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Jakarta Post
The Jakarta Post
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banking

Small banks could be forced to merge under new regulation, OJK says
Business 3 months ago

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Small banks could be forced to merge under new regulation, OJK says

The Perppu allows for stricter enforcement against violations of merger instructions from the OJK, i...
SOEs set aside up to Rp 8 trillion to buy back shares amid falling prices
Business 3 months 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 4 months 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 4 months 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 5 months 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 5 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 6 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 6 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 6 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 7 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...
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