Indonesia

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.

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.

Indonesian banks play catch-up as fintech firms gain traction

Indonesia has been witnessing a vibrant fintech marketplace with more brands rising in popularity.

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.