Indonesia
Indonesia, Korea unveil operational guidelines for local currency transactions
This is part of the two countries’ agreement to promote bilateral transactions in local currency.
17 hours ago
Indonesia, Korea unveil operational guidelines for local currency transactions
This is part of the two countries’ agreement to promote bilateral transactions in local currency.
17 hours ago
OCBC Indonesia undergoes rebranding, logo change for a unified financial future
The emblematic change carries OCBC Group’s ‘One Brand, One Group Unity’ strategy across markets in Singapore, Malaysia, Hong Kong, Macau, and mainland China.
5 days ago
Robust profits, lower credit costs to buoy Indonesia’s banks in 2024
The sector's profitability has surpassed pre-pandemic levels to reach 2.7%.
6 days ago
Bank DBS Indonesia avails fast, reliable and sustainable corporate banking
Its ESG-based bank financing, as reflected in sales and asset under management, proves to be an IDR1.8t (US$117m) success.
Digibank by DBS sets new digital banking standards
Apart from speed and convenience, DBS stays ahead with exceptional personalisation, open banking, and enhanced security.
Citi completes sale of Indonesia consumer business to UOB
This marks Citi’s ninth and final full consumer divestiture in Asia.
OCBC to acquire Indonesia’s Bank Commonwealth for $191.4m
PT Bank OCBC bought almost 100% shares in PT Bank Commonwealth.
Bank Rakyat Indonesia issues new green bonds worth IDR6t
This is in line with the BRI’s commitment to sustainable finance.
JCB, Indonesia’s BNI launch credit card with focus on dining
Cardholders will get a $974 cashback if they spend $9,750 across a certain period.
MUFG closes $404m green loans to build two data centres in Jakarta
This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.
Bank Rakyat Indonesia’s assets leaps 9.2% YoY in Q2
It boosted its consolidated earnings to IDR23.56t.
Advisory takes centre stage in Danamon's next-Generation Branches
Danamon’s next-generation branches reshape banking by performing more advisory functions and improving customer experiences.
Double digit profit, loan growth in the horizon for Indonesia’s BCA
Net profit will rise by 21% year-on-year.
SkorLife takes $4m seed funding to empower Indonesians with financial literacy
This fintech startup plans to leverage technology to lift the Indonesian market’s potential for better financing.
Fasset superapp aims to use digital assets to drive financial inclusion
The digital asset company plans to eventually offer remittance, lending, and borrowing.
MUFG buying 80.6% shares in Indonesia’s PT Mandala Multifinance Tbk for $468m
MUFG will hold 70.6% of shares whilst PT Adira Dinamika Multi Finance Tbk will hold 10%.
3 principles guide Bank Aladin Syariah in tapping Indonesia’s customer segments
Within a year, the digital sharia bank got past low penetration to record 1.7 million customers and now targets multiple times growth by end-2023.
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SAP & SAP Fioneer's leadership shines: Transforming financial services with industry giants
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SAP and SAP Fioneer's pivotal role in reshaping financial landscapes across the Asia Pacific was highlighted at the recent SAP & SAP Fioneer Financial Services Forum Asia Pacific.
SAP and SAP Fioneer's pivotal role in reshaping financial landscapes across the Asia Pacific was highlighted at the recent SAP & SAP Fioneer Financial Services Forum Asia Pacific.
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