Indonesia
Indonesia's Bank BRI's mobile app cuts loan approval process to 2 minutes
Loans can be between $35 to $1,417.
Indonesia's Bank BRI's mobile app cuts loan approval process to 2 minutes
Loans can be between $35 to $1,417.
Why digital banks are the future of financial inclusion in emerging markets
As digital banking proliferates through the developed world, its adoption in emerging markets in Southeast Asia continues to lag. A McKinsey study in 2018 noted that whilst digital banking penetration has grown by as much as 300%in certain emerging Asian countries, the median level is only around 52%.
Economic risks of Indonesian banks decline as per capita income rises
Robust profitability and high capital retention keeps the sector well-capitalised.
Gojek amps up fintech ploy in Indonesia
Its acquisition of fintech startup Moka will improve monetisation or merchants in GoPay.
Indonesia's non-bank financial firms could face closures in 2020: analyst
The minimum capital requirement may force them to consolidate or even cease operations altogether.
Tokocrypto gets go-ahead to trade cryptocurrency assets in Indonesia
This allows the platform to buy and sell assets such as Bitcoin and Ethereum.
Bank Indonesia maintains benchmark rate at 5%
The central bank kept its benchmark rate at 5% on the back of lower inflation.
OCBC, DBS vying for Indonesia's Bank Permata
Bank Permata’s owners are seeking a valuation 1.6x of its book value.
Indonesia's wealth management prospects brighten over affluence growth
Mass affluent individuals are expected to grow to 1.6 million by 2022.
Indonesian bank loans to accelerate 13% by 2020
Working capital and consumer loans are set to recover.
Indonesian P2P lenders to disburse $30.63b in loans by 2024
The rapid growth of e-commerce will support alternative lending options.
Big Indonesian banks' earnings to grow by up to 20% by 2020
Healthy loan expansion will boost earnings.
Banks into hubs: OCBC NISP embraces guesthouse-feel branches
Select outlets draw on a mix of batik and contemporary aesthetic and feature special aromatherapies.
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.
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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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