Bank Permata’s net profit grew 6.8% in Q1 2024
02 May 2024 12:32
PT Bank Permata Tbk (BNLI) recorded net profit of IDR 807.3 billion in the first quarter (Q1) of 2024, up 6.8% year-on-year (yoy) or from the same quarter last year.
On track, Bank OCBC NISP now owns Bank Commonwealth
02 May 2024 08:45
PT Bank OCBC NISP Tbk (NISP) has completed the acquisition of PT Bank Commonwealth (PTBC), taking effect from last Wednesday, May 1, 2024.
Capital outflow continues until the 5th week, reaching IDR40.04 trillion
29 Apr 2024 12:34
Bank Indonesia (BI) noted that the flow of foreign capital out of Indonesia (capital outflow) in the last 5 weeks reached IDR 40.04 trillion, due to the high net sell by foreign investors.
NISP to channel extra IDR 3 billion for security business
23 Apr 2024 15:16
PT Bank OCBC NISP Tbk (NISP), through PT OCBC NISP Ventura, has increased its investment in PT OCBC Sekuritas Indonesia.
Processing industry expected to be in expansion phase in Q2
22 Apr 2024 11:00
Manufacturing Industry growth is predicted to reach 54.31% in the second quarter of 2024, continuing the realization of growth in the first quarter of 2024. This achievement will continue the expansion phase of the Processing Industry Business Field in the first semester of this year.
OJK: Rupiah depreciation won’t significantly impact banks’ capital
22 Apr 2024 09:58
The depreciation of Indonesia Rupiah (IDR) against US Dollar (USD) is deemed having insignificant direct effect on banks’ capital, according to the stress test from OJK.
BBKP secures loan facility of USD 300 million from Korea Development Bank
18 Apr 2024 07:56
PT Bank KB Bukopin Tbk (BBKP) has obtained a long-term loan facility worth USD 300 million from its parent company, KB Kookmin Bank Co., Ltd., under Korea Development Bank.
Credit slowed down, Citi's profit remains solid; up 82% in 2023
02 Apr 2024 19:02
Solely focusing on institutional banking business now, Citibank N.A. Indonesia, or more popularly known as Citi Indonesia, was still able to record 82% year-on-year (yoy) surge in its net profit, arriving at IDR 2.5 trillion in 2023.
Bank Danamon to channel cash dividend of IDR 125.48 per share
26 Mar 2024 17:00
PT Bank Danamon Indonesia Tbk (BDMN) has secured approval from its shareholders to distribute cash dividend from its 2023 net profit.
Bank BTPN to distribute IDR 471.66 billion of cash dividend
25 Mar 2024 06:00
PT Bank BTPN Tbk (BTPN) has secured approval from Annual General Meeting of Shareholders regarding the plan to distribute cash dividend of IDR 471.66 billion, which will be taken out of its net profit of 2023.