Indonesia

It is expanding offers through e-commerce platforms and Korean beauty clinics.

HSBC Indonesia won International Retail Bank of the Year - Indonesia for a third straight year, honouring its wealth expertise, digital growth, and innovation.

Margins could improve in Q4 but will depend on funding conditions, UOBKH said.

The bank monitors its lending models for bias and performance.

MUFG intends to integrate its Indonesia branch into its subsidiary.

One card offers a complimentary towing service and 10% discount on spare parts.

The bank sees AI as potentially more useful for monitoring borrowers than approving loans.

Funding conditions have improved since Q2, although costs remained elevated.

Digital transaction volume is projected to reach 147b by 2032 from 49.7b in 2025.

They plan to expand credit and capital access for MSMEs.

Strong new car and EV sales will help support industry growth.

They should be able to maintain healthy capitalisation, said S&P.

Tighter liquidity conditions and a high base effect from Agrinas should temper growth.

Accelerating QR payments adoption is in part driving growth, said Mordor Intelligence.

Pegadaian and PNM contributions helped keep NIM resilient, said UOBKH.

Overall activity reached $310,000, equivalent to IDR5.50b during the month.