Indonesia

Indonesia to allow state lenders to own multiple banks

Indonesia to allow state lenders to own multiple banks

Indonesia may allow state banks to have majority ownership of more than one lender. 

You should know about the 'Three-Horizon' growth strategy for Islamic banks

It is very clear that Islamic banking is now an established industry with high growth prospects. Asia is and will continue to be a key geographical area for this industry, whether it is South East Asia, South Asia or the Middle East.

Bank Danamon's CASA portion improves to 47% of total deposits

But growth wasn't fast enough that LDR reached 101%.

Indonesia's BTPN to finance expansion with bond sale

Bank Tabungan Pensiunan Nasional hopes to raise Rp 750 billion ($77.5 million) from selling bonds. The Jakarta-based lender will offer the notes to investors from Feb. 26 through Feb. 28, the company said in a brief prospectus published in Bisnis Indonesia on Friday. 

Bank Jabar sees robust market in Jakarta

Bank Jabar launched four new branch offices in Jakarta, and will soon be opening five offices in other cities.

Permata Syariah expands offerings in Q1

Permata Bank Syariah will launch a umrah financing in the first quarter.

Here's why you should switch from BRI to Mandiri

Mandiri had compelling expansion in micro and consumer lending.

Indonesia's PNM to sell $103-M in bonds to fund expansion

Permodalan Nasional Madani plans to sell Rp 1 trillion ($103 million) worth of bonds to finance its expansion.

Bank Danamon feared to report lower FY12 earnings

That is versus analyst's IDR4t estimate.

Bank Rakyat Indonesia posts $1.9-B profit in 2012

Rising loan demand pushed Bank Rakyat Indonesia's profit by 23 percent in 2012.

Indonesia's BCA raises $207-M from stake sale

Bank Central Asia raked in $207 million from treasury stock sale to the Credit Suisse Group in Hong Kong.

BNI hopes Chelsea's Indonesian visit will boost card sales

Bank Negara Indonesia hopes to capitalize on Chelsea Football Club's upcoming visit to Indonesia.

Indonesia's BCA cuts loan growth forecast

Indonesia's slowing economy caused BCA to be less optimistic with its loan growth.

Malaysia's RHB reduces planned acquisition in Indonesia's Mestika Bank

RHB Capital cut its proposed purchase in Indonesia’s  Bank Mestika to 40 percent from the 80 percent it planned.