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banking-industry

BNI profit down 64% in first nine months as risky loans soar
Business 4 years ago

BNI profit down 64% in first nine months as risky loans soar

Bank Negara Indonesia’s (BNI) net profit fell sharply in the first nine months of the year due...
BTPN profits decline 21% in Q3 as bad loans increase
Business 4 years ago

BTPN profits decline 21% in Q3 as bad loans increase

The decline was a result of an 84 percent increase in loan-loss provision to Rp 1.95 trillion, while...
Loan restructuring program extended until 2022
Business 4 years ago

Loan restructuring program extended until 2022

According to OJK data, as of Sept. 28, a total of Rp 904.3 trillion in loans to 7.5 million borrower...
Weak loan growth, rising savings signal further GDP contraction: Economists
Business 4 years ago

Weak loan growth, rising savings signal further GDP contraction: Economists

Slowing loan growth and rising savings point to a continued plunge in economic activity in the third...
Australia's Westpac bank agrees record fine for money-laundering
Business 4 years ago

Australia's Westpac bank agrees record fine for money-laundering

The regulator accused Westpac in November 2019 of wholesale breaches of money-laundering and counter...
BRI haunted by bad debt
Business 4 years ago

PREMIUM
BRI haunted by bad debt

The bank’s shares have fallen by more than 27 percent this year.
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks
Business 4 years ago

PREMIUM
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks

In a draft revision of the 1999 and 2004 BI laws, the House's Legislative Body (Baleg) proposed ...
Realigning bank oversight
Editorial 4 years ago

Realigning bank oversight

Instead of depriving the OJK of its banking oversight mandate, the government should help the OJK re...
Why the ‘new normal’ is not so new for banks
Opinion 4 years ago

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Why the ‘new normal’ is not so new for banks

The adjustment to the new normal, though, will more likely be felt in the back-office functions of f...
Bad loans to keep rising this year as economy yet to fully recover: Economists
Business 4 years ago

Bad loans to keep rising this year as economy yet to fully recover: Economists

Financial Services Authority (OJK) data show that the nonperforming loan (NPL) ratio, the proportion...
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