Reinforcing financing, BTPN to issue IDR 1.39 trillion bond
02 Dec 2024 11:07
PT Bank SMBC Indonesia Tbk (BTPN) will offer Shelf-Registration Bond Phase II Year 2024 of IDR 1.39 trillion next week (11-12/12).
Automotive market slumps, BFI Finance sets 5% growth target for year-end
21 Nov 2024 15:30
PT BFI Finance Tbk (BFIN) has set a moderate target for asset growth and financing distribution by the end of 2024, in light of sluggish automotive market throughout the year.
Forex reserves arrived at USD 151.2 billion in October 2024
07 Nov 2024 16:45
Indonesia’s foreign exchange (forex) reserves as of October 2024 were recorded at USD 151.2 billion, up from USD 149.9 billion in September 2024.
BRI channelled loan and financing of IDR 1.35 quadrillion as of September 2024
04 Nov 2024 13:06
Loan and financing distribution of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) reportedly grew 8.2% year-on-year (yoy) to IDR 1.35 quadrillion as of September (9M) 2024 from IDR 1.25 quadrillion in 9M 2023.
Automotive industry sluggish, new ADMF financing declines by 9% as of September 2024
01 Nov 2024 18:31
PT Adira Dinamika Multi Finance Tbk (ADMF) recorded a decline in new financing of up to 9% year-on-year (yoy) at the end of September (9M) 2024, following the trend of weakening car sales.
TPMA and SIM to form joint venture
09 Sep 2024 15:18
PT Trans Power Marine Tbk (TPMA) and PT Samudra Investama Maju (SIM) establish a joint venture in order to acquire 20 sets of tug and barge vessels, as well as 2 units of floating cranes, within the next three years.
Thanks to BRI Empowerment, This MSME Optimizes Bamboo Products to Overseas Markets
09 Sep 2024 10:57
Unexpected inspiration can actually lead someone to create a new and successful business, as experienced by Adang, a MSME actor in Bandung, who successfully optimized bamboo into various types of crafts and processed food products and is famous internationally.
August 2024 saw increases in forex reserves
06 Sep 2024 17:37
Bank Indonesia (BI) reported an increase in forex reserves in August 2024 following a decline back in February 2024.
Buana Finance to work with Bank Jago for a joint financing of IDR 500 billion
04 Sep 2024 10:07
PT Buana Finance Tbk (BBLD) pairs up with PT Bank Jago Tbk (ARTO) to reinforce financing distribution to consumers. In 2023, the issuer reported financing receivables of roughly IDR 5.3 trillion.
Promoting MSME financing, Modalku joins hands with Lotte Grosir
20 Aug 2024 10:35
Modalku, a fintech platform, is partnering with Lotte Grosir to provide term financing for raw material purchase for Micro, Small, and Medium Enterprises (MSMEs).
