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The Jakarta Post
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loan-growth

Indonesian banks' results reflect deteriorating assets, but hopes remain: Experts
Business 1 month ago

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Indonesian banks' results reflect deteriorating assets, but hopes remain: Experts

Despite the asset quality concerns, experts are of the view that Indonesia’s banks are still i...
Bad loans to keep rising this year as economy yet to fully recover: Economists
Business 1 month ago

Bad loans to keep rising this year as economy yet to fully recover: Economists

Financial Services Authority (OJK) data show that the nonperforming loan (NPL) ratio, the proportion...
BTN upbeat over prospect of exceeding profit target as funding cost decreases
Business 1 month ago

BTN upbeat over prospect of exceeding profit target as funding cost decreases

President director Pahala N. Mansury expressed optimism that BTN could book more profit than its ini...
BTPN sees net profit contract by 9% in H1
Business 1 month ago

BTPN sees net profit contract by 9% in H1

BTPN has recorded a contraction in its net profit in this year’s first six months as interest ...
BCA H1 net profit contracts as loan growth cools, bad debts rise
Business 1 month ago

BCA H1 net profit contracts as loan growth cools, bad debts rise

Publicly listed Bank Central Asia (BCA) saw an annual contraction in its net profit in this year&rsq...
Credit guarantee to boost lending for MSMEs, but risk of bad loans haunts banks
Business 2 months ago

Credit guarantee to boost lending for MSMEs, but risk of bad loans haunts banks

The scheme would be crucial to stimulate credit growth, said Bank Indonesia.
Fintech loan disbursement slows amid pandemic
Business 2 months ago

Fintech loan disbursement slows amid pandemic

Fintech P2P loan disbursement grew just 3.12 percent year-on-year (yoy) in May to a total of Rp 109....
Government gives LPS more power to prevent bank failure
Business 2 months ago

Government gives LPS more power to prevent bank failure

Under the regulation, the LPS can now place funds in banks during the economic recovery from th...
Government guarantees $6.9b in working capital loans for MSMEs
Business 2 months ago

Government guarantees $6.9b in working capital loans for MSMEs

The government has paid Rp 5 trillion worth of credit insurance premium to provide guarantees for ba...
Businesses urge banks to speed up loan disbursement to boost economy
Business 2 months ago

Businesses urge banks to speed up loan disbursement to boost economy

Indonesia is running out of time to rescue its businesses from the impact of the coronavirus pandemi...
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