Indonesia

Lending will be led by big banks who can lure clients from smaller players.

The Indonesian rupiah has plunged to a three-year low.

When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital payment customers is too much for digital companies and investors to ignore. The likes of SoftBank, Alibaba’s Ant Financial, and Chinese ride hailing giant Didi-Chuxing are injecting billions of dollars into companies with a chance of gaining a foothold in the market.

The purchase may need more foresight as the bank in question has high bad loan levels.

The Indonesian rupiah has plunged to a three-year low which might level strain on the banking system.

Fintech firms will be compelled to be registered with authorities.

Interest income, fee income, and loan recovery buoyed quarterly learnings.

The bank’s subsidiary will offer a more diversified portfolio to lure asset repatriation.

Almost half of adults now have a bank account, up from a fifth in 2011.

Potential savings between $217m to $363m could buoy the bank from a three-year decline.

Manufacturing loans, which accounts for a lion's share of credit, is expected to register sluggish growth.

NPL volumes hit $9.8b in 2016 representing almost a double increase in bad loan ratio.

Banks are similarly targeting higher loan growth of 12% in 2018.

Banks must deal with surcharge of 1% to 3.5% of risk weighted assets.

The forum focused on digital transformation and emerging technologies.

He will talk about the global trends on open banking and Japanese banks' API efforts.