Indonesia’s foreign reserves rise 3.66% to USD 155.7 billion
09 Jan 2025 14:05
Bank Indonesia (BI) noted that foreign exchange reserves rose in December 2024 compared to November 2024.
BTN and CIMB Niaga’s sharia units to spin-off soon
08 Jan 2025 06:28
Sharia Unit spin-off is expected to stir up the sharia banking industry, which is currently dominated by one major player.
Bank lending grows 10.79%, NPL ratio improves
07 Jan 2025 20:05
Bank lending figures continued their double-digit growth, followed by a manageable risk profile.
JCI moved up 1.61% to 7,096.45 supported by BBRI and BMRI
24 Dec 2024 05:43
The Composite Stock Price Index (JCI) closed up 1.61% or 112.58 points to 7,096.45 on Monday (23/12).
Banks to receive liquidity support of IDR 290 trillion in 2025
19 Dec 2024 07:22
Bank Indonesia (BI) will increase the portion of the Macroprudential Liquidity Incentive Policy (KLM) assistance to IDR 290 trillion for hundreds of banks starting next year.
Bank Indonesia to maintain BI-rate at 6%
18 Dec 2024 15:15
Bank Indonesia (BI) maintains BI-rate at 6%, deposit facility rate at 5.25%, and lending facility at 6.75%. The decision was recently made following BI Board of Governor Meeting held for two days, December 17 to 18.
Highly coveted, Bank Panin reportedly pursued by OCBC and CIMB
11 Dec 2024 12:19
Oversea-Chinese Banking Corporation (OCBC) and CIMB Group Holdings Bhd are joining the competition to be the controlling shareholder of PT Bank Pan Indonesia Tbk (PNBN) or Bank Panin, according to 3 insiders quoted by Reuters.
DBS and Japanese banks reportedly eyeing Bank Panin acquisition
11 Dec 2024 06:07
Several prominent Asian banks are reportedly submitting proposals to acquire PT Bank Pan Indonesia Tbk (PNIN), also known as Bank Panin.
Bank Amar launches Embedded Banking in support of micro enterprises
05 Dec 2024 17:16
Now targeting B2B segment, PT Bank Amar Indonesia Tbk (AMAR) has officially launched its Embedded Banking service today (5/12) to support the scaling of micro, small, and medium enterprises (MSMEs).
JCI falls into red zone driven by banking shares
05 Dec 2024 14:30
The Composite Stock Price Index (JCI) in today's first trading session corrected 0.45% to 7,293.96, after strengthening in the last 2 days.
