Indonesia
Can Indonesian banks survive the severe local currency depreciation?
Can Indonesian banks survive the severe local currency depreciation?
The Indonesian rupiah has plunged to a three-year low which might level strain on the banking system.
Indonesia eyes tighter fintech regulations to curb loan shark activity
Fintech firms will be compelled to be registered with authorities.
Bank Negara Indonesia profits up 13.3% to $258.48m in Q1
Interest income, fee income, and loan recovery buoyed quarterly learnings.
PT Bank Mandiri teams up with Lombard Odier to boost offshore business
The bank’s subsidiary will offer a more diversified portfolio to lure asset repatriation.
Indonesia makes headway in curbing its unbanked population
Almost half of adults now have a bank account, up from a fifth in 2011.
Bank Rakyat Indonesia poised for double-digit earnings growth
Potential savings between $217m to $363m could buoy the bank from a three-year decline.
Indonesian banks' loan growth poised to hit 8.3% in Q1
Manufacturing loans, which accounts for a lion's share of credit, is expected to register sluggish growth.
Indonesian banks shoulder growing bad debt burden
NPL volumes hit $9.8b in 2016 representing almost a double increase in bad loan ratio.
Indonesian banks' loans rose 8.2% in February
Banks are similarly targeting higher loan growth of 12% in 2018.
Indonesia imposes new capital surcharge for top lenders
Banks must deal with surcharge of 1% to 3.5% of risk weighted assets.
More than 70 delegates graced the Retail Banking Forum 2018 in Jakarta
The forum focused on digital transformation and emerging technologies.
Celent's Eiichiro Yanagawa to speak on open API banking at the 2018 Banking Forum in Jakarta & Bangkok
He will talk about the global trends on open banking and Japanese banks' API efforts.
BTPN powers its mobile banking platform and mobile app
This partnership with Software AG has led to reduced error rates and lower branch operation costs.
Monitor Deloitte's Mohit Mehrotra to join the 2018 Retail Banking Forum as thought leader
He will discuss the big shifts and their implications on financial services.
Bank Danamon's net profit grows 38% to $259m
Most income statements improved except weak fee-based income.
Bank Mandiri's 4Q17 profits up 211% YoY to $411m
This is on the back of lower provisions and solid non-interest revenue.
Indonesian banks have no more room for rate cuts in 2018
Cutting their reference rate twice in June and September 2017 is enough.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
