Indonesia
BTPN Bank moves forward with digital transformation programme
It has tapped on Diasoft’s FLEXTRA Suite solution.
BTPN Bank moves forward with digital transformation programme
It has tapped on Diasoft’s FLEXTRA Suite solution.
How are Indonesian banks faring after the bad loan surge of 2016?
Nonperforming loans have spiked after the 2014-2016 commodities downturn.
Indonesia steps up efforts to centralise payment system
Bank Indonesia is campaigning for the shift to the National Payment Gateway card.
Bank Rakyat Indonesia profit up 11% to $1.03b in H1
Loans posted double digit growth at 15.5%.
Bank Central Asia profit up 8% to $791.09m in H1
Earnings were boosted by higher interest income and lower interest expense.
Bank Mandiri's profit up 28.7% to $843.1m in H1 2018
Strong loan growth and higher fee-based income buoyed earnings.
7 in 10 Indonesian banks threatened by ride-hailing firm Go-Jek
The app’s wide payment capabilities poses a risk to conventional banks.
How will looser mortgage rules weigh down on Indonesian banks?
The central bank earlier scrapped the 15% required downpayment for first-time home buyers.
Indonesia's loan growth will receive little boost from lower LTV regulation
Analysts believe banks should be willing to extend loan terms to support this development.
Indonesian banks poised for steady loan growth despite higher lending rates
Lending will be led by big banks who can lure clients from smaller players.
Can Indonesian banks survive US tightening amidst persistent rupiah weakness?
The Indonesian rupiah has plunged to a three-year low.
Alternative payment providers position for growth in Indonesia
When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital payment customers is too much for digital companies and investors to ignore. The likes of SoftBank, Alibaba’s Ant Financial, and Chinese ride hailing giant Didi-Chuxing are injecting billions of dollars into companies with a chance of gaining a foothold in the market.
BRI rejects rumours of Sharia bank stake purchase
The purchase may need more foresight as the bank in question has high bad loan levels.
Can Indonesian banks survive the severe local currency depreciation?
The Indonesian rupiah has plunged to a three-year low which might level strain on the banking system.
Indonesia eyes tighter fintech regulations to curb loan shark activity
Fintech firms will be compelled to be registered with authorities.
Bank Negara Indonesia profits up 13.3% to $258.48m in Q1
Interest income, fee income, and loan recovery buoyed quarterly learnings.
PT Bank Mandiri teams up with Lombard Odier to boost offshore business
The bank’s subsidiary will offer a more diversified portfolio to lure asset repatriation.
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CIMB Niaga leads the way in captivating Indonesia’s youth
![CIMB Niaga leads the way in captivating Indonesia’s youth]()
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
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