#banking industry

Collection of banking industry news, found 276 news.

Government urged to increase use of sharia banks

The Indonesian government should increase the use of sharia banks, particularly for state expenditure, to help grow ...

BRIisat ushers in new era in banking industry in Indonesia

BRIsat, the communications satellite of the state-owned lender Bank Rakyat Indonesia (BRI) was finally launched early ...

Indonesian banking industry`s profit reaches Rp28.95 trillion until March

The Indonesian banking industry saw their profit in the first quarter of 2016 falling 2.4 percent to Rp28.9 trillion ...

Tax amnesty funds to be used for boosting banks` capacity

The OJK expects that funds sourced from the passage of the tax amnesty bill should be used to increase the capacity of ...

UnionPay International works with the top four banks in Thailand to build the local bankcard switching system

-On February 24, UnionPay International, together with Thailand's top four commercial banks, announced that TPN (Thai ...

Indonesian bank opens branch in Seoul

An Indonesian bank, Bank Negara Indonesia (BNI) 46, opened a branch office in Seoul, South Korea, in Wise Tower, on ...

Surabaya chamber asks banks to cut lending rate to 8 percent

The Indonesian Chamber of Commerce and Industry (Kadin) of Surabaya chapter has asked banks to lower their lending ...

Bank Indonesia predicts credit growth in 2015 to reach 11%

The Indonesia's Central BankBank Indonesia has predicted that credit growth in the banking industry will reach between ...

Verifone Mobile Money, PT. Finnet and PT. Telkomsel Indonesia launch TCash Tap

- Mobile network operator Telkomsel Indonesia the largest mobile operator in South East Asia has teamed up with ...

Jakarta index 3.9 percent weaker in a week

The Jakarta Composite Index (JCI) was 3.9 percent weaker in a week in the period of Sept 21 to 25 on market players ...

Government encourages efforts to boost foreign exchange reserves

The Indonesian government is formulating a policy to boost the countrys foreign exchange reserves, Finance Minister ...

Indonesian banking industry in good conditio0n: Jokowi

President Joko Widodo (Jokowi) said that the condition of the countrys banking industry is fairly good despite the ...

PAN offers government policy to lift Indonesia out of crisis

The Central Executive Board of the National Mandate Party (PAN) offers a mid way political economic policy to the ...

Rupiah depreciation has not hurt investment flow

The recent depreciation of Indonesias rupiah currency against the U.S. dollar has so far not hampered the flow of ...

Economic upheaval to continue until the Fed issues decision

The current global economic upheaval will continue until the US Federal Reserve adjusts its benchmark rate, according ...