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The Jakarta Post
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banks

The future of banking is not for banks
Opinion 2 months ago

The future of banking is not for banks

It took years to understand Bill Gates’ quote, “Banking is necessary, but banks are not....
Big US banks offer muddled outlook on how bad coronavirus losses might get
Business 3 months ago

Big US banks offer muddled outlook on how bad coronavirus losses might get

In reporting third-quarter results, CEOs and finance chiefs at the five biggest US lenders gave...
Chinese banks to post first first-half profit drop in over a decade amid pandemic pain
Business 4 months ago

Chinese banks to post first first-half profit drop in over a decade amid pandemic pain

Some of China’s largest banks are set to post their first drop in first-half profits since the...
Global dividend plunge to be worst since financial crisis
Business 4 months ago

Global dividend plunge to be worst since financial crisis

The coronavirus crisis will see the world’s biggest firms slash dividend payouts between 17 pe...
State-owned banks disburse nearly $3 billion in working capital loans using govt funding
Business 5 months ago

State-owned banks disburse nearly $3 billion in working capital loans using govt funding

State-owned banks have collectively disbursed Rp 43.5 trillion (US$2.99 billion) in working capital ...
Banks face human resource challenge amid digital development
Business 5 months ago

Banks face human resource challenge amid digital development

Indonesian banks face challenges with human resources as they strive to bolster digital banking duri...
European banks team up to offer alternative to Visa, Mastercard
Business 6 months ago

European banks team up to offer alternative to Visa, Mastercard

The proposal would offer consumers the possibility to make instant transactions, a service start-ups...
US House passes bill to sanction Chinese banks over Hong Kong
Business 6 months ago

US House passes bill to sanction Chinese banks over Hong Kong

The US House of Representatives passed legislation on Wednesday that would penalize banks doing...
Wirecard's missing money didn't enter Philippine financial system, central bank says
Business 6 months ago

Wirecard's missing money didn't enter Philippine financial system, central bank says

None of the US$2.1 billion missing from scandal-hit German payments firm Wirecard AG appears to have...
Digital banking prioritizes security amid cyber threats
Business 6 months ago

Digital banking prioritizes security amid cyber threats

National banks have pledged to maintain strong digital security systems and have encouraged consumer...
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