Maybank Indonesia saw 18.5% profit growth to IDR 1.74 trillion in 2023
29 Feb 2024 11:27
PT Bank Maybank Indonesia Tbk (BNII), a private bank with total assets of IDR 171.8 trillion, booked net profit of IDR 1.74 trillion in 2023.
IKN projects prompt growth in general insurance premium
29 Feb 2024 11:26
General Insurance Association of Indonesia (AAUI) reported that Nusantara Capital City (IKN) projects have triggered surge in industry premium in 2023.
Woori Bank Korea ready to pour IDR 3.6 trillion fresh funds in SDRA rights issue
26 Feb 2024 16:25
Woori Bank Korea has expressed its willingness to take part in the rights issue held by PT Bank Woori Saudara 1906 Tbk (SDRA).
Bukaka Teknik to establish new subsidiary in Oman, investing IDR 122 billion
23 Feb 2024 12:51
PT Bukaka Teknik Utama Tbk (BUKK), through one of its subsidiaries, PT Bukaka Mega Investama, has formed a new subsidiary called Bukaka International LLC in Oman.
GEMS’s subsidiary to secure facility of USD 7.5 million from Eximbank
21 Feb 2024 14:58
PT Borneo Indobara (BIB) and PT Barasentosa Lestari (BSL), 2 subsidiaries owned by PT Golden Energy Mines Tbk (GEMS), has obtained a financing facility from Indonesia Eximbank of total USD 7.5 million.
Buana Finance to secure credit facility of IDR 200 billion from Bank KEB Hana
21 Feb 2024 10:16
PT Buana Finance Tbk (BBLD), a consumer financing company, has obtained a term credit loan from PT Bank KEB Hana Indonesia.
CSRA to sign credit facility of IDR 390 billion from Bank Mandiri
19 Feb 2024 10:30
PT Cisadane Sawit Raya Tbk (CSRA), an issuer engaged in the agriculture sector, has signed the credit facility worth IDR 390 billion from PT Bank Mandiri (Persero) Tbk (BMRI).
GOTO on its merger issue with Grab Holdings
16 Feb 2024 10:49
The management of PT GoTo Gojek Tokopedia Tbk (GOTO) finally responds to the issue of merger with Grab Holdings, which has been circulated for the past month.
Erafone to extend credit facility secured from Bank CTBC
15 Feb 2024 10:20
PT Erafone Artha Retailindo (EAR), as known as Erafone, a subsidiary of PT Erajaya Swasembada Tbk (ERAA), has signed a credit facility extension with PT Bank CTBC Indonesia.
Loans surpass IDR 9 trillion, Bank IBK Indonesia profit soars 80%
13 Feb 2024 18:28
PT Bank IBK Indonesia Tbk (AGRS), the bank resulting from the merger between PT Bank Agris Tbk and PT Bank Mitraniaga Tbk, recorded a net profit of IDR 187 billion by the end of 2023.
