Indonesia
Higher margins, lower opex buoy Bank Central Asia’s profit growth in Q2
Higher margins, lower opex buoy Bank Central Asia’s profit growth in Q2
Net profit for the first six months of the year is $1.65b, 11% higher than in H1 2023.
BRI reports $1.83b (IDR29.9t) profit in Q2
President director Sunarso hailed their credit distribution and DPK.
Indonesia’s new loans rise in Q2
New loan disbursements are expected to further grow in Q3.
UOB Indonesia’s privilege banking clients granted free access to airport lounges
Customers can get up to 10 complimentary passes annually.
H2 rate cuts likely to boost Indonesian banks’ earnings
A rate cut cycle often leads to banks’ earnings accelerating.
PT Indonesia Infrastructure Finance's groundbreaking achievements recognised at ABF Corporate & Investment Banking Awards
This highlights their pioneering efforts in sustainable finance and innovative deal-making.
BRI net interest margin slated for 31bp decline in 2024
NIM is expected to rebound 25bp in 2025.
Bank Negara Indonesia to lodge 7% net profit growth in 2024
UOBKH slashed the bank’s profit and NIM estimates, however.
Credit Agricole names new chief representative officer for Indonesia
Alexis Rafiidson succeeds Xavier Roux, who is retiring.
CIMB Niaga leads the way in captivating Indonesia’s youth
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
BCA sets benchmark in Indonesia’s microfinance sector
Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.
Indonesia's money supply falls 6.9% YoY in April
Thanks to disbursed loans and net claims.
Indonesian banks all aboard in driving financial innovation
Asian Banking and Finance Forum brings together banking leaders with a shared vision.
Demand for digital payments growing in Indonesia
Two digital financial service leaders underscore collaboration over competition.
Citi Commercial Bank Indonesia appoints Edwin Pribadi as its head
Pribadi returns to Citi after spending a decade with OCBC Indonesia.
Indonesia, UAE team up to promote local currency use in bilateral transactions
UAE and Indonesia's non-oil trade grew to $3.1b between 2017 and 2023.
Higher costs and deteriorating loans slow BRI’s profit growth
Cost of capital rose 144 basis points in Q1.
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Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
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The Asian connection: China's path to sustainable growth