#banking sector

Collection of banking sector news, found 193 news.

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 ...

OJK, Astana agree to support the financial services industry

The Financial Services Authority (OJK) has signed cooperation agreements with financial institutions in Kazakhstan ...

President urges HIPMI to play role in development efforts

President Joko Widodo has asked young entrepreneurs grouped in the Association of Indonesian Young Businessmen (HIPMI) ...

Credit to grow in third quarter: Bank Indonesia

Bank Indonesia is predicting that bank credit will grow in the third quarter this year, with working capital credit to ...