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danamon

Fitch cuts outlook on Indonesian banks after sovereign warning
Economy 6 days ago

PREMIUM
Fitch cuts outlook on Indonesian banks after sovereign warning

Economists say the downward revision could raise lenders’ funding costs and put pressure on share and bond prices, though strong capital and profitability should cushion the impact. 
Standard Chartered Indonesia to sell retail loan portfolio to Bank Danamon
Companies 2 years ago

PREMIUM
Standard Chartered Indonesia to sell retail loan portfolio to Bank Danamon

Standard Chartered Indonesia has announced plans to sell its credit card, personal loan, mortgage and auto loan business to a local unit of MUFG.
Wouldn't happen in US, EU: Former minister hails Indonesia’s answer to inflation
Economy 3 years ago

PREMIUM
Wouldn't happen in US, EU: Former minister hails Indonesia’s answer to inflation

Charting a proactive path to recovery, a former finance minister, a prominent business representative and a high-ranking policymaker all agree that Indonesia must buttress domestic demand while keeping a lid on prices to emerge stronger from a worldwide crisis.
Mergers, acquisitions in banking industry mark 2019 despite weak loan growth
Business 6 years ago

PREMIUM
Mergers, acquisitions in banking industry mark 2019 despite weak loan growth

Loan growth slowed to 6.53 percent in October year-on-year, the lowest level since 2016.
Asian lenders bank on Indonesia for growth
Business 6 years ago

PREMIUM
Asian lenders bank on Indonesia for growth

The increasing interest by Asian banks in Indonesia is a result of low interest rates in many countries on the continent, said Federation of Private Domestic Banks (Perbanas) chairman.
Bank Danamon and BNP complete merger
Business 6 years ago

Bank Danamon and BNP complete merger

Customers of the merged bank are now able to enjoy Bank Danamon’s vast array of products and services as well as its national network.
More banks to enter BUKU IV category by 2021
Business 7 years ago

More banks to enter BUKU IV category by 2021

OCBC NISP, Danamon and BTN are likely to join a group of  banks whose capital exceeds Rp30 trillion in the coming years.
Danamon appoints new commissioner, representing MUFG Bank
Business 7 years ago

Danamon appoints new commissioner, representing MUFG Bank

Bank Danamon Indonesia has announced the appointment of a new commissioner, a representative from Japan’s MUFG Bank, after the extraordinary meeting of shareholders on Monday.
Danamon aims to facilitate unbanked through D-Wallet
Business 8 years ago

Danamon aims to facilitate unbanked through D-Wallet

Private lender Bank Danamon tapped into the digital wallet ecosystem as a latecomer by launching D-Wallet, a smartphone app functioning as digital wallet to settle payment activities in both online and offline transactions.
Indonesian economy faces tough challenges: Danamon
Business 8 years ago

Indonesian economy faces tough challenges: Danamon

The economy faces tough global challenges with the rupiah exchange rate weakening, says an economic team from publicly listed private lender Bank Danamon.
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