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Financial-Services-Authority

Indonesia’s sharia finance gains traction amid pandemic: OJK
Business 4 years ago

PREMIUM
Indonesia’s sharia finance gains traction amid pandemic: OJK

The assets of the country’s sharia finance industry reached Rp 1.639 quadrillion (US$111.1 bil...
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks
Business 5 years ago

PREMIUM
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks

In a draft revision of the 1999 and 2004 BI laws, the House's Legislative Body (Baleg) proposed ...
Realigning bank oversight
Editorial 5 years ago

Realigning bank oversight

Instead of depriving the OJK of its banking oversight mandate, the government should help the OJK re...
Bosowa seeks to annul Bank Bukopin private placement plan, sues OJK
Business 5 years ago

Bosowa seeks to annul Bank Bukopin private placement plan, sues OJK

Representatives walked out of the meeting after it was announced that the company did not have ...
Capital market no longer ivory tower in Indonesia’s 75th year
Business 5 years ago

PREMIUM
Capital market no longer ivory tower in Indonesia’s 75th year

The capital market of Indonesia can be traced back to Dec. 14, 1912, when the Dutch colonial governm...
OJK needs reform to be more effective and independent
Opinion 5 years ago

PREMIUM
OJK needs reform to be more effective and independent

Earlier this year the Supreme Audit Agency (BPK) revealed weaknesses in seven banks, which the OJK a...
OJK approves South Korea's Kookmin as Bank Bukopin’s controlling shareholder
Business 5 years ago

OJK approves South Korea's Kookmin as Bank Bukopin’s controlling shareholder

The OJK announced the decision on Wednesday after Bank Bukopin concluded its rights issue process on...
Bad loans to keep rising this year as economy yet to fully recover: Economists
Business 5 years ago

Bad loans to keep rising this year as economy yet to fully recover: Economists

Financial Services Authority (OJK) data show that the nonperforming loan (NPL) ratio, the proportion...
OJK shuts down Jouska, two other investment firms
Business 5 years ago

OJK shuts down Jouska, two other investment firms

The OJK’s Investment Alert Task Force also shut down PT Mahesa Strategis Indonesia and PT Amar...
Banks ask OJK to extend debt relief program amid mounting COVID-19 cases
Business 5 years ago

Banks ask OJK to extend debt relief program amid mounting COVID-19 cases

Indonesian banks have restructured a total of Rp 769.55 trillion in loans as of July 6.
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