#banking industry

Collection of banking industry news, found 276 news.

Bank credit grows 26 percent: BI

Bank credit grew 26 percent in April year-on-year, beating earlier estimates of 23-24 percent. Central bank ...

Pertamina raises $2.5 bln from global bond sales

State oil and gas company Pertamina said it has raised US$2.5 billion from the sale of 10 and 30 year global bonds. ...

Bank Indonesia prepares multi-licensing policy

Bank Indonesia is preparing a regulation that will require national banks to apply for an additional permit for ...

Bank Indonesia to summon DBS Singapore for discussions

Bank Indonesia will summon the management of DBS Singapore in connection with plans to purchase 67.37 percent of Bank ...

BNI Deploys Multifactor Authentication System, Indriya Ease, Powered by Nuance's VocalPassword

-         - PT Bank Negara Indonesia (Persero) Tbk (BNI) becomes the first bank in ...

BNI posts trade finance transactions worth $19 bln last year

State-owned Bank Negara Indonesia (BNI) posted trade finance transactions worth US$19.83 billion last year, up 72 ...

BII profit in 2011 increased 45 percent

PT Bank International Indonesia (BII) recorded a net profit of Rp669 billion in 2011, a 45 percent increase compared ...

BI rate cut not just to reduce money`s cost

Bank Indonesia (BI) lowered its benchmark rate by another 25 basis points to 5.75 percent last Thursday (Feb 9) while ...

BI optimistic lending rates will drop soon

Bank Indonesia (the central bank/BI) is optimistic the decline in the Deposit Insurance Agency (LPS)`s benchmark ...

RI bank interest rates on deposits highest in ASEAN : BI

Indonesian bank interest rates on deposits or savings are at the highest level in the ASEAN region and need to be ...

Bank Indonesia considering to buy long-term state securities

Bank Indonesia is considering to buy long-term securities in an effort to increase efficiency in the banking industry ...

Kadin asks govt to persuade state banks lower lending rates

The Indonesian Chamber of Commerce and Industry (Kadin) has asked the government to push state-owned banks to lead in ...

BI predicts economy to grow 6.3-6.7 pct in 2012

Bank Indonesia predicts the country`s economy would grow between 6.3 and 6.7 percent in 2012 and later rise between ...

BI never forced banks to lower interest rates

Bank Indonesia (BI or central bank) never forced the banking industry to cut their interest rates although the BI Rate ...

Govt to cover 2012 budget deficit with bonds

The government will rely on the issuance of local bonds to cover a deficit in the 2012 state budget, a Finance ...