Indonesia

Indonesia's Superbank raises $167.06m in IPO

It will use 70% of the proceeds for working capital and 30% for capital expenditure.
6 days ago

Indonesia banks see NPLs climb on mortgage and vehicle loan strain

CGSI said that banks should be more cautious of auto loans than mortgages.

Wholesale lending to lift Indonesian banks’ loan growth

Average loan growth is expected to rise to 9% in 2026.

Airwallex secures majority ownership of PT Skye Sab Indonesia

Indonesian merchants wanting to expand overseas can now do so via Airwallex.

Indonesian banks’ weak loans improve with ample coverage for risks

Pockets of vulnerabilities remain in certain sectors, like the textile industry.

DANA Indonesia launches verified digital wallet for teens

The move targets a group often overlooked in policy and product design.

DANA eyes wider ASEAN reach with cross-border payment push

It is broadening merchant acceptance both online and at physical points of sale.

Indonesian banks, VinFast ink MOU to make EV ownership more accessible

They will develop attractive loan programs and develop faster credit approval processes.

BRI on track to hit full-year target despite lower Q3 profit results

Credit costs are guided to have a slight improvement in 2026.

Bank Mandiri’s net profit still down in 9M 2025 but on track with full-year estimates

Next year may see higher loan growth, stable NIM, and opex normalisation.

Indonesia’s Krom Bank renews partnership with Mambu

Krom aims to have over 20 million accounts by 2030.

Indonesia’s cooperative credit scheme could pose risks as it scales

Cooperatives carry high credit risk due to weak governance, said UOB Kay Hian.

Subdued car sales in Indonesia dampen NBFIs’ earnings growth

Four-wheel vehicle sales are unlikely to rise above 900,000 units in 2026.

Indonesia loan growth slows with drawdown delays, NPLs under scrutiny

Malaysia-based investors are watching for signs of a recovery going into FY2026F.