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.
Goldman Sachs acquired SVB’s bonds pre-termination
15 Mar 2023 11:19
Goldman Sachs Group is revealed to be the buyer of the Bonds of Silicon Valley Bank (SVB), recording a total loss of USD 1.8 billion.
OJK: SVB’s defeat won’t affect banking industry
14 Mar 2023 14:22
The dissolution of Silicon Valley Bank (SVB) and Signature Bank in the United States of America (US) is confirmed not directly affecting Indonesian banking climate.
JP Morgan possibly taking over SVB Financial Group
14 Mar 2023 11:05
JP Morgan Chase & Co is reported to initiate an acquisition of Silicon Valley Bank (SVB) Financial Group, excluding the SVB banking unit, which is currently monitored by Federal Deposit Insurance Corporation (FDIC).
Asian capital market threatened by US banking crisis
14 Mar 2023 10:36
The capital market in Asia was reported declining on March 14, 2023, following the emerging banking crisis in the United States after Silicon Valley Bank and Signature Bank were dissolved.