Indonesia

Indonesian banks tout sound profitability and capitalisation

Only a fraction of restructured loans will become bad loans, Fitch said.
4 hours ago

Indonesian banks tout sound profitability and capitalisation

Only a fraction of restructured loans will become bad loans, Fitch said.
4 hours ago

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.
1 day ago

Tighter money supply strains Indonesian banks’ margins

Whilst margins may rise in the short-term, margins could fall deeper in the long-term.

What Makes BNI's API Service Stand Out in the Open Banking Era?

Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.

Bank Jago’s life-centric approach suits new style of financial management

The tech-based bank has assisted more than 10 million Indonesians through seamless integration into the digital ecosystem since 2021.

BCA Group’s blu app expands digital ecosystem through BaaS

The strategy has successfully fostered transactions and built customer trust by 53.4% throughout 2023.

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. 

Bank Mandiri’s loan quality improved moderately in 2023: Moody’s

Share of impaired loans were “modestly lower” compared to 2022.

Bank Tabungan Negara (BTN) to boost Shariah home ownership loans

As of November 2023, BTN Syariah’s assets have reached IDR 49 trillion.

SMBC’s Indonesian arm begins offering ESG deposit product

BTPN will earmark deposits made under this for financing in the ESG field.

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.

Indonesian banks extended more new loans in December

This was thanks to a rise in demand from both corporates and households.

BRI’s BRImo app now has 30.4 million users

There were only 2.9 million users in 2019, in comparison.