Indonesia
Indonesian banks' funding costs expected to rise as government requires higher interests
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.
Bank Rakyat Indonesia's net profit inches up 6% to US$495m in 1Q17
NIM was flat YTD at 8.1%.
Bank Tabungan Negara's net profit up 21% to US$44m in 1Q17
Thanks to a rapid 18.7% loan expansion.
Bank Negara Indonesia's net profit up 8.5% to US$243m
Loans also grew by 21%.
Bank Negara Indonesia's net profit could grow 23% to US$1.04b in FY17F
Thanks to the bank's healthy loan expansion in FY16.
OCBC NISP's retail business director Thomas Low reveals his digital strategies and growth targets
Low aims for 20-30% growth with the bank's new digital capabilities.
PayCommerce's Shekhar Nair to discuss his take on the current status of cross-border payments
Nair is one of the speakers at the 2017 Retail Banking Forum in Jakarta.
Rajiv Madane of Fiserv to speak at the Asian Banking and Finance Retail Banking Forum in Jakarta
His presentation will cover the next-gen customer experience journey in payments.
Jansen Simanullang of Bank Rakyat Indonesia to discuss hindrances to digitalisation in the country
Simanullang is the electronic channels head at BRI.
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