Indonesia

Bank Mandiri may open branches in three neighboring countries as part of its plan to become a top lender in Southeast Asia.

Bank Indonesia wants banks to improve access to banking by introducing the so-called branchless banking.

Investors wanting to own 40  to 90 percent of Indonesian banks should be healthy, should be listed and agrees to buy debt certificates that can be converted into equity.

Indonesia, Australia and South Korea will now cooperate in exchanging informartion on banking supervision.

Bank Jatim expects to raise up to Rp 1.9 trillion or US$212 million from an IPO to be launched in July.

Reliance Commercial Finance will increase focus on SMEs to achieve its target credit growth rate of 15-16 percent this fiscal.

"As the Indonesian market continues to grow in stature and global presence, those who innovate will emerge at the top of the pile," says JP Morgan's new head of treasury services.

CIMB plans to be listed on the Indonesia Stock Exchange, though currently it is only listed on Bursa Malaysia.

Bank Jabar plans to buy a majority stake in 51 rural banks this year to tap the potential of small and micro businesses.

Indonesia is planning to introduce more monetary measures to ease volatility.

Higher income from interest and transaction fees pushed BNI's first quarter net profits up by 23 percent.

Bank Indonesia's new rules setting caps on a single lender's ownership percentage of banks is dependent the acquiring bank's financial health.

ANZ Indonesia will focus on lending to exporters as it aims to be Indonesia’s leading lender to commercial businesses within three years.

Transaction complexity is holding back the growth of Internet banking in Indonesia.

Malaysia’s CIMB and Maybank would be the most affected by Indonesia's new regulation limiting the maximum bank ownership of a single shareholder to below 50 percent.

Maybank is hoping that a proposed limitation of shareholding in Indonesian banks will not apply to the banking group.