NISP to acquire 99% of Bank Commonwealth
16 Nov 2023 09:28
PT Bank OCBC NISP Tbk (NISP) acquires 99% of shares of Commonwealth Bank of Australia (CBA) in PT Bank Commonwealth (PTBC) for IDR 2.2 trillion.
Going exclusively institutional, Citi to complete user migration to UOB this week
13 Nov 2023 16:40
The higher-ups of Citibank N. A. Indonesia (Citi Indonesia) confirmed that the acquisition of consumer banking business line of Citi Indonesia by Bank UOB Indonesia will be completed this Saturday, November 18, 2023.
Citi Indonesia saw 46% jump in net profit in Q3 2023
13 Nov 2023 14:00
Net profit of Citibank N. A. Indonesia (Citi Indonesia) skyrocketed, increasing as high as 46% year-on-year (yoy) to IDR 1.7 trillion at the end of September 2023.
Bankruptcy and PKPU Law must be perfected to face global competition
09 Nov 2023 15:52
Regulations regarding bankruptcy and suspension of debt payment obligation (PKPU) are said to be perfected in order to be able to meet global competition and maintain favourable business climate.
SDPC granted credit extension of IDR 300 billion
06 Nov 2023 10:00
PT Millennium Pharmacon International Tbk (SDPC), a distributor of pharmaceutical products and medical devices, has obtained a tenor extension of credit facility worth IDR 300 billion.
Bank Permata’s net profit corrected 4.6% in 9M 2023
02 Nov 2023 12:03
PT Bank Permata Tbk (BNLI) recorded net profit of IDR 2.14 trillion throughout January-September (9M) 2023. It shifted 4.6% year-on-year (yoy) down.
Bank CIMB Niaga collects IDR 83.68 billion from treasury shares sale
01 Nov 2023 21:27
PT Bank CIMB Niaga Tbk (BNGA) has raised fresh funds of IDR 83.64 billion from selling its treasury shares.
BBRI to issue long-term notes with principal of IDR 59.49 billion
25 Oct 2023 14:05
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) has issued securities in the form of Long Term Notes (LTN), with a total principal of IDR 59.49 billion.
GEMS's subsidiaries obtains facility of IDR 2.2 trillion from Bank Mandiri
24 Oct 2023 11:56
PT Borneo Indobara (BIB) and PT Barasentosa Lestari (BSL), subsidiaries of PT Golden Energy Mines Tbk (GEMS), have scored working capital credit from PT Bank Mandiri (Persero) Tbk (BMRI).
Bank Tabungan Negara to issue NCD of IDR 1.5 trillion
23 Oct 2023 11:09
PT Bank Tabungan Negara (Persero) Tbk (BBTN) has issued securities in the form of Negotiable Certificate of Deposit (NCD) Year 2023 Phase I with total principal of IDR 1.5 trillion.
