Indonesia
It's boom time for Indonesian banks as economic growth remains promising
It's boom time for Indonesian banks as economic growth remains promising
Despite stable market conditions, the country’s economy is not quite out of the woods.
Smaller Indonesian banks' funding costs expected to increase
But the rise will be muted by the caps on time deposit rates.
Indonesian banks' capitalisation to be broadly stable
Thanks to high core profitability and loan loss coverage ratios.
Bank Central Asia on track to meet 12% loan growth target for FY18
Loans already grew 11% in the first four months of 2017.
Indonesian banks' loan growth to hit 12% as operating environment improves
But a key downside risk is the corporate sector's still high external debt level.
Indonesian banks' earnings to be boosted by declining credit costs
Indonesian banks' core profitability will remain stable.
OCBC launches onshore private banking in Indonesia
It aims to capture the wealth management needs of 48,000 high net worth individuals.
Bank Rakyat Indonesia's NPLs feared to increase by 50bps
But NPL was still stable at 2.17% in April.
Indonesian banks' funding costs expected to rise as government requires higher interests
Minimum deposit rates increased from 70% to 87% of the BI’s reference rates.
CIMB Niaga's loan growth expected to hit 5% in FY17
It only grew 2.9% in Q1.
OCBC NISP's net profit up 23% to US$42m in Q1
Total assets grew 21% to US$10.8b.
Indonesian banks play catch-up as fintech firms gain traction
Indonesia has been witnessing a vibrant fintech marketplace with more brands rising in popularity.
Bank Mandiri's net profit up 7% to US$307m in 1Q17
Loans grew a healthy 14% yoy.
CIMB Niaga's Q1 net profit surges 138% to US$48m
The bank is expected to contribute 18% of CIMB Group’s FY17 earnings.
Bank Rakyat Indonesia to increase micro loans from 49% of its total portfolio
The bank's new CEO disclosed some of his strategies for the bank.
Bank Central Asia's 1Q17 net profit up 10.7% to US$368m
But growth was achieved at the expense of declining NPL coverage.
Indonesian banks to finally see a slowing pace of NPL growth
Credit uptake will likely increase in the coming quarters.
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