OJK to act on fintech with NPL rate over 5%
30 Mar 2023 15:19
The Financial Services Authority (OJK) will take action on some financial technology companies (fintech) that has a non-performing loan (NPL) or TWP90 rate of over 5%.
Bank Woori Saudara channels IDR 40.10 trillion in 2022
30 Mar 2023 13:39
PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) channeled IDR 40.10 trillion in credit throughout 2022, up from the same period in 2021 of IDR 33.43 trillion.
Bank Jabar to cancel rights issue plan
14 Mar 2023 06:25
PT BPD Jawa Barat dan Banten Tbk (BJBR) decides to postpone the rights issue plan to be discussed in the upcoming Annual General Shareholders Meeting on April 4, 2023.
NOBU successfully restructured IDR 1.02 trillion credits in 2022
13 Mar 2023 05:34
The management of PT Bank Nationalnobu Tbk (NOBU) claimed that it managed to restructure IDR 1.02 trillion credits in 2022.
Maybank disbursed total IDR 107.81 trillion of credits in 2022
10 Mar 2023 10:04
The credit distributed by PT Bank Maybank Indonesia Tbk (BNII) grew to IDR 107.81 trillion in 2022 from IDR 101.77 trillion in 2021.
Bank Panin's profit soared 80.32% in 2022
10 Mar 2023 06:13
The profit of PT Bank Pan Indonesia/Panin Tbk (PNBN) was recorded at IDR 3.23 trillion in 2022, shifting up by 80.32% year-on-year (yoy) from IDR 1.81 trillion in 2021.
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).
