Indonesia
BCA superapp drives digital transaction growth
BCA superapp drives digital transaction growth
Inter-account transfers were the most widely used service, followed by virtual payments.
Citi Indonesia names Wit Oemar as head of corporate banking
He is one of the founding members of Citi Commercial Bank in Indonesia.
SME loan exposure raises Bank Rakyat Indonesia’s asset risk
Profitability is also set to decrease in 2025, Moody’s said.
DBS Bank Indonesia pushes ESG through Spark Savings
The savings account offers yearly interest rates of as much as 3.25%.
Amar Bank pushes embedded finance
The Jakarta-based lender promises partners integration in less than a month.
Bank Mandiri slated for lower interest margins in 2025: analyst
But asset quality will improve thanks to new retail loans having better quality.
Bank Central Asia profitability, asset quality to be stable in 2025: analyst
Capitalization and liquidity may decline, however.
Bank Negara Indonesia profitability to hover at 1.8% to 1.9% in 2025
Credit costs are expected to remain modest at the current 1.3% level.
BCA Digital draws teens to digital banking
More than 2,500 accounts have been opened in less than six months.
Bank Mandiri lets customers keep track of personal emissions
Indonesia’s biggest lender by assets wants people to become sustainability champions.
BCA, Bank Syariah Indonesia on track for double-digit profit growth
Indonesian banks are in-line to deliver profit growth.
Grab, Singtel-backed Super Bank mulls IPO: report
The Jakarta-based digital bank may raise up to $300m, sources said.
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
Google Cloud’s data encryption will help safeguard the bank’s AI models.
Citibank expects increased funding for Indonesia’s infra, energy sectors
President Prabowo’s infrastructure projects present opportunities for investors and banks.
Panin Bank acquisition could boost DBS, OCBC profits
A full acquisition could increase fiscal year 2025 PATMI by 2% to 3%.
Indonesian banks to maintain lending rates in 2025: analyst
MSME borrowers remain weak, but some positive factors are on the horizon.
SEA, Japanese banks vie for Panin Bank’s state: report
OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources.
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