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State-owned banks post record-low profits amid weak demand, high provisions
Business 4 years ago

PREMIUM
State-owned banks post record-low profits amid weak demand, high provisions

State-owned banks had it "bad" last year because the government had ordered them to active...
Indonesia gears up for digital banks amid legal vacuum
Business 4 years ago

PREMIUM
Indonesia gears up for digital banks amid legal vacuum

The eager players to tap into this new form of banking span from traditional banks, including the co...
US to finance Indonesia’s multibillion development projects
Business 5 years ago

PREMIUM
US to finance Indonesia’s multibillion development projects

The US’ International Development Finance Corporation (IDFC), said to be a direct competition ...
Indonesian banks buoyant despite sluggish economic growth
Business 5 years ago

PREMIUM
Indonesian banks buoyant despite sluggish economic growth

Indonesian lenders remain upbeat on profit growth next year, even though the country’s economy...
Big business 'rush' to invest in more start-ups to boost growth
Business 5 years ago

PREMIUM
Big business 'rush' to invest in more start-ups to boost growth

Private conglomerates and state-owned enterprises are investing more in start-ups for growth and tra...
Lending growth remains healthy despite high interest rates: Bankers
Business 5 years ago

PREMIUM
Lending growth remains healthy despite high interest rates: Bankers

BI cut its benchmark rate in October for the fourth consecutive month as it aims to boost lending gr...
BRI teams up with Traveloka to offer Brizzi e-money card top-up service
Business 5 years ago

BRI teams up with Traveloka to offer Brizzi e-money card top-up service

BRI targets to issue 15.5 million of cards by the end of this year.
Indonesia expands horizons to US for infrastructure funding
Business 5 years ago

PREMIUM
Indonesia expands horizons to US for infrastructure funding

The government has set its sights on diversifying its funding sources for big ticket infrastructure ...
CEO of Indonesia’s most profitable state bank rejects new post
Business 6 years ago

CEO of Indonesia’s most profitable state bank rejects new post

The move by the SOE Ministry runs contrary to the President's instruction for ministers not to m...
Indonesian banks hope interest income will pick up in second half
Business 6 years ago

PREMIUM
Indonesian banks hope interest income will pick up in second half

Most of Indonesia’s major banks’ NIMs fell during the first half due to a series of...
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