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View all search resultsTop global banks such as HSBC, JP Morgan and Santander had between 2021 and 2024 allocated only $1,368 billion "for sustainable power such as solar, wind, and related infrastructure ... while $3,285 billion was allocated to fossil fuels," it said.
Financial Transaction Reports and Analysis Centre (PPATK) head Ivan Yustiavandana denied any intention to limit ones’ rights to bank transactions with the dormant account suspension policy, saying that the move was taken to prevent criminal acts that often exploit inactive bank accounts.
Executive order expected to instruct regulators to investigate whether financial institutions have breached the Equal Credit Opportunity Act, antitrust laws or consumer financial protection laws by dropping customers for political reasons.
Bank Central Asia (BCA) posted a net profit of Rp 29 trillion (US$1.7 billion), up 8 percent year-on-year (yoy), in the first half of this year, in line with growing loan disbursement and funding, as well as rising transaction volume.
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