Indonesia

Bank Mega's net income went up 12 percent from the previous year to more than a Rp 1 trillion or US$109.3 million.

Indonesia's largest banks will start chasing high yields from retail loans.

Bank Mandiri’s subsidiary business units contributed 12.73 percent to the group’s overall net profit in 2011 with a net profit of Rp. 1.56 trillion or US$170 million.

Bank Mandiri and Bank Central Asia may have broken the US$1.1 billion or Rp 10 trillion mark in net profits.

Bank Danamon launched Manchester United debit and ATM cards with benefits ranging from shopping deals to watching the team’s matches live.

Hotel Sahid Jaya will use US$13 million from the US$ 19.7 milion it will borrow to refinance its loans from Mega Bank.

Bank Mandiri will disburse loans to cooperatives of oil palm farmers to boost the amount of credit disbursed to SMEs this year.

Bank Mandiri is allocating about 4.3 billion U.S. dollars of loans to SMEs across the country this year,

Across Asia, investment fund transaction processing methods and distribution models differ markedly. The reason is that domestic investment fund markets have matured according to individual market needs.

BKPM (Indonesia Investment Coordination Board) expects foreign investments to grow to USD 19,2 billion in 2012 from USD 18,7 billion.

Three Indonesian state banks reported solid growth in their earnings in 2011 as lending rose substantially during the year.

The fourth largest bank in the world’s largest Muslim country wants to do more Islamic or “Shariah” banking.

Mobile banking has come to Indonesia’s fifth largest bank and its third largest mortgage provider.

Bank Maybank Indonesia expects lending to grow by 20 percent this year, according to a top executive.

Miles has been Global Head of Sales Trading, Head of Multi Product Client Solutions for the equity brokerage business of BNP Paribas.

The FATF added Pakistan, Indonesia, and Thailand along with Ghana and Tanzania to its blacklist.