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.
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.
LEAD issues Bank Guarantee to secure new contract
24 Jan 2023 14:19
PT Logindo Samudramakmur Tbk (LEAD) has issued a Bank Guarantee facility at PT Servewell Offshore to secure a new shipping contract.
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.
Following Bank Sumut, Bank DKI reportedly eyeing IDR 3 trillion IPO
20 Jan 2023 15:04
PT Bank DKI, a Regional Owned Enterprise (BUMD) owned by the Provincial Government of DKI Jakarta, is reportedly eyeing an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX).
Bank Syariah Indonesia to boost MSME financing this year
20 Jan 2023 14:47
PT Bank Syariah Indonesia Tbk (BRIS) targets financing for Micro, Small and Medium Enterprises (MSMEs) in 2023 to grow up to 18-20% on an annual basis or year-on-year (yoy).
Buana Finance to secure IDR 150 billion loans from Bank KEB Hana Indonesia
16 Jan 2023 16:22
PT Buana Finance Tbk (BBLD), a financing venture circa 1982, has recently obtained a credit facility of IDR 150 billion.
Investment plans to see increases in Q1 2023
13 Jan 2023 17:19
The Business Survey of Bank Indonesia (BI) indicates that investment plans in Q1 2023 will rise above Q2 2022.
NFCX to pair up with Bank DKI for EV credit
13 Jan 2023 13:23
PT NFC Indonesia Tbk (NFCX), through its subsidiary, PT Volta Indonesia Semesta, is working together with Bank DKI to facilitate easier access to procure electric vehicle (EV).
Banks to recalculate RWA based on Basel III Reforms
12 Jan 2023 07:26
Banks are mandated to recalculate risk-weighted assets (RWA) and adjust them according to Basel III Reforms starting January 1, 2024.
