Indonesia
Bank Mandiri adopts new Visa feature in credit cards
Bank Mandiri adopts new Visa feature in credit cards
'Verified by Visa' feature combines e-commerce platform and security.
Maybank hopes Indonesia won’t change policy on foreign shareholding in banks
Maybank hopes Indonesian ruling on bank shareholding will not be detrimental to foreign investors.
Bank Danamon plans offering 1.16bn rights shares
The rights issue’s proceeds targeted to increase lending in small-to-middle sized businesses and the automotive sector.
Bank Mandiri gets nod to launch China operations
In Shanghai, the lender will provide corporate fund collection, corporate loan distribution, export import trade transactions and remittance services.
Banks in Southeast Asia gears up for integration
Bank Indonesia and Bank Negara Malaysia lead ASEAN banking integration by 2020.
Indonesia central bank: Curbing foreign investment not our intention
Bank Indonesia’s bank ownership limit aimed to foster good governance in banking after fraud cases surfaced.
Indonesia bank loans soar by 58%
Growing demand from companies and low borrowing costs in Indonesia boosted loan growth.
Indonesia central bank bans M&As in domestic lenders
The country’s banking industry has been thrown into confusion since Bank Indonesia mulls new limits on bank ownership.
DBS appoints Tam Thye Hung as Head of Global Transaction Services in Idonesia
Tam was previously the Senior Vice President of DBS’ GTS Regional Cash Sales team.
Bank Mutiara attracts 3 investors
Three investors have officially expressed interest in purchasing the Bank Mutiara.
Price disagreement prompts IDB to postpone selling Muamalat shares
The Islamic Development Bank officially informed Bank Indonesia of its postponement in selling its shares of PT Bank Muamalat Tbk.
Indonesia central bank mulls limiting bank ownership
The move aimed to promote good corporate governance and strengthen control of local banks.
Bank Rakyat Indonesia first half profit up 57%
Increase in soaring net interest income, growing fee-based income and recovery in bad loans fuelled the profit rise.
Bank Mandiri expects small loans surge by 25%
Indonesia’s average annual 6% growth opens up opportunities for more small loans.
Bank Central Asia’s loan book expanded 6.6% QoQ
This was largely driven by 10.3% QoQ growth in commercial and SME loans.
Rakyat posts largest profit among Indonesian banks
Bank Rakyat Indonesia's January-June profit rose 57 percent to Rp 6.79 trillion or US$ 801 million from the same period a year earlier.
Maybank to add 120 Indonesian branches in 2 years
Maybank plans to add 120 branches in Indonesia overthe next two years.
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