Indonesia

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.

Bank Mandiri to inject $83-M in Shariah unit

Bank Mandiri will channel anotherf Rp 800 billion ($83 million) to its Shariah unit to expand its services.

Bank Mandiri to sell stake in small Bali bank

Bank Mandiri will sell part of its stake in Bank Sinar.

Bank DKI to get $47-M capital infusion

Bank DKI will receive a Rp 450 billion ($47 million) capital injection from the city of Jakarta.

Foreign banks protest proposed Indonesian banking law

Bill also limits investors to a controlling share in only one bank.

Here's how Bank BJB can raise IDR400b in capital

Lowering the divident payout ratio is an option.

Bank Muamalat to expand branch network

Will sell sukuk Islamic bonds to finance expansion.

Boediono prods banks to lend more to young businessmen

Indonesian Vice President Boediono said entrepreneurs have a crucial role in development.