Property sales decline, INPP faces revenue stagnation
06 May 2024 17:36
PT Indonesian Paradise Property Tbk (INPP) reported stagnation in its revenue in the first quarter of 2024, reaching IDR 262.6 trillion at the end of March 2024.
MTDL’s revenue went over IDR 22 trillion, profit up 12%
01 Apr 2024 11:05
PT Metrodata Electronics Tbk (MTDL), a digital information and communication technology (ICT) company, concluded 2023 triumphantly, securing net profit attributable to the parent entity growth of 12.1% year-on-year (yoy) to IDR 650.8 billion.
Minister of Finance to report Indonesia Eximbank’s debtors for fraud of IDR 2.5 trillion
18 Mar 2024 13:17
The Minister of Finance, Sri Mulyani, has filed a report of alleged corruption in the form of export fund embezzlement in Indonesia Eximbank (LPEI), which involves 4 companies with outstanding loans of IDR 2.5 trillion.
Revenue strengthened, BFIN’s net profit slipped 9% in 2023
26 Feb 2024 10:06
Although its revenue grew by a double digit, PT BFI Finance Indonesia Tbk (BFIN) failed to record the same win for its net profit at the end of 2023, booking net profit of only IDR 1.6 trillion or 9% year-on-year (yoy) decrease.
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.
BMRI saw 16.3% credit growth, assets went over 2 quadrillion
02 Feb 2024 12:50
Yesterday (1/2), PT Bank Mandiri (Persero) Tbk (BMRI) reported double-digit growth in its credit distribution, reaching 16.3% year-on-year (yoy) to IDR 1.39 trillion.
Financing soared 15.7% in 2023, BRIS reported net profit IDR 5.7 trillion
02 Feb 2024 11:44
PT Bank Syariah Indonesia Tbk (BRIS), sharia bank with the highest market capitalisation in Indonesia, recorded financing distribution of IDR 240.32 trillion throughout 2023, increasing 15.7% year-on-year (yoy) from IDR 207.7 trillion.
Collaborating with banks, OY! Indonesia to push financial inclusion forward
24 Jan 2024 14:21
OY! Indonesia, an integrated payment solution provider, is committed to boost financial inclusion in Indonesia through its collaboration with PT Bank Danamon Tbk (BDMN) and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), whilst still abiding by regulations and guideline of Indonesian Fintech Association (AFTECH).