Securing USD 270 million funding, Kredivo readies ecosystem expansion
29 Mar 2023 12:12
Kredivo Holdings, previously known as FinAccel, managed to raise fresh funds of USD 270 million or approximately IDR 4.07 trillion in the Series D funding.
Krom Bank to channel credits to Kredivo and Kredifazz’s users
28 Mar 2023 06:09
PT Krom Bank Indonesia Tbk (BBSI) has signed a cooperation agreement with PT FinAccel Finance Indonesia (FFI) and PT FinAccel Digital Indonesia (FDI) for credit disbursement.
JCI regained strength in today’s opening
24 Mar 2023 09:52
Jakarta Composite Index (JCI) reportedly regained its strength during the first session today (24/3), arriving at 6,739.128 at 9.20 AM WIB.
Domestic regulations will save Indonesia from banking crisis
21 Mar 2023 19:05
The experts agree that the United States and Europe banking crises will generate minimal impact on Indonesia’s financial situation, thanks to our seasoned and secure domestic financial regulation.
Struggling with funding, HOTL to push back land development
20 Mar 2023 15:41
PT Saraswati Griya Lestari Tbk (HOTL) postpones several plans of project development on its landbank due to lack of funding.
BBTN to distribute IDR 609.01 billion of dividend
20 Mar 2023 09:42
PT Bank Tabungan Negara (Persero) Tbk (BBTN) announces its plan to distribute cash dividend of IDR 609.01 billion that will be taken out of net profit in 2022.
Bank Negara Indonesia to disburse IDR 7.32 trillion of dividend
17 Mar 2023 12:51
PT Bank Negara Indonesia (Persero) Tbk (BBNI) will distribute cash dividend of IDR 7.32 trillion that will be taken out of its 2022 net profit.
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%.
Credit Suisse to seek USD 54 billion loan from Swiss National Bank
16 Mar 2023 13:29
Credit Suisse will apply for USD 54 billion loan from Swiss central bank, Swiss National Bank, to support its liquidity and secure investors’ trust following the decline of its stock price.
Radana Finance pockets US$20 million loan from BDO Unibank
15 Mar 2023 19:50
PT Radana Bhaskara Finance Tbk (HDFA), a two-wheeled vehicle financing company, has obtained a US$20 million loan facility from BDO Unibank Inc.
