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Regulations 1 year ago

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OJK targets ‘zombies’, ‘parasites’ in rural bank scrutiny

The initial purpose of rural lenders, namely to serve small businesses, has been hampered by the bro...

Business 6 years ago

AliPay, WeChat entry faces hurdles

A number of major state-owned lenders have expressed interest in cooperating with e-wallet prov...

Business 6 years ago

WeChat, Alipay yet to have agreements to operate in Indonesia: BI

Bank Indonesia has said WeChat and Alipay -- two payment instruments from China -- do not have a for...

Business 7 years ago

SMF to issue more asset-backed securities this year

State-owned secondary mortgage company PT Sarana Multigriya Finansial (SMF) plans to issue asset-bac...

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