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The Jakarta Post
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banking-industry

Banks ask OJK to extend debt relief program amid mounting COVID-19 cases
Business 6 months ago

Banks ask OJK to extend debt relief program amid mounting COVID-19 cases

Indonesian banks have restructured a total of Rp 769.55 trillion in loans as of July 6.
Government gives LPS more power to prevent bank failure
Business 6 months ago

Government gives LPS more power to prevent bank failure

Under the regulation, the LPS can now place funds in banks during the economic recovery from th...
Letting BI supervise banks could backfire, experts warn
Business 6 months ago

Letting BI supervise banks could backfire, experts warn

“This is a political move. President Jokowi should really think about the repercussions,&rdquo...
Bukopin inches closer to solving liquidity problems, regaining customer trust
Business 6 months ago

Bukopin inches closer to solving liquidity problems, regaining customer trust

The OJK's approval of the rights issue has paved the way for South Korea’s KB Kookmin Bank...
COVID-19: The catalyst for accelerating bank consolidation
Opinion 6 months ago

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COVID-19: The catalyst for accelerating bank consolidation

It is no secret that the OJK has encouraged bank consolidation, given the number of banks that crowd...
The future of digital banking in Indonesia
Opinion 7 months ago

The future of digital banking in Indonesia

In light of these rapid developments, banks need to take on a “start small and think big&rdquo...
Bank Mandiri books 9% growth in Q1 profit, strives to strengthen digital channels
Business 7 months ago

Bank Mandiri books 9% growth in Q1 profit, strives to strengthen digital channels

Bank Mandiri saw its net profit grow 9.44 percent year-on-year to Rp 7.92 trillion. ...
Banks face uphill battle against pandemic following slow Q1 performance
Business 7 months ago

Banks face uphill battle against pandemic following slow Q1 performance

Moody’s Investors Service wrote in a research note that the country’s banks would s...
Ultra-rich to place more funds in banks amid liquidity crunch: Economists
Business 7 months ago

Ultra-rich to place more funds in banks amid liquidity crunch: Economists

Deposits from high-net worth individuals will increase, defying the trend of an overall slowdown in ...
Bangkok Bank acquires majority stake in Bank Permata for $2.3b
Business 8 months ago

Bangkok Bank acquires majority stake in Bank Permata for $2.3b

Bangkok Bank acquired an 89.12 percent stake in privately owned Bank Permata on Wednesday.
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