Allo Bank seeks 19.94% growth in its third-party funds
12 Oct 2023 14:30
PT Allo Bank Indonesia Tbk (BBHI) is targeting to attain 19.94% year-on-year (yoy) growth in its third-party funds this year by launching its latest product.
Bank Maybank Indonesia issues IDR 100 billion LTN
23 Aug 2023 08:08
PT Bank Maybank Indonesia Tbk (BNII) has issued securities in the form of Long Term Notes (LTN) with a principal of IDR 100 billion.
BI Survey: retail sales expected to decline in July 2023
13 Jun 2023 11:33
Retail sales are predicted to decrease come July and October 2023, following the delayed domestic demand and the ending of discount programs.
BI to promote local currency utilisation in ASEAN+3 countries
03 May 2023 15:48
Bank Indonesia encourages wider utilisation of local currencies in bilateral transactions among ASEAN+3 countries to enhance collaboration and payment connectivity in ASEAN+3 countries.
Maybank Indonesia to distribute cash dividends IDR 588.43 billion
04 Apr 2023 20:23
PT Bank Maybank Indonesia Tbk (BNII) announced plans to distribute a cash dividend of IDR 588.43 billion from net profit for the 2022 fiscal year.
BI to maintain BI rate at 5.75%
17 Mar 2023 10:25
Bank Indonesia (BI) decided to hold BI 7 Day Reverse Repo Rate (BI 7DRR) at 5.75%, deposit facility rate at 5%, and lending facility rate at 6.5%.
Forex reserves up by USD 9.5 billion in 6 months
08 Mar 2023 14:55
The foreign exchange (forex) reserves of Indonesia were recorded at USD 140.3 billion in February 2023, increasing USD 9.5 billion within the past 6 months from USD 130.8 billion in September 2022.
BI and Bank of Korea to extend BCSA worth IDR 115 trillion
06 Mar 2023 14:45
Bank Indonesia (BI) and Bank of Korea have agreed to extend the bilateral currency swap agreement (BCSA) of up to IDR 115 trillion.
In December 2022, banks distributed IDR 6.38 quadrillion in credit
24 Jan 2023 14:41
Distribution of bank loans in December 2022 reached IDR 6.38 quadrillion, growing 11% from December 2021.
Lending expected to grow in first quarter of 2023
20 Jan 2023 15:08
New credit disbursement in the first quarter of 2023 is expected to grow in line with the easing of lending policies.
