Focusing on digital business, Krom Bank Indonesia to divest assets for IDR 2.95 billion
12 Sep 2024 10:07
PT Krom Bank Indonesia Tbk (BBSI) has sold its assets in Bandung worth IDR 2.95 billion.
Komarudin Hidayat: Sharia banks can triumph supported by professionalism
11 Sep 2024 12:50
Prof. Dr. Komarudin Hidayat, Commissioner of PT Bank Syariah Indonesia Tbk (BRIS), believes that sharia banking industry in Indonesia still has potential to rapidly grow if accompanied with professionalism in its development.
Bank Panin to issue bond of IDR 3.91 trillion, coupon set to 7.25%
09 Sep 2024 17:27
PT Bank Pan Indonesia Tbk (PNIN), also known as Bank Panin, will issue Shelf-Registration Bond IV Phase II Year 2024 with total principal of IDR 3.91 trillion.
Buana Finance to work with Bank Jago for a joint financing of IDR 500 billion
04 Sep 2024 10:07
PT Buana Finance Tbk (BBLD) pairs up with PT Bank Jago Tbk (ARTO) to reinforce financing distribution to consumers. In 2023, the issuer reported financing receivables of roughly IDR 5.3 trillion.
Taking on investment management business, BBRI to work with European investment manager
03 Sep 2024 13:44
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) has signed a Conditional Share Subscription Agreement (CSSA) with Amundi, an asset management company based in France.
Official, BTPN is now SMBC Indonesia
30 Aug 2024 11:10
Shareholders of PT Bank BTPN Tbk (BTPN) agreed upon the name change of the entity to PT Bank SMBC Indonesia Tbk.
BBRI pushes for user increase and seeks new growth engine
29 Aug 2024 11:16
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) is preparing several strategies to attain sustainable business growth, starting from boosting the number of users and securing new growth engine.
BCA Expoversary promotes consumer credit growth in H1 2024
28 Aug 2024 21:13
PT Bank Central Asia Tbk (BBCA) booked growth of distributed credit of 15.5% year-on-year (yoy) throughout the first half (H1) of 2024.
Digital business triumphed, Bank Raya’s credit growth hit 12.1%
27 Aug 2024 11:27
PT Bank Raya Indonesia Tbk (AGRO) booked credit distribution growth of 12.1% year-on-year (yoy) to IDR 6.8 trillion in the second quarter (Q2) of 2024, supported by enhancement in its digital business line.
Bank Raya Indonesia secures shareholders’ approval for buyback of IDR 20 billion
23 Aug 2024 09:16
PT Bank Raya Indonesia Tbk (AGRO), a subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), has secured approval from shareholders to conduct a shares buyback.
