#banking

Collection of banking news, found 242 news.

Square, Inc. changes name to Block

Square, Inc. (NYSE: SQ) announced today that it is changing its name to Block. Block will be the name for the company ...

BI studies two ways to disseminate digital rupiah

Bank Indonesia (BI) is currently studying two approaches for the dissemination of digital rupiah in preparing for the ...

Jakarta curtails public activities to prevent spread of Omicron

The Jakarta provincial government is restricting public activities that will likely draw crowds as a preventive measure ...

Government will never abandon upstream oil, gas industry: Minister

The Indonesian government will never abandon the upstream oil and gas industry despite a global trend in renewable ...

BRI reduces cost of funds to all-time low

State-owned PT Bank Rakyat Indonesia (BRI) managed to reduce the cost of funds to the lowest point in history as the ...

Krakatau Sarana Properti sets sights on land outside Cilegon

Krakatau Sarana Properti (KSP), a subsidiary of state-owned enterprise PT Krakatau Steel, has said it plans to purchase ...

Village-owned enterprises must improve villagers' livelihood: Minister

Minister of Villages, Development of Disadvantaged Regions, and Transmigration, Abdul Halim Iskandar, has urged ...

Electric car industry's development to address national energy issues:

Development of the electric car industry can be a solution to the nation's energy problems, such as the high ...

Financial technology boosts financial inclusion: Aftech

The presence of financial technology (fintech) companies can encourage the acceleration of financial inclusion in ...

Biodiversity crucial asset to produce biotechnology-based medicine

Health Minister Budi Gunadi Sadikin deems biodiversity as a vital asset for Indonesia to become a biotechnology-based ...

AFPI to form task force to thwart illegal online lending

The Indonesian Joint Funding Fintech Association (AFPI) has planned to establish a joint task force to address the ...

G20 notably contributes to tackling global challenges: Minister

The G20 forum offers a noteworthy contribution in setting a standard and resolving global economic challenges, Finance ...

Economic recovery should be supported by solid financial sector: BI

Senior Deputy Governor of Bank Indonesia (BI) Destry Damayanti believes support from a solid financial sector, ...

Fintech financing to productive sectors at Rp114.76 trillion: OJK

The total financing arranged by financial technology firms for productive sectors until October 2021 reached Rp114.76 ...

BRI books Rp10.2-trillion consolidated profit in Q1-2020

State-owned Bank Rakyat Indonesia (BRI) posted a consolidated profit, along with its subsidiaries, of Rp10.2 trillion ...