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Financial-Services-Authority

Most banks have offered relief to clients affected by COVID-19: OJK
Business 5 years ago

Most banks have offered relief to clients affected by COVID-19: OJK

State-owned banks alone have offered their customers relief by restructuring debt totaling Rp 2...
COVID-19 batters Indonesia’s loan growth to record low
Business 5 years ago

COVID-19 batters Indonesia’s loan growth to record low

The country’s banking industry recorded 5.93 percent loan growth in this year’s second m...
OJK relaxes debt payment, loan quality assessments amid COVID-19 pandemic
Business 5 years ago

OJK relaxes debt payment, loan quality assessments amid COVID-19 pandemic

Rule is expected to reduce COVID-19's economic impact on banks. 
COVID-19: OJK extends annual shareholders meeting, financial report deadlines
Business 5 years ago

COVID-19: OJK extends annual shareholders meeting, financial report deadlines

The OJK will extend the deadline for annual financial report submission from March 30 to May 31, app...
Handling distressed nonbank financial firms
Opinion 5 years ago

PREMIUM
Handling distressed nonbank financial firms

The Financial Services Authority (OJK) might have the mandate as current laws place nearly all finan...
Moral suasion: Authorities urge banks to cut lending rates to boost virus-battered economy
Business 5 years ago

PREMIUM
Moral suasion: Authorities urge banks to cut lending rates to boost virus-battered economy

Airlangga projected the country’s economy to expand even slower at 4.7 percent in the first qu...
Indonesian stocks soar by 3 percent as authorities' measures calm market players
Business 5 years ago

Indonesian stocks soar by 3 percent as authorities' measures calm market players

The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX), soared 1.31...
Indonesian stocks record narrow losses as OJK, IDX prepare crisis measures
Business 5 years ago

PREMIUM
Indonesian stocks record narrow losses as OJK, IDX prepare crisis measures

Foreign investors recorded net sales of Rp 17.21 billion (US$1.2 million) on Friday, taking the tota...
OJK boss promises regulation, supervision reform amid Jiwasraya fiasco
Business 5 years ago

OJK boss promises regulation, supervision reform amid Jiwasraya fiasco

OJK chairman Wimboh Santoso said on Tuesday the reforms would strengthen the country's financial...
Former president Habibie’s son to acquire Bank Muamalat: OJK
Business 5 years ago

Former president Habibie’s son to acquire Bank Muamalat: OJK

Bank Muamalat is currently seeking a capital injection to support its business.
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