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Jakarta Post
The Jakarta Post
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merger-and-acquisition

Small banks could be forced to merge under new regulation, OJK says
Business 3 months ago

PREMIUM
Small banks could be forced to merge under new regulation, OJK says

The Perppu allows for stricter enforcement against violations of merger instructions from the OJK, i...
Mergers, acquisitions in banking industry mark 2019 despite weak loan growth
Business 6 months ago

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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.
BCA acquires local arm of Dutch agriculture-focused lender Rabobank
Business 7 months ago

BCA acquires local arm of Dutch agriculture-focused lender Rabobank

This will be the second acquisition by BCA as earlier this year, the country’s biggest bank by...
Minister's restructuring plan aims to make SOEs profitable, competitive
Business 7 months ago

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Minister's restructuring plan aims to make SOEs profitable, competitive

The businessman-turned-bureaucrat is planning sweeping reforms that aim to turn SOEs into profi...
Bank ownership revision will encourage investment
Business 11 months ago

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Bank ownership revision will encourage investment

OJK banking supervisory division head Heru Kristiayana confirmed that the agency would soon no longe...
Indonesia to see more mergers, acquisitions of banks this year
Business 1 year ago

Indonesia to see more mergers, acquisitions of banks this year

Mergers and acquisitions in Indonesia’s banking industry are projected to flourish this year a...
Jerry Ng steps down from BTPN as bank merges with SMBCI
Business 1 year ago

Jerry Ng steps down from BTPN as bank merges with SMBCI

Jerry Ng has officially stepped down from his role as president director of Bank Tabungan Pensiunan ...
World's top two shipbuilders in deal to merge: Seoul
Business 1 year ago

World's top two shipbuilders in deal to merge: Seoul

The world's biggest shipbuilder, South Korea's Hyundai Heavy Industries, has reached a deal ...
Indonesia only needs 70 banks: Association
Business 1 year ago

Indonesia only needs 70 banks: Association

The Indonesian Banks Association has said that 50 to 70 banks are sufficient to ensure healthy compe...
With $890 billion in cash, Japan M&A set for `biggest year ever'
Business 1 year ago

With $890 billion in cash, Japan M&A set for `biggest year ever'

Japan outmuscled China to dominate mergers and acquisitions in Asia last year, and with companies in...
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