BBTN to acquire Bank Victoria Syariah for IDR 1.06 trillion
20 Jan 2025 08:52
The acquisition of Bank Victoria Syariah by BBTN is expected to be completed by May 2025.
IMF and World Bank cut Indonesia's economic growth forecast
19 Jan 2025 11:47
Both global financial institutions agreed upon cutting Indonesia's economic growth projection from 5.2% to 5.1% in 2025.
BREN shares and state-owned banks push JCI up 0.39%
17 Jan 2025 06:54
State-owned bank stocks followed BREN on the JCI Top Leaders list.
Major banks set for growth, see the recommendations
16 Jan 2025 15:45
These banking stocks are expected to harvest attractive performance growth this year, despite experiencing pressure in 2024.
JCI recovers from its lowest level to 7,079.56
16 Jan 2025 07:47
Banking stocks brought in the highest contribution for JCI's upturn.
BI cuts interest rate, analysts say rupiah will be more vulnerable
15 Jan 2025 19:06
Economists and analysts say BI is now changing its focus to safeguard the domestic economy, by cutting interest rates.
Amar Bank's embedded banking now available on JULO
14 Jan 2025 17:02
The official statement mentioned that the credit facility available to JULO users could reach up to IDR 50 million.
DBS Bank Ltd divests 23.20 million shares of PZZA
14 Jan 2025 15:27
DBS Bank Ltd, one of PZZA's shareholders, divested its portion in a transaction last week (7/1).
Indonesia’s foreign reserves rise 3.66% to USD 155.7 billion
09 Jan 2025 14:05
Bank Indonesia (BI) noted that foreign exchange reserves rose in December 2024 compared to November 2024.
BTN and CIMB Niaga’s sharia units to spin-off soon
08 Jan 2025 06:28
Sharia Unit spin-off is expected to stir up the sharia banking industry, which is currently dominated by one major player.