Indonesia

The persistent sluggishness and ominous uncertainty in Europe and United States economies, flanking warnings coming from different multilateral institutions, the continuing debt problems and economic fragilities in EU member countries and looming fiscal cliff in United States, indicate risks of global economic forecasts remaining on the downside in the short to medium term.

PT Bank DBS Indonesia and Sumitomo Mitsui Trust Bank continue regional partnership.

Citibank remains committed to its business in Indonesia despite sweeping reform measures.

Islamic banking operates with the same purpose as conventional banking except that it operates in accordance with the rules of Shari’ah, known as Fiqh al-Muamalat (Islamic rules on transactions).

Foreign banks could reel from Indonesia's new requirement to lend 20% to SMEs.

Support Japanese companies expanding in Indonesia.

Increased stability of the financial system.

It appears they're not yet ready.

Targeting Indonesia's SMEs and huge businesses.

Sell bonds to finance further lending.

Strong demand by consumers and corporations.

Level playing field with private banks.

It opens more opportunities for Indonesians.

Rules designed to protect the financial system from future shock.

Average annual growth has been 40% since 2007.

Place funds in domestic debt papers.