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Jakarta Post
The Jakarta Post
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banks

US banks tightened loan standards in first quarter as coronavirus outbreak took hold
Business 2 weeks 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...
BI injects $32.7b into financial system as rupiah strengthens
Business 3 weeks ago

BI injects $32.7b into financial system as rupiah strengthens

Starting May 1, the reserve requirement ratio will be lowered by 200 basis points (bps) for commerci...
Bail-in, not bailout banks
Editorial 3 weeks ago

Bail-in, not bailout banks

Profitability and asset quality have been adversely affected by the COVID-19-induced economic downtu...
BI requires banks to buy govt bonds using $6.5b in excess liquidity
Business 1 month ago

BI requires banks to buy govt bonds using $6.5b in excess liquidity

Bank Indonesia Governor Perry Warjiyo has said that a recent central bank regulation to cut the...
Most banks have offered relief to clients affected by COVID-19: OJK
Business 1 month ago

Most banks have offered relief to clients affected by COVID-19: OJK

State-owned banks alone have offered their customers relief by restructuring debt totaling Rp 2...
Local banks offer relief to help borrowers and themselves in COVID crisis
Business 1 month ago

Local banks offer relief to help borrowers and themselves in COVID crisis

A number of local banks have announced relief programs to help corporate and individual borrowers co...
Bank Indonesia, OJK limit direct services as social distancing measure to contain virus
Business 2 months ago

Bank Indonesia, OJK limit direct services as social distancing measure to contain virus

Bank Indonesia has closed its cash payment services and visitation programs while continuing its onl...
BI wants 50,000 merchants in East Nusa Tenggara to use QRIS payments in 2020
Business 2 months ago

BI wants 50,000 merchants in East Nusa Tenggara to use QRIS payments in 2020

BI East Nusa Tenggara province head I Nyoman Ariawan Atmaja said that as of March, 10,533 merchants ...
Bank Indonesia makes push to bring street vendors to world of cashless payments
Business 2 months ago

Bank Indonesia makes push to bring street vendors to world of cashless payments

Bank Indonesia launched the QRIS system in August last year and officially implemented the...
BI cuts reserve ratio, frees up $3.2b liquidity in local banks amid market sell-off
Business 2 months ago

BI cuts reserve ratio, frees up $3.2b liquidity in local banks amid market sell-off

Starting March 16, the requirement for banks to store their dollar funds at BI, called the US$ reser...
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