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View all search resultsPermataBank
Business 5 years ago
PREMIUM
Indonesia taps seasoned banker to manage multibillion-dollar sovereign wealth fund
President Joko “Jokowi” Widodo has introduced the board of directors tasked with managing Indonesia’s recently created multibillion-sovereign wealth fund to lure global investors to Southeast Asia’s largest economy.
Business 6 years ago
Bangkok Bank to acquire another Indonesian bank after Permata deal: OJK
Thailand-based Bangkok Bank is planning to acquire another Indonesian bank after closing a deal to purchase a majority stake in Bank Permata from Standard Chartered and Astra International for US$2.7 billion, according to the Financial Services Authority (OJK).
Business 6 years ago
PREMIUM
Banks taking cautious approach amid fears of rising bad debts
Bank Mandiri finance director Silvano Rumantir said on Wednesday that the company would be more careful in disbursing its loans to sectors that would be directly affected by the outbreak of the novel coronavirus that causes Covid-19.
Business 6 years ago
PREMIUM
Foe to friend: Fintech companies work with banks to reach unbanked
According to Bank Indonesia data, funding channeled by fintech companies totals Rp 60.4 trillion, with more than 14 million borrowers, as of September. That is based on 120 fintech companies registered by the Financial Services Authority (OJK).
