Indonesia
Accelerating Indonesian microfinance with high tech and high touch
Economic inclusion can seem like a faraway goal for many, if not most, countries around the world. Achieving it would mean being able to lift people out of poverty, create equality between genders and socio-economic backgrounds, and build socially inclusive futures for our children.
Accelerating Indonesian microfinance with high tech and high touch
Economic inclusion can seem like a faraway goal for many, if not most, countries around the world. Achieving it would mean being able to lift people out of poverty, create equality between genders and socio-economic backgrounds, and build socially inclusive futures for our children.
Indonesian banks' cost pressures to persist in 2020
They will likely shift to higher cost funding in anticipation of loan demand growth.
Chart of the Week: Indonesian debit card payments to hit $32.3b in 2023
It has surpassed credit card payments in 2019.
Bank BRI invests $1m into e-commerce venture Indonesia Mall
Indonesia Mall brings MSMEs online and introduces them to a larger market.
Bank BRI partners with Investree to offer loans to entrepreneurs
It has earmarked more than $143m for digital lending via the platform.
Indonesia's Bank BRI's mobile app cuts loan approval process to 2 minutes
Loans can be between $35 to $1,417.
Why digital banks are the future of financial inclusion in emerging markets
As digital banking proliferates through the developed world, its adoption in emerging markets in Southeast Asia continues to lag. A McKinsey study in 2018 noted that whilst digital banking penetration has grown by as much as 300%in certain emerging Asian countries, the median level is only around 52%.
Economic risks of Indonesian banks decline as per capita income rises
Robust profitability and high capital retention keeps the sector well-capitalised.
Gojek amps up fintech ploy in Indonesia
Its acquisition of fintech startup Moka will improve monetisation or merchants in GoPay.
Indonesia's non-bank financial firms could face closures in 2020: analyst
The minimum capital requirement may force them to consolidate or even cease operations altogether.
Tokocrypto gets go-ahead to trade cryptocurrency assets in Indonesia
This allows the platform to buy and sell assets such as Bitcoin and Ethereum.
Bank Indonesia maintains benchmark rate at 5%
The central bank kept its benchmark rate at 5% on the back of lower inflation.
OCBC, DBS vying for Indonesia's Bank Permata
Bank Permata’s owners are seeking a valuation 1.6x of its book value.
Indonesia's wealth management prospects brighten over affluence growth
Mass affluent individuals are expected to grow to 1.6 million by 2022.
Indonesian bank loans to accelerate 13% by 2020
Working capital and consumer loans are set to recover.
Indonesian P2P lenders to disburse $30.63b in loans by 2024
The rapid growth of e-commerce will support alternative lending options.
Big Indonesian banks' earnings to grow by up to 20% by 2020
Healthy loan expansion will boost earnings.
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. DBS and OCBC expected to deliver steady Q1 net profits 2. Zed challenges banking norms with no interest, forward-looking credit card 3. HK-based fintech KPay expands operations to Singapore 4. Citi names Amit Dhawan as head of CCB Singapore 5. Hang Seng Bank warns against phishing emailResource Center
Read Here
Advertise
Sign Up
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Event News
Event News
HSBC Hong Kong shines at ABF Retail Banking Awards
![HSBC Hong Kong shines at ABF Retail Banking Awards]()
Co-Written / Partner
The bank has been a digital and transformation pioneer in the industry.
The bank has been a digital and transformation pioneer in the industry.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. DBS and OCBC expected to deliver steady Q1 net profits 2. Zed challenges banking norms with no interest, forward-looking credit card 3. HK-based fintech KPay expands operations to Singapore 4. Citi names Amit Dhawan as head of CCB Singapore 5. Hang Seng Bank warns against phishing emailAwards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Commentary
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Empowering green growth through sustainable finance in Bangladesh
The Transformative Power of Finance for the People