Indonesia
Majority in Indonesia, Philippines and Vietnam to transact digitally by 2021
Faster funds transfer can add up to 0.5% in GDP growth for SEA.
Majority in Indonesia, Philippines and Vietnam to transact digitally by 2021
Faster funds transfer can add up to 0.5% in GDP growth for SEA.
Indonesia's Bank Central Asia joins scheme to boost liquidity
The government said healthy lenders can apply to cash-strapped peers.
Indonesian banks face aggravated headwinds as pandemic grows
Restructured loans have grown considerably and will increase further.
ADB inks $300m loan to boost Indonesia's geothermal capacity
It will support the construction and commissioning of two geothermal plants in Java.
COVID-19 spells trouble for Indonesian non-bank finance firms
It will complicate domestic consumption and cash collections, analysts said.
Bank Indonesia eases rate by 25bps
Two more rate cuts may be on the horizon.
Bank BRI unveils digital credit mobile app
It has a flat interest rate of 1.42% monthly or 17.04% annually.
Consolidating the payments game is just step one in Southeast Asia
Whilst the Chinese market is big enough to allow for two major e-payments players, Indonesia needs to unify efforts from otherwise competing tech companies.
Mastercard to lead Indonesian fintech Digiasia's Series B funding
Digiasia offers digital financial services to individuals and MSMEs.
Virtual banking: ‘Unbanked' citizens a catalyst for economic reform in Indonesia
Approximately 2.5 billion people globally lack access to financial services and are forced to rely on inconvenient and often risky means to manage their money. These people are classified as ‘unbanked’. There is a high concentration of unbanked citizens in developing economies across South East Asia, Africa and Latin America. Let’s focus on Indonesia.
Indonesia mulls BRI merger with two state-owned finance firms
The bank will be integrated with a pawnshop chain and a micro-business money firm.
Indonesia's central bank adopts Refinitiv Auctions for domestic NDFs
Refinitiv Auctions facilitated over $1.23t in 2019.
Accelerating Indonesian microfinance with high tech and high touch
Economic inclusion can seem like a faraway goal for many, if not most, countries around the world. Achieving it would mean being able to lift people out of poverty, create equality between genders and socio-economic backgrounds, and build socially inclusive futures for our children.
Indonesian banks' cost pressures to persist in 2020
They will likely shift to higher cost funding in anticipation of loan demand growth.
Chart of the Week: Indonesian debit card payments to hit $32.3b in 2023
It has surpassed credit card payments in 2019.
Bank BRI invests $1m into e-commerce venture Indonesia Mall
Indonesia Mall brings MSMEs online and introduces them to a larger market.
Bank BRI partners with Investree to offer loans to entrepreneurs
It has earmarked more than $143m for digital lending via the platform.
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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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