Indonesia
Bank Central Asia's net profit jumped 10.9% to $1.84b in 2018
Bank Central Asia's net profit jumped 10.9% to $1.84b in 2018
Loan growth hit 15.1% amidst strong corporate demand.
Indonesia's Bank Mandiri mulls takeover of Standard Chartered-backed rival: report
It could merge it with Mandiri itself or with its unit, Bank Mantap.
Earnings gap between Indonesian banks widen as small players struggle
The 2018 profits of Book II banks dropped to $648.66m from $726.38m in 2017.
Indonesia's Islamic banks narrow earnings gap with conventional lenders
Return on assets rose to 1.5% in 2018 from 0.8% in 2017.
Bank Rakyat Indonesia profit up $2.32b in 2018
Non-interest income surged 25%.
Indonesia gears to set up mega-lender to oversee 40% of banking assets
The four state banks will be put under the holding company, PT Danareska.
Indonesia urged to cut bank network to 70 lenders
The bank association believes that this is the ideal number to foster competition.
Indonesian banks tie up to launch QR code payment platform with Alipay
'Link Aja' will launch sometime in February to March.
WeChat and AliPay still no-go in Indonesia
Bank Cental Asia and CIMB Niaga are still completing the necessary documents.
Indonesian banks refuse to pass rate hike burden to consumers
Borrowing costs remain low as lenders hope to stoke consumption.
Bank Negara Indonesia profit inches up 1% to $250m in Q3
Low interest expenses, which dropped 11%, boosted earnings.
How Bank Muamalat Indonesia used smart mapping technology to optimise its branch and ATM network
The bank enhanced 64% of its ATM's cost and acquired 10% more customers with 40% less branches.
Is Indonesia's bloated bank network prime for foreign takeover?
Mergers would be welcome in light of weakening rupiah.
Indonesia's big 4 banks hold firm against tumbling rupiah
Their low dollar balance sheet cushions the blow.
Indonesian banks turn to EDCs to weather crippling rate hikes
Bank Mandiri is boosting transactions through electronic data captures.
Indonesia joins Vietnam in slamming non-compliant Chinese e-wallets
E-wallets need to first tie up with local banks before operating.
Indonesia moves forward with plan to standardise QR code payments
The central bank has already finished the technical-heavy stage.
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