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View all search resultsloan-disbursement
Business 5 years ago
State-owned banks disburse $6b in working capital loans after govt fund placement
State-owned banks have collectively disbursed Rp 88 trillion (US$5.94 billion) in working capital loans using funds placed in them by the government, with almost all of the banks reaching their credit channeling target.
Business 5 years ago
BNI sees 41% profit dive in first half over deteriorating asset quality
The publicly listed bank booked Rp 4.46 trillion (US$301.34 million) in net profit in the first half of this year. The figure contracted 41.6 percent compared to the same period of 2019 due to flatlining net interest income, which only grew 1 percent to Rp 17.8 trillion caused by delayed loan repayment.
Business 5 years ago
State banks to disburse $6.32b in loans to help businesses recover from COVID-19 hit
“We will prioritize the disbursement to the micro, small and medium enterprises [MSMEs] segment in several sectors like food and distribution, tourism, transportation, housing and construction,” Himbara chairman Sunarso said.
Politics 5 years ago
Minister steps in to clarify 'millennial' staffer's loan gaffe for Papuan entrepreneurs
The Cooperatives and Small and Medium Enterprises Ministry has clarified a statement made by presidential expert staff member Gracia Billy Mambrasar, who claimed that 21 young Papuan entrepreneurs under his company had secured Rp 1.44 billion (US$92,286) from the ministry’s revolving loan management agency.
