PTSN secures USD 11.5 million loan, to be spent on SMT machine
02 Mar 2023 15:02
PT Sat Nusapersada Tbk (PTSN) obtains a banking facility worth USD 11.5 million for business expansion.
BJBR credit distribution grows 12.89%
01 Mar 2023 12:08
PT BPD Jawa Barat dan Banten Tbk (BJBR)'s conventional credit distribution grew 12.89% in 2022 compared to 2021. On the other hand, third party funds (DPK) rose 7.3%.
BEEF to install obligations to 144 creditors
22 Feb 2023 10:55
PT Estetika Tata Tiara Tbk (BEEF) will make instalments to pay off its obligations to 144 creditors starting late March 2023.
KPAS at default on IDR 173 billion charge
20 Feb 2023 10:25
PT Cottonindo Ariesta Tbk (KPAS), a cotton manufacturer, is declared bankrupt by the Commercial Court of Central Jakarta District Court last week (16/2).
Bank Mega’s credit disbursement grew 15.48%
14 Feb 2023 14:09
The credit disbursement of PT Bank Mega Tbk (MEGA) reportedly increased 15.48% year-on-year (yoy) to IDR 70.29 trillion at the end of December 2022 from IDR 60.68 trillion recorded in 2021.
BCA versus BRI
09 Feb 2023 12:14
PT Bank Central Asia Tbk (BBCA) and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) are in tight competition. From the aspect of market capitalization (market cap), BBCA is in the top place, but in terms of credit distribution, BRI is the winner.
BRI disbursed IDR 990.95 trillion throughout 2022
09 Feb 2023 10:33
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) managed to channel IDR 990.95 trillion of credits throughout 2022.
In December 2022, banks distributed IDR 6.38 quadrillion in credit
24 Jan 2023 14:41
Distribution of bank loans in December 2022 reached IDR 6.38 quadrillion, growing 11% from December 2021.
Lending expected to grow in first quarter of 2023
20 Jan 2023 15:08
New credit disbursement in the first quarter of 2023 is expected to grow in line with the easing of lending policies.
Modalku channelled IDR 41.2 trillion of credits in 5 countries
19 Jan 2023 11:37
PT Modalku Indonesia, the owner of Modalku fintech platform, has distributed IDR 41.2 trillion of credits by the end of 2022.