Indonesia

Citi sees robust market in Indonesia

Top 16 emerging priority countries.

Bank Mandiri posts 21.1% profit increase

A 22.8 percent increase in credits.

Indonesia tells small "selfish" banks not to refuse mergers

Bank Indonesia Governor Darmin Nasution asked banks with weak capital to open their doors to mergers and acquisitions.

Indonesia's lending policy hampers CIMB Niaga's housing loans

CIMB Niaga acknowledges a significant decrease in housing loans due to Bank Indonesia's new loan-to-value policy.

Danamon, BTN post growth, buck new Indonesian loan rules

Bank Danamon and Bank Tabungan Negara posted huge business growth, despite new loan-to-value regulations affecting vehicle and housing credits.

Indonesia's Mandiri to offer export loan insurance

Asuransi Ekspor Indonesia (ASEI) will be able to offer a lower rate of credit risk to exporters after a deal with Bank Mandiri.

Indonesian social security provider targets Bank Tabungan stock

Social security provider Jamsostek is prepared to buy a stake in Bank Tabungan Negara.

Indosat inks mobile banking deal with Bank Rakyat Indonesia

Indosat has linked with Bank Rakyat Indonesia to provide mobile and Internet banking services to the latter's clients.

Bank Maspion Indonesia aims for IPO by January

Bank Maspion Indonesia plans to raise the necessary capital for  expansion by listing on the Indonesia Stock Exchange by January 2013.

Indonesia's EximBank exceeds financing target with $2.6B

Indonesia EximBank has booked Rp 25 trillion or $2.6 billion in total financing the third quarter, exceeding its full year target of Rp 24.5 trillion for this year.