Indonesia
Here's where alternative lending thrives in Asia
The land of GoPay and OVO is no man’s land for banks.
Here's where alternative lending thrives in Asia
The land of GoPay and OVO is no man’s land for banks.
Neurogine's Jew Kee Lim to talk about how banks can expand e-wallet reach
Lim hopes to illuminate how tourists can still use e-wallets beyond their home countries.
EY's Evan Wiradharma to grace the ABF Retail Banking Forum
He will discuss how the business models of banks and fintechs have evolved through time.
Bank Negara Indonesia loan growth to slow to 13% in 2019
A moderation in private corporate and SOE loans will hit lending.
Indonesian banks launch mobile wallet in last-ditch effort to compete with Go-Jek
LinkAja can be used for mobile prepaid top-ups, POS payments, utility and transport payments.
Bank Negara Indonesia opens strong as loans grow 18% in January-February
Investment loan growth hit 14%.
Indonesian banks' bad loan ratio down to 2.4% in 2018
The decline comes in spite of recent domestic rate hikes.
Bank Rakyat Indonesia profits from double-digit share price gains
Share price has risen 10%YTD which could translate to a 2019 net profit of $2.46b.
Go-Jek doubles down to dent cash reliance in Indonesia
As much as 99% of transactions are still carried out through hard, cold cash.
Fintech Akulaku acquires minority stake in Indonesian bank for $11.16m: report
It is aiming to make a total investment of $35.30m into Bank Yudha Bhakti.
Indonesian banks face liquidity crunch as loans pick up
Loans-to-deposit ratio rose 94% in 2018 from 89.6% the previous year.
Indonesia's 88 fintech lenders see opportunity in US$70b credit gap
With average loan sizes of US$35,000-200,000, farming remains the main opportunity.
Chart of the Week: P2P lending on the rise in Indonesia amidst lax rules
P2P financiers dispersed $1,400 in loans in December.
E-money transactions in Indonesia hit $3.3b in 2018
Users turned to digital money for e-commerce, mobile SIM top-ups, and public transport.
Bank Central Asia's net profit jumped 10.9% to $1.84b in 2018
Loan growth hit 15.1% amidst strong corporate demand.
Indonesia's Bank Mandiri mulls takeover of Standard Chartered-backed rival: report
It could merge it with Mandiri itself or with its unit, Bank Mantap.
Earnings gap between Indonesian banks widen as small players struggle
The 2018 profits of Book II banks dropped to $648.66m from $726.38m in 2017.
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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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