Indonesia

Indonesian banks reap returns from IT investments

Bank Mandiri’s digital fee income grew by double digits.
6 days ago

MUFG’s Indonesian loan subsidiaries announce merger

MFIN will be dissolved, and ADMF will be the surviving entity.

Bank Central Asia’s net profit up 9.8% to IDR14.1t

Double digit loan growth and net interest margin expansion helped push profits up.

Bank Central Asia’s low costs, strong liquidity steadies earnings growth

Ample liquidity and low funding costs will optimise its returns, Maybank Securities said.

Banking turmoil from Indonesian SWF flagged

An ‘institutional firewall’ should shield basic banking functions from the fund.

Indonesian banks face slower loan growth if tariff war escalates

The most severe case would constrain lending and prompt capital preservation.

1 in 3 Indonesians blame banks for scam losses: study

Indonesians generally do not expect refunds but do expect protection, FICO found.

Indonesians desire better fraud protection in real-time payments

Nearly all of the Indonesians surveyed have sent and received RTP.

BCA remains world’s strongest banking brand: report

It was driven by strong customer satisfaction.

BCA superapp drives digital transaction growth

Inter-account transfers were the most widely used service, followed by virtual payments.

Citi Indonesia names Wit Oemar as head of corporate banking

He is one of the founding members of Citi Commercial Bank in Indonesia.

SME loan exposure raises Bank Rakyat Indonesia’s asset risk

Profitability is also set to decrease in 2025, Moody’s said.

DBS Bank Indonesia pushes ESG through Spark Savings

The savings account offers yearly interest rates of as much as 3.25%.

Amar Bank pushes embedded finance

The Jakarta-based lender promises partners integration in less than a month.