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Jakarta Post
The Jakarta Post
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banking

SOEs set aside up to Rp 8 trillion to buy back shares amid falling prices
Business 2 weeks ago

SOEs set aside up to Rp 8 trillion to buy back shares amid falling prices

The Financial Services Authority (OJK)  issued a regulation on Monday to allow publicly listed ...
Banks taking cautious approach amid fears of rising bad debts
Business 1 month ago

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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 care...
Spared change: Jakarta ATMs will still dispense Rp 20,000 bills despite declining cash transactions
City 1 month ago

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Spared change: Jakarta ATMs will still dispense Rp 20,000 bills despite declining cash transactions

Bank DKI, which operates 1,085 ATMs of various bill denominations across Greater Jakarta, is maintai...
Bank BJB boosts digital payment service to increase fee-based income
Business 1 month ago

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Bank BJB boosts digital payment service to increase fee-based income

 Bank BJB will offer Rp 500 billion worth of bonds in the first quarter as the first p...
BNI profit growth declines amid sluggish loan disbursement
Business 2 months ago

BNI profit growth declines amid sluggish loan disbursement

The lender’s net profit rose by only 2.5-percent year-on-year (yoy) to Rp 15.38 trillion (US$1...
Banks warned of tight liquidity, surge in bad loans in 2020
Business 2 months ago

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Banks warned of tight liquidity, surge in bad loans in 2020

A liquidity problem will likely continue to haunt local banks, especially small and medium lenders i...
Other challenges of sharia banking in Indonesia
Opinion 3 months ago

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Other challenges of sharia banking in Indonesia

The case of Bank Muamalat that failed to meet its minimum capital requirement of 12 percent reveals ...
As noncash payments rise, Bank Mandiri allocates less cash for year-end holidays
Business 3 months ago

As noncash payments rise, Bank Mandiri allocates less cash for year-end holidays

The managing director of consumer and retail transactions, Hery Gunardi, said on Monday that Bank Ma...
Indonesian banks buoyant despite sluggish economic growth
Business 4 months ago

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Indonesian banks buoyant despite sluggish economic growth

Indonesian lenders remain upbeat on profit growth next year, even though the country’s economy...
Monetary easing continues as BI lowers bank reserve requirement
Business 4 months ago

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Monetary easing continues as BI lowers bank reserve requirement

The new policy, which will be effective as of Jan. 2, 2020, will free up Rp 26 trillion (US$1.8 bill...
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