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The Jakarta Post
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banks

State-owned banks disburse nearly $3 billion in working capital loans using govt funding
Business 2 weeks 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 2 weeks 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 1 month 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 1 month 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 1 month 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 1 month ago

Digital banking prioritizes security amid cyber threats

National banks have pledged to maintain strong digital security systems and have encouraged consumer...
US bank profits plunge 70% on coronavirus loss provisioning
Business 1 month ago

US bank profits plunge 70% on coronavirus loss provisioning

US bank profits fell by 69.6 percent to US$18.5 billion in the first quarter of 2020 from ...
Thirteen financial institutions get access to government’s civil registry database
Business 2 months ago

Thirteen financial institutions get access to government’s civil registry database

Financial institutions including mobile payment service providers and peer-to-peer lending platforms...
Ultra-rich to place more funds in banks amid liquidity crunch: Economists
Business 2 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 ...
US banks tightened loan standards in first quarter as coronavirus outbreak took hold
Business 3 months ago

US banks tightened loan standards in first quarter as coronavirus outbreak took hold

Loan officers at US banks reported significantly tightening standards and terms on business loans in...
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