Indonesia

Indonesian banks' profit growth could suffer for up to two years

Blame it on low interest rates in the financial sector.

Outlook remains bleak for Bank Danamon despite 17% profit growth in 1Q16

Declining TD rates could be a drag on further deposit raising.

Indonesian banks to face persistent headwinds in 2016: Fitch

Second-tier lenders are in a more vulnerable position.

Citi appointed global custodian for the first Global Sharia Funds in Indonesia

The funds are managed by Schroders, BNP Paribas and Manulife.

Indonesia's reserve requirement cut from 7.5% to 6.5%

It will free up $2.5 billion of banks' mandatory deposit reserves.