Indonesia

BCA superapp drives digital transaction growth

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

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.

Bank Mandiri slated for lower interest margins in 2025: analyst

But asset quality will improve thanks to new retail loans having better quality.

Bank Negara Indonesia profitability to hover at 1.8% to 1.9% in 2025

Credit costs are expected to remain modest at the current 1.3% level.

BCA Digital draws teens to digital banking

More than 2,500 accounts have been opened in less than six months.

Bank Mandiri lets customers keep track of personal emissions

Indonesia’s biggest lender by assets wants people to become sustainability champions.

BCA, Bank Syariah Indonesia on track for double-digit profit growth

Indonesian banks are in-line to deliver profit growth.

Grab, Singtel-backed Super Bank mulls IPO: report

The Jakarta-based digital bank may raise up to $300m, sources said.

Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities

Google Cloud’s data encryption will help safeguard the bank’s AI models.

Citibank expects increased funding for Indonesia’s infra, energy sectors

President Prabowo’s infrastructure projects present opportunities for investors and banks.

Panin Bank acquisition could boost DBS, OCBC profits

A full acquisition could increase fiscal year 2025 PATMI by 2% to 3%.

Indonesian banks to maintain lending rates in 2025: analyst

MSME borrowers remain weak, but some positive factors are on the horizon.