#banking industry

Collection of banking industry news, found 276 news.

Pine Labs expands in Southeast Asia

Pine Labs, a leading merchant commerce platform in Asia, announced key organizational changes to further strengthen ...

BI urges banks to digitize quickly

Bank Indonesia (BI) Governor Perry Warjiyo has urged banks to digitize quickly, saying that currently, there are around ...

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Indonesia keen to harness untapped sharia economic potential

Indonesia, with the world's largest Muslim population, constituting almost 90 percent of its 271 million people, ...

OJK drafting minimum capital requirement for digital banks

The Financial Services Authority (OJK) is formulating regulations on the establishment of digital banks, which include ...

Minister Qoumas lauds launch of Indonesia Sharia Bank

Religious Affairs Minister Yaqut Cholil Qoumas has lauded the launch of the Indonesia Sharia Bank (BSI), saying he ...

Islamic banking grew faster than conventional banking amid pandemic

President Joko Widodo (Jokowi) highlighted the performance of Indonesia's Islamic banking industry that grew at a ...

Bank credit disbursal instrumental to economic recovery in 2021

Economist at Padjadjaran University Aldrin Herwany gauged that credit disbursement by banks to business actors would ...

BI survey sees continued increase in corporate demand for financing

Bank Indonesia’s Supply and Demand Financing Survey has projected a continued increase in corporate demand for ...

Industry Ministry organizes 2020 Cosmetic Virtual Expo

The Industry Ministry organized the 2020 Cosmetic Virtual Expo to encourage small- and medium-scale enterprises (SME) ...

Solid money supply growth maintained in September 2020: BI

Broad money (M2), as a measure of liquidity in the economy, maintained solid growth in September 2020 supported by M1 ...

Sharia banks' merger to catalyze development of sharia economy: OJK

The envisioned merger of three sharia banks would drive development of the banking industry and sharia economy, with ...

BI leaves key rate unchanged again amid low inflation outlook

Bank Indonesia has left its Seven-Day Reverse Repo Rate (BI7DRRR) unchanged at 4 percent for the third consecutive ...

Retail sales continue to improve: BI

BI's retail sales survey showed most commodity groups’ retail sales performance continually improving, as ...

Monetary council in revised BI law to be problematic: MPR

People's Consultative Assembly (MPR) Chairman Bambang Soesatyo opined that the government’s presence in a ...

Bank Indonesia supports digitization of banking industry

Bank Indonesia (BI) is supporting the digitization of the banking industry, which has become particularly vital amid ...