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.