Bank Indonesia
Bank Indonesia is the central bank of the Republic of Indonesia. It replaced in 1953 the Bank of Java, which had been created in 1828 to serve the financial needs of the Dutch East Indies.
See below for the Latest Bank Indonesia News, Analysis, Profit Results, Share Price Information, and Commentary
Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts
Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts
Costs are expected to rise and liquidity to fall over the next year.
Malaysia, Indonesia renew bilateral swap agreement.
The agreement has been extended for another 5 years.
Indonesia’s new loans rise in Q2
New loan disbursements are expected to further grow in Q3.
Indonesia and South Korea to enhance cross-border payments
The central banks expect that it will promote digital economy and benefit the tourism sector.
Indonesia, UAE team up to promote local currency use in bilateral transactions
UAE and Indonesia's non-oil trade grew to $3.1b between 2017 and 2023.
Indonesian banks gave out more new loans in Q1
But the number is lower than in Q4 2023 and will slow down further in Q2.
New rules, price caps to push more mergers amongst Indonesia’s P2P lenders
The regulations will raise compliance costs, but price caps will make it hard to offset them.
Indonesia’s Islamic financing to expand by 10% -12% in 2024: deputy gov
Indonesia’s sharia economy and finance maintained positive growth in 2023.
New loans in Indonesia to moderate in Q1: survey
The weighted net balance is at 96.1% in Q4 2023, but is only expected to be 44.6% in Q1.
Indonesia’s net liability IIP sustains slump Q3’23
It fell 0.5% quarter-on-quarter to $252.6.
Indonesia, Korea unveil operational guidelines for local currency transactions
This is part of the two countries’ agreement to promote bilateral transactions in local currency.
Korea, Indonesia central banks ink MOU for bilateral trade: report
It reduces companies’ exposure to exchange rate risks.
MAS, Bank Indonesia extends bilateral financial arrangement
Both leaders of Singapore and Indonesia endorsed the arrangement.
Indonesia launches real-time payments infrastructure BI-FAST
Twenty banks are already live and have access to 24/7 real-time credit transfers.
MAS and Bank Indonesia extends $10b bilateral financial agreement
The two extended the agreement until 4 November 2022.
Commentary
Southeast Asia’s digital banks – the road from good to great