Indonesia

Citi Commercial Bank Indonesia appoints Edwin Pribadi as its head

Pribadi returns to Citi after spending a decade with OCBC Indonesia.
4 days ago

Citi Commercial Bank Indonesia appoints Edwin Pribadi as its head

Pribadi returns to Citi after spending a decade with OCBC Indonesia.
4 days ago

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.

Unlocking the future of finance: Asian Banking & Finance Forum 2024 arrives in Jakarta

Immerse yourself in the pulse of financial evolution at this premier gathering that unites visionaries from banking and finance across Asia

Indonesian banks tout sound profitability and capitalisation

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

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.

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.