#banking

Collection of banking news, found 1.984 news.

Maybank Indonesia's net profit rises 29.7% for first quarter 2020

- PT Bank Maybank Indonesia Tbk (Maybank Indonesia or the Bank) today reported that its Profit After Tax and Minority ...

BRI reports 0.37-percent drop in first-quarter net profit

State-owned lender Bank Rakyat Indonesia (BRI) witnessed its first-quarter profit plunge slightly by 0.37 percent to ...

TONIK chooses V-Key as the mobile security partner for its digital bank in the Philippines

- V-Key announced today that it has been chosen to be the mobile security partner of TONIK digital bank, to provide a ...

Stability of financial services sector maintained until April: OJK

Indonesia’s Financial Services Authority (OJK) has found the financial services sector stable as of April, 2020, ...

Tourism Ministry to help MSMEs access aid programs

The Ministry of Tourism and Creative Economy will help MSMEs (micro, small, medium-scale enterprises) gain access to ...

President implements five schemes for MSME protection amid pandemic

President Joko Widodo has implemented five schemes under a program to protect MSMEs and aid their financial recovery, ...

23 million MSMEs should receive funding for working capital: Jokowi

President Joko Widodo (Jokowi) highlighted the need to provide funding assistance to 23 million micro, small, and ...

President outlines plan to exempt MSMEs from income tax for six months

President Joko Widodo (Jokowi) has confirmed a plan to exempt micro small and medium enterprises (MSMEs) with an annual ...

Jakarta City to impose large-scale social restrictions on Friday

Large-scale social restrictions (PSBB) will be imposed in Jakarta on Friday morning, according to Jakarta Governor ...

COVID-19 fallout: Indonesia increases budget spending by $24.8 billion

Indonesia has decided to increase the state budgetary spending for 2020 by Rp405.1 trillion (US$24.8 billion) to deal ...

Government to offer economic stimulus to MSMEs affected by COVID-19

President Joko Widodo (Jokowi) echoed the government’s decision to offer economic stimulus to micro small and ...

Rupiah appreciates over positive sentiment toward risk assets

The Indonesian rupiah strengthened against the US dollar in the Jakarta interbank market on Tuesday morning on the back ...

JPMorgan Chase makes $50 million philanthropic investment to help address immediate and long-term impacts of COVID-19

- JPMorgan Chase today announced a $50 million global philanthropic commitment to address the immediate public health ...

BNI advises customers to use digital, phone services

PT Bank Negara Indonesia (BNI), a state-owned bank, has asked customers to use digital or phone banking to conduct ...

BI maintains public duty, services to mitigate COVID-19 spread

Reflecting on the latest developments in the transmission of COVID-19 in Indonesia, Bank Indonesia (BI) is coordinating ...