Indonesia

Takes in US$1.24 billion.

It’s BNI’s first such agreement with a Japanese financial firm.

JCB cards can now be used in Indonesia.

Mumbai branch to exploit new business opportunities.

Rising special mention loans isn't good news.

It will support microfinance institutions in Indonesia.

Imports estimated to comprise 75% of volume.

This will reduce foreign ownership domination of national banks.

The industry is short of 30,000 people.

Raised Fasbi to 4.25% yesterday.

Philippines asks Indonesia for assistance.

Shariah banks’ assets grew to US$21.8 billion in 2012 from 2011.

Bank Indonesia will introduce e-money in June.

Card will support business development and activities.

Since reference rate is at its lowest throughout the history, whilst inflation stays low, the banks struggle to earn yield. The big banks cut interest rate for their clients with pleasure and aggressively grab loan market share as a means to maintain their profitability and bottom line growth.

Limits foreign ownership in banks to only 51%.