Led by banking stocks, JCI saw 0.22% jump
21 Jan 2025 08:03
Banking stocks like BBRI and BMRI drove JCI to grow by 0.22%
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.
Bank UOB Indonesia links gov’t and industry in UOB Economic Outlook 2025
25 Sep 2024 11:43
Bank UOB Indonesia officially hosts UOB Economic Outlook 2025 today (25/9) in Jakarta, titled “Ushering a New Dawn for a Remarkable Indonesia”, discussing chances and opportunities to advance Indonesia’s economy in 2025 under the new presidential term.
OJK: “High NPL in banks is cyclical in nature”
21 Aug 2024 12:16
Chief Executive of Banking of Financial Services Authority (OJK), Dian Ediana Rae, believes that the current high non-performing loan (NPL) ratio is cyclical in nature, meaning that it may fluctuate according to changes in economic condition.
Approved, Bank Commonwealth officially merges into Bank OCBC NISP
02 Aug 2024 14:05
After the green light from shareholders, PT Bank OCBC NISP Tbk (OCBC) now officially merges PT Bank Commonwealth (PTBC) with the company.
OJK resolves 127 cases under P-21 category
04 Jul 2024 14:26
Until June 2024, Financial Services Authority (OJK) concludes the legal handling of 127 case files declared complete (P-21) by the Attorney General’s Office.
SOE profits reach IDR 303.7 trillion
13 Feb 2023 14:02
State-Owned Enterprises (BUMN) scored a profit of IDR 303.7 trillion in 2022, where the largest contribution was from the banking sector.
Syndicate to grant FREN IDR 7.5 trillion loan
03 Feb 2023 09:23
A syndicate of banks has granted a facility to PT Smartfren Telecom Tbk (FREN) with a credit limit of IDR 7.2 trillion.
Banks’ Suspicious Activity Reports rose 48.8% in 2022
30 Jan 2023 06:16
The number of Suspicious Activity Reports (SAR) within the banking sector increased 48.8% year-on-year (yoy) from 3,068 cases in 2021 to 4,556 cases in 2022.
Climbing 9.3%, banks’ third-party funds hit IDR 7.92 quadrillion
25 Jan 2023 06:43
Banks reportedly managed to collect third-party funds of IDR 7.92 quadrillion in December 2022, shifting 9.3% from IDR 7.25 quadrillion in December 2021.
