#banking industry

Collection of banking industry news, found 276 news.

BI to implement five new policies to maintain economic stability

Bank Indonesia (BI) has introduced five new policies to maintain the country`s macroeconomic stability and ensure ...

Half-year Results 2013: Union Bancaire Privée Increases Net Earnings by 10%

- Union Bancaire Privée, UBP SA (UBP) has announced a 10% rise in its consolidated net profit year on year, from CHF ...

Increase in bi rate helps stabilize banking industry

Fitch Ratings Indonesia hailed the decision of Bank Indonesia to raise its benchmark interest rate (BI rate) saying ...

Increase in BI rate causes short term problem for banks

The increase in Bank Indonesia benchmark interest rate (BI rate) would have short term adverse impact on the banking ...

Indonesia`s forex reserves shrink to $105 billion

Indonesia`s foreign exchange reserve fell to US$105 billion by the end of May from 107.26 billion a month earlier. ...

"An offer you can`t refuse": Perbanas

Chairman of the Association of Indonesian Bankers (Perbanas) Sigit Pramono described foreign investment in small banks ...

Bank association conveys bankers` expectations to vice president

Chairman of the National Banking Association (Perbanas) Sigit Pramono expressed bankers` expectations about the ...

Rupiah re-denomination for efficiency and simplification

Central bank deputy governor Halim Alamsyah said that rupiah re-denomination is aimed at creating efficiency and ...

Higher rate would not help curb inflation: economist

An economist wants to tell Bank Indonesia that it would not help much in curbing inflation by raising its benchmark ...

RAM Ratings Sees Promising Growth Prospects for Indonesian Banks

-     “Indonesian banks have promising growth prospects given the country’s robust GDP ...

Indonesian parliament approves Agus Martowardojo as new Bank Indonesia governor

Members of the Indonesian House of Representatives (DPR RI) have approved Finance Minister Agus Martowardojo as new ...

New BI governor gets positive response

Economic observers and bankers have given positive response to the election of current Finance Minister Agus ...

Newly elected BI Governor has lots of homework

Outgoing Bank Indonesia (BI) Governor Darmin Nasution said there were still lots of homework that must be done by ...

Perbanas hopes Agus Martowardojo to bring positive stimulus

The Indonesian Banks Association (Perbanas) hopes Agus Martowardojo`s election as the new central bank governor would ...

High lending rate hampers economic growth

High lending rate in the country has hampered national economic growth, an official said. "If the lending rate can ...