Indonesia

Bank Mandiri reveals its top strategy

Thanks to this strategy, Bank Mandiri’s net profit grew 61.7% YoY in the first semester of 2022, SVP Thomas Wahyudi says.

Bank Mandiri reveals its top strategy

Thanks to this strategy, Bank Mandiri’s net profit grew 61.7% YoY in the first semester of 2022, SVP Thomas Wahyudi says.

Malaysia, Indonesia sukuk markets to slow in near-term: Fitch

Issuance in core markets, which include the two countries, fell 14.4% in Q3.

CIMB Niaga steps up its game amidst the digital banking boom trend through its super app OCTO Mobile

Now, OCTO Mobile by CIMB Niaga serves 2.7 million users and sees a 130.5% increase in financial transactions on an annual basis.

Indonesia’s finance and banking sector second most cyber-attacked industry

Financial institutions were attacked triple the average global every week.

Indonesia’s fintech investments bucks global trend, hits record high in H1

Payment gateway Xendit raised $300m in its Series D funding to help push up the numbers.

DBS names Lim Chu Chong as president director of DBS Indonesia

Lim is currently the COO of DBS’ Institutional Banking Group.

Home Credit Indonesia closes $10m ESG-linked loan with Deutsche Bank

The loan will be used to increase financial inclusion and literacy.

Indonesia’s LINE Bank launch two new digital loans

The loans feature flexible repayment options.

BRImo superapp offers digital account opening for Bank Raya

The gig economy-focused digital bank now has over 700,000 users.

CIMB Niaga, JCB Indonesia launch digital credit card

The card offers 10% cash back for online transactions through OCTO Mobile.

Why LINE Bank chose Indonesia as its third home

After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia.

Indonesia's PermataBank names new president director

Rusli has worked for international institutions, including Goldman Sachs and Accenture.

OCBC NISP transforms its branch into a financial fitness gym

This is the bank’s way to instill the “FinanciallyFit first, CrazyRich later” mindset to the younger generation.

Indonesia secures US$150m sustainability-linked loan from ADB

Indonesia has an annual infrastructure financing gap of around US$51b.

BRI employs AI ‘brain’ to merge its digital and physical presence

BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes