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Bank-Permata

Economists project RI economy to grow below 5% this year
Economy 10 months ago

PREMIUM
Economists project RI economy to grow below 5% this year

Bank Mandiri projects that Indonesia’s gross domestic product growth will grow to 4.93 percent year-on-year (yoy) this year, while Bank Permata forecasts 4.78 percent. Both mark a slower pace from 5.02 percent last year.
Sharia lenders seek liquidity incentives amid spin-off push
Companies 2 years ago

PREMIUM
Sharia lenders seek liquidity incentives amid spin-off push

The OJK issued a regulation in July that obligates sharia business units with significant assets to convert to sharia banks before the end of 2026.
Construction slowdown to drag on RI economic growth this year
Economy 2 years ago

PREMIUM
Construction slowdown to drag on RI economic growth this year

Despite an overall good performance throughout many sectors and economic indicators, Indonesia is experiencing a lag in construction and real estate investment that in turn might hold back economic growth this year.
IMF lowers Indonesia’s GDP growth outlook for 2021
Business 4 years ago

PREMIUM
IMF lowers Indonesia’s GDP growth outlook for 2021

The International Monetary Fund's latest outlook for Indonesia forecasts GDP growth of 4.3 percent this year, lower than the government's targeted range of between 4.5 percent and 5.3 percent.
Government, House name sovereign wealth fund’s supervisory board members
Business 5 years ago

PREMIUM
Government, House name sovereign wealth fund’s supervisory board members

The Indonesian sovereign wealth fund's supervisory board will be led by the finance minister and its members will include the state-owned enterprises (SOEs) minister and three professionals.
Bank Permata to become BUKU IV bank after Bangkok Bank integration
Business 5 years ago

Bank Permata to become BUKU IV bank after Bangkok Bank integration

Publicly listed Bank Permata is set to join the BUKU IV category after its integration with the Indonesian branch of its new parent company, the Thailand-based Bangkok Bank.
Bank Permata profit drops 60% as of Q3
Business 5 years ago

Bank Permata profit drops 60% as of Q3

The bank’s net profit dropped by 60.67 percent to Rp 429.76 billion (US$29.28 million) as of September from Rp 1.09 trillion booked during the same period last year. 
Astra International’s profit plunges 44% in H1 as pandemic batters auto business
Business 5 years ago

Astra International’s profit plunges 44% in H1 as pandemic batters auto business

The company’s revenue has fallen by 23 percent year-on-year (yoy) to Rp 89.8 trillion (US$6.19 billion) as of June 30.
Bangkok Bank acquires majority stake in Bank Permata for $2.3b
Business 5 years ago

Bangkok Bank acquires majority stake in Bank Permata for $2.3b

Bangkok Bank acquired an 89.12 percent stake in privately owned Bank Permata on Wednesday.
Chandra Asri signs $70m loan facility agreement with Bank Permata
Business 5 years ago

Chandra Asri signs $70m loan facility agreement with Bank Permata

Chandra Asri will use the loan facility for “general corporate purposes, annual or regular capital expenditure (capex), operating expenses and/or refinancing requirements.”
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