Indonesia
Indonesian banks' loan growth to hit 12% as operating environment improves
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.
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.