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banking-industry

Most digital banks only half ‘mature’, OJK says
Business 3 years ago

PREMIUM
Most digital banks only half ‘mature’, OJK says

Indonesia’s digital banks, for all the potential ascribed to them, only achieved about half of...
Credit risk remains high in Indonesia despite recovery: S&P
Business 4 years ago

Credit risk remains high in Indonesia despite recovery: S&P

While the overall economy is on the mend, downside risks remain for Indonesian credit as recove...
Bank Mandiri books 25% profit contraction, 20% asset expansion in Q1
Business 4 years ago

PREMIUM
Bank Mandiri books 25% profit contraction, 20% asset expansion in Q1

The country's second largest lender by assets saw its profit dip due to higher loan loss provisi...
Citigroup trims global consumer banking profile, RI, Malaysia affected
Business 4 years ago

Citigroup trims global consumer banking profile, RI, Malaysia affected

As with other large banks, Citigroup's profits were bolstered by a good performance in its inves...
‘Bank Jago effect’: Small banks’ shares surge on consolidation, digital bank boost
Business 4 years ago

PREMIUM
‘Bank Jago effect’: Small banks’ shares surge on consolidation, digital bank boost

Small banks have made it to the top gainers list on local bourse amid mergers and acquisitions ...
Sustainable finance and banks: Building momentum for change
Opinion 4 years ago

Sustainable finance and banks: Building momentum for change

This year may prove providential for banks to capitalize on expanding their new role in contributing...
BI calls for greater rate cuts for bank credit, more lending to support economic recovery
Business 4 years ago

BI calls for greater rate cuts for bank credit, more lending to support economic recovery

The central bank says that commercial banks need to make bigger interest rates cuts and expand lendi...
Bukopin eyes South Korean customers after KB Kookmin Bank’s takeover
Business 4 years ago

Bukopin eyes South Korean customers after KB Kookmin Bank’s takeover

KB Kookmin Bank is officially named Bank Bukopin’s controlling shareholder after it injected U...
Australia's Westpac sells general insurance unit to Allianz for $535 million
Business 4 years ago

Australia's Westpac sells general insurance unit to Allianz for $535 million

The transaction is the latest in a series of sales of underperforming insurance assets by the Austra...
OJK slashes 2020 equity fundraising target by 47%, still optimistic for 2021
Business 4 years ago

OJK slashes 2020 equity fundraising target by 47%, still optimistic for 2021

Despite revising down its estimate, the OJK remains optimistic that capital market fundraising will ...
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