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Jakarta Post
The Jakarta Post
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banking

Maybank branch manager detained for allegedly stealing Rp 22 billion from accounts
National 2 weeks ago

Maybank branch manager detained for allegedly stealing Rp 22 billion from accounts

The National Police have detained a branch head of private lender Maybank Indonesia for allegedly si...
LPS ‘ready’ to aid banks in liquidity troubles
Business 4 months ago

LPS ‘ready’ to aid banks in liquidity troubles

Banks with liquidity issues can now file requests for fund placement with the OJK and will be eligib...
DBS looks to boost green investments over next five years
Business 4 months ago

DBS looks to boost green investments over next five years

DBS plans to channel 8 to 10 percent of its total assets under management into sustainable investmen...
When KB Kookmin Bank controls Bukopin
Opinion 4 months ago

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When KB Kookmin Bank controls Bukopin

Kookmin’s acquisition of Bukopin would also be rather easy and welcomed because Bukopin is a p...
Taiwan’s Cathay Life to boost ownership in Bank Mayapada
Business 4 months ago

Taiwan’s Cathay Life to boost ownership in Bank Mayapada

The OJK has reportedly given Cathay the green light to acquire 51 percent of the bank’s shares...
Small banks could be forced to merge under new regulation, OJK says
Business 7 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 8 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 9 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 9 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 9 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...
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