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banking

Bank Indonesia projects slight uptick in loan growth this year
Economy 1 year ago

PREMIUM
Bank Indonesia projects slight uptick in loan growth this year

Indonesia's lending growth is projected to reach 10.8 percent this year, slightly higher than th...
BTN sends letter of intent to acquire Bank Muamalat stake
Companies 1 year ago

PREMIUM
BTN sends letter of intent to acquire Bank Muamalat stake

BTN has kick-started its move to acquire a stake in the country's oldest sharia bank, in line wi...
IDX Composite could break 8,000 points in 2024, analysts say
Markets 2 years ago

PREMIUM
IDX Composite could break 8,000 points in 2024, analysts say

Banking, telecommunications and consumer goods are expected to propel the Indonesian bourse to a new...
Sluggish rise in bank savings may slow loan growth, analysts warn
Economy 2 years ago

PREMIUM
Sluggish rise in bank savings may slow loan growth, analysts warn

Experts warn that the ongoing "liquidity battle" between banks and government could be exp...
‘Don’t be too careful’: Jokowi urges banks to jack up loans for the economy
Economy 2 years ago

PREMIUM
‘Don’t be too careful’: Jokowi urges banks to jack up loans for the economy

President Joko “Jokowi” Widodo has asked banks to not hesitate in giving loans to busine...
Sharia banking will need ‘a long time’ to take off in Indonesia
Regulations 2 years ago

PREMIUM
Sharia banking will need ‘a long time’ to take off in Indonesia

The Islamic finance industry is smaller than one may expect in the country with the largest Muslim p...
Citi Indonesia concludes consumer banking sell-off to UOB
Companies 2 years ago

PREMIUM
Citi Indonesia concludes consumer banking sell-off to UOB

Citi and UOB first announced the transaction in January last year, as part of a broader sale of Citi...
China's biggest lender ICBC hit by ransomware attack
Tech 2 years ago

China's biggest lender ICBC hit by ransomware attack

China's foreign ministry said on Friday the lender is striving to minimize risk impact and losse...
Bank Mandiri books 12.7 percent loan growth as of September
Companies 2 years ago

PREMIUM
Bank Mandiri books 12.7 percent loan growth as of September

The lender’s assets grew to Rp 2 quadrillion by the end of the third quarter, making Bank Mand...
BRI books Rp 44.21 trillion profit in Q3 2023
Companies 2 years ago

BRI books Rp 44.21 trillion profit in Q3 2023

According to BRI’s Q3 performance analysis, the bank reported a net profit of Rp 44.21 trillio...
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