Indonesia

Indonesia moves to ease bank merger rules

It would relax the requirement for acquiring banks to merge local operations into one entity.

Indonesia moves to ease bank merger rules

It would relax the requirement for acquiring banks to merge local operations into one entity.

Are Indonesian banks' digital journeys paying off?

Lenders are introducing self-service lounges, cardless withdrawals and biometrics to grow their millennial client base.

Islamic financing in Indonesia lags Malaysia and Brunei

Government initiatives could boost halal economy and bolster demand for Islamic financial services.

Indonesian banks hold back loans for finance firms

The prominent default of a financing firm in 2018 hit bank confidence.

Here's where alternative lending thrives in Asia

The land of GoPay and OVO is no man’s land for banks.

Neurogine's Jew Kee Lim to talk about how banks can expand e-wallet reach

Lim hopes to illuminate how tourists can still use e-wallets beyond their home countries.

EY's Evan Wiradharma to grace the ABF Retail Banking Forum

He will discuss how the business models of banks and fintechs have evolved through time.

Bank Negara Indonesia loan growth to slow to 13% in 2019

A moderation in private corporate and SOE loans will hit lending.

Indonesian banks launch mobile wallet in last-ditch effort to compete with Go-Jek

LinkAja can be used for mobile prepaid top-ups, POS payments, utility and transport payments.

Indonesian banks' bad loan ratio down to 2.4% in 2018

The decline comes in spite of recent domestic rate hikes.

Bank Rakyat Indonesia profits from double-digit share price gains

Share price has risen 10%YTD which could translate to a 2019 net profit of $2.46b.

Go-Jek doubles down to dent cash reliance in Indonesia

As much as 99% of transactions are still carried out through hard, cold cash.

Fintech Akulaku acquires minority stake in Indonesian bank for $11.16m: report

It is aiming to make a total investment of $35.30m into Bank Yudha Bhakti.

Indonesian banks face liquidity crunch as loans pick up

Loans-to-deposit ratio rose 94% in 2018 from 89.6% the previous year.

Indonesia's 88 fintech lenders see opportunity in US$70b credit gap

With average loan sizes of US$35,000-200,000, farming remains the main opportunity.