Indonesia
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
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.
11 hours ago
Citibank expects increased funding for Indonesia’s infra, energy sectors
President Prabowo’s infrastructure projects present opportunities for investors and banks.
1 day ago
Panin Bank acquisition could boost DBS, OCBC profits
A full acquisition could increase fiscal year 2025 PATMI by 2% to 3%.
3 days ago
Indonesian banks to maintain lending rates in 2025: analyst
MSME borrowers remain weak, but some positive factors are on the horizon.
SEA, Japanese banks vie for Panin Bank’s state: report
OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources.
Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts
Costs are expected to rise and liquidity to fall over the next year.
Bank Central Asia's net profit climbs to $2.9b in 9M 2024
Net interest income grew by 9%, reaching $4b.
Indonesian banks to see less intense loan competition in 2025
Banks are looking to solidify their market share.
DBS Bank Indonesia’s ‘green’ credit card targets Gen Z
The premium Visa card cuts plastic waste by 3.18g and carbon emissions by 7g per card.
BRI’s UMi has disbursed $40.53b in loans to MSMEs
Three years after launch, UMi now serves 176 million depositors.
Bank Danamon struggles with credit costs due to subsidiary challenges
Credit costs rose to 2.8% in H1 2024.
BRI may miss micro loan growth target amidst asset quality concerns
Micro loans were down 0.9% quarter-on-quarter in Q2.
PT Bank Permata launches travel, dining card for affluent clients
Priority customers can avail 20,000 airline miles, subject to conditions.
BCA walks the talk on sustainable finance
The Indonesian bank considers the environment and governance in its lending decisions.
Payments platform PingPong obtains PJP license in Indonesia
PingPong eyes expanding into the country’s $320b export market.
Higher margins, lower opex buoy Bank Central Asia’s profit growth in Q2
Net profit for the first six months of the year is $1.65b, 11% higher than in H1 2023.
BRI reports $1.83b (IDR29.9t) profit in Q2
President director Sunarso hailed their credit distribution and DPK.
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1. UOB taps Leong Yung Chee as new CFO 2. Panin Bank acquisition could boost DBS, OCBC profits 3. Beyond Bank, Cognizant modernize IT systems 4. Banks may be ill-equipped for demands of real-time payments 5. HSBC sued by Australian regulator for allegedly failing to protect customers from scamsResource Center
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
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Southeast Asia’s digital banks – the road from good to great