The Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

LOG IN / REGISTER

LOG IN

Don’t have an account? Register here Give your organization full access to The Jakarta Post. Register here

state-owned-banks

Business 5 years ago

Jokowi aims to awaken ‘sleeping giant’ by merging state-owned sharia banks

President Jokowi said he aimed to realize the full potential of Indoensia's sharia financial industry by merging state-owned sharia banks, likening the industry to a “sleeping giant” that could boost economic activity.

Business 5 years ago

State-owned banks form biggest sharia bank in subsidiaries merger

BRI Syariah will be the surviving entity as its publicly listed status will simplify the merger.

Business 6 years ago

Bank Mandiri boss Royke Tumilaar appointed new BNI president director

Bank Mandiri’s former finance director, Silvano Rumantir, was also appointed as BNI’s corporate banking director.

Business 6 years ago

PREMIUM
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 in a good condition.

Business 6 years ago

Govt mulling merger of state-owned Islamic banks to unify power, VP says

Vice President Ma'ruf Amin has said the government is mulling merging several state-owned Islamic banks – banks that offer services that are sharia-compliant – to unify their power and boost their global rating.

Business 6 years ago

Government places $2.12b in state-owned banks to accelerate economic recovery

The funds will be kept in deposit accounts with interest rates of 80 percent of the central bank’s benchmark interest rate of 4.25 percent.

Business 6 years ago

State-owned banks restructure loans worth US$8 billion

Around 96 percent, 801,000 borrowers, came from the micro, small and medium segments.

Business 6 years ago

OVO to disburse cash benefit for preemployment card recipients

Under the partnership, OVO will disburse Rp 600,000 (US$38) monthly cash benefit for four months to the e-wallet accounts of program participants after they finish their training courses.