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Companies 2 months ago
PREMIUM
BCA announces Rp5t share buyback as IDX drops further
The country’s biggest private bank by assets has announced a plan to repurchase up to Rp 5 trillion (US$298.6 million) worth of its shares following a sharp decline in the Indonesian Stock Exchange (IDX) Composite index.
Economy 4 months ago
PREMIUM
Loan growth remains sluggish despite Purbaya’s liquidity injection
Disappointing data on bank lending raises questions about the effectiveness of the Finance Ministry’s Rp 200 trillion (US$12 billion) liquidity injection conducted in early September to jump-start economic activity, with economists pointing to a lack of credit demand.
Regulations 6 months ago
PREMIUM
Govt to deposit $12b in commercial banks to ‘jump-start’ lending
The government has announced plans to shift some state deposits from the central bank to commercial banks to allow for more loan disbursements and thereby invigorate private sector activity in a bid to achieve 6 to 7 percent gross domestic product growth.
Academia 7 months ago
Financial inclusion or digital illusion: Rethinking Indonesia's online lending
Amid a collective movement of debtors reusing to repay illegal online lenders is emerging a new model called ecosystem lending that blends digital flexibility with banking discipline, offering a way to get back on track toward realizing the aspirational goal of financial inclusion.
