Indonesia
Bank Negara Indonesia enters into business cooperation agreement with Orix
Bank Negara Indonesia enters into business cooperation agreement with Orix
It’s BNI’s first such agreement with a Japanese financial firm.
CIMB Niaga inks card issuing and merchant acquiring deal with JCB International
JCB cards can now be used in Indonesia.
Bank Internasional Indonesia opens in India
Mumbai branch to exploit new business opportunities.
Why Indonesian banks must beware the rising credit risks
Rising special mention loans isn't good news.
Standard Chartered and Bank Andara signs IDR57b credit facility agreement
It will support microfinance institutions in Indonesia.
Bank Negara eyes 20% boost in trade finance volume by end-2013
Imports estimated to comprise 75% of volume.
Indonesian banks need government incentives for M&As
This will reduce foreign ownership domination of national banks.
Dearth of professionals limiting Islamic financing’s growth
The industry is short of 30,000 people.
Indonesia acts to stem rupiah’s plunge
Raised Fasbi to 4.25% yesterday.
Indonesian sharia banks head for the Philippines
Philippines asks Indonesia for assistance.
Shariah banking could take 5% of Indonesian banking
Shariah banks’ assets grew to US$21.8 billion in 2012 from 2011.
Indonesia gets e-money payment system
Bank Indonesia will introduce e-money in June.
Bank Danamon introduces credit card for entrepreneurs
Card will support business development and activities.
A closer look at Indonesian banks' declining NIM
Since reference rate is at its lowest throughout the history, whilst inflation stays low, the banks struggle to earn yield. The big banks cut interest rate for their clients with pleasure and aggressively grab loan market share as a means to maintain their profitability and bottom line growth.
New Indonesian banking law implemented by 2014
Limits foreign ownership in banks to only 51%.
Bank Danamon eyeing wholesale banking business expansion
Corporate lending is only 11% of its loan book.
SMFG invests US$1.52 billion in Indonesian bank
Will acquire a 40% stake in PT Bank Tabungan Pensiunan Nasional.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance