Indonesia

Japan's LINE launches digital bank in Indonesia

Indonesia is the third market in which LINE Bank is operating.

BRI Agro partners with Payfazz to offer digital banking solutions

Payfazz agents can now offer Pinang’s savings, lending solutions to their 10 million customers.

Indonesia mulls digital rupiah: report

The central bank is looking at how it will help monetary policy goals.

Indonesia’s Bank Agro appoints Kaspar Situmorang as CEO, to build neobank

Bank Agro will build on app Pinang's clientele to build a digital-only bank.

Indonesia upturns payments market with new foreign-friendly rules

The new regulations reduce the number of licenses and makes clinching foreign capital easier.

Indonesia upturns payments market with new foreign-friendly rules

The new regulations reduce the number of licenses and makes clinching foreign capital easier.

Indonesia’s Bank BRI to offer digital banking, lending products in Bukalapak

This comes after the bank’s venture capital arm invested in the company.

DBS provides $60m structured trade facility to Indonesia petrochemical producer

Chandra Asri aims to expand export growth of petrochemical products from the country.

Fintechs' latest acquisitions hint at ASEAN banking sector shake-up

But they are unlikely to pose a challenge as newcomers and incumbents target different clients.

Shopee parent Sea acquires Indonesia's Bank BKE

The tech startup has raised $3b in stock offering for its business expansion plans.

Indonesia's BRI to raise $1b in rights issue

It wants to strengthen its capital base for possible acquisitions.

Indonesia's Bank Mandiri face lower margins, climbing NPLs

The lender’s net interest margin contracted by 65 bp in H1 2020.

Indonesia's Ayoconnect raises $5m in pre-Series B funding round

The fintech firm hopes to build an open bill network in the country.

UOB floats TMRW in Indonesia

The digibank was first rolled out in Thailand in 2019.

Recession hounds APAC financial firms as pandemic batters credits

The outbreak will permanently reduce the economy by 2-3%.