#banking sector

Collection of banking sector news, found 181 news.

Fitch affirms Indonesia`s sovereign credit rating at stable outlook

Fitch Ratings (Fitch) affirmed Sovereign Credit Rating of the Republic of Indonesia at BBB/stable outlook. The key ...

Governor convinced Jatim Bank`s assets valued at Rp100 trillion

East Java Governor Soekarwo believes that the assets of Bank Jatim (East Java bank) will reach more than Rp100 ...

Trend of sharia economy is good: BI

The trend of sharia economy in the financing activities in Indonesia, particularly in Central Java, is good and is ...

Japan credit raises Indonesia`s debt rating

Japan Credit Rating Agency Ltd. has raised Indonesia`s Sovereign Debt Rating from BBB- with positive prosoective to ...

President asks financial industry to avoid wait-and-see policy

President Joko Widodo (Jokowi) has asked the financial sector not to adopt a wait-and-see policy because the current ...

PLN ready to issue bonds worth US$1-2 billion in Q1

State electricity company PT Perusahaan Listrik Negara (PLN) is ready to issue rupiah-denominated bonds worth Rp1-2 ...

Indonesia forecast to register 5.3-5.4 percent Q4 economic growth: BI

The countrys central bank, Bank Indonesia (BI), has estimated that economic growth in the fourth quarter (Q4) of 2017 ...

Sri Mulyani, Gouw to be speakers at US-Indonesia Women`s CEO Summit

Finance Minister Sri Mulyani Indrawati along with Julia Gouw, one of the worlds notable bankers born in Surabaya, will ...

Government still optimistic of achieving 5.4 percent economic growth

The Indonesian government remains optimistic that the economic growth target set at 5.4 percent would be realized ...

Banks urged to cut lending rates to follow benchmark interest rate

Banks especially large ones should cut their lending rates to follow Bank Indonesia, which has slashed its benchmark ...

House passes Perppu on financial information access for taxation

The House of Representatives (DPR), at a plenary session here on Thursday, passed Perppu Number 1 of 2017 on access to ...

Ajay Kanwal and Naveen Chopra join TPG as Senior Advisors

- TPG, the global alternative asset firm, today announced it has appointed Ajay Kanwal and Naveen Chopra as Senior ...

RMI and NPE invest in SA’s fintech Entersekt to supercharge global expansion

- Rand Merchant Investment Holdings (JSE:RMI) through AlphaCode, RMI’s innovation hub for fintech entrepreneurs ...

Holding company on media to be finalized in 2017

The establishment of the National Publishing and News Corporation (NPNC), a holding company for state-run media and ...

BNI plans to set up subsidiary in Malaysia

State lender Bank Negara Indonesia (BNI) plans to set up a subsidiary in Malaysia this year after the two countries ...