment amount for each loan categories based on PD and LGD above

Data Corporate Banking Jan 2011 & Jan 2012

%PD Calculation