#banking

Collection of banking news, found 1.994 news.

BI hails decision to ease banking regulations for foreigners

Bank Indonesia (BI) has responded positively to the Financial Services Authoritys (OJKs) plan to relax procedures for ...

President urges banks to strengthen rupiah

President Joko Widodo, who is well known as Jokowi, has urged banks to strengthen the Rupiah by encouraging their ...

Rupiah weakening caused by global financial dynamic: Central bank

The Rupiah has weakened to Rp14.000 per U.S. dollar due to global financial dynamics, said Indonesias Central Bank ...

IBM and the Singapore Economic Development Board Launch the IBM Smarter Commerce Centre of Competency

- IBM and the Singapore Economic Development Board (EDB) have jointly announced the establishment of the IBM Smarter ...

Internet Society Brings the Cyber Security Conversation to Indonesia

- The Internet Society (ISOC) is holding its first Asia Internet Symposium (AIS) in Jakarta, Indonesia today. Hosted by ...

Indonesia`s forex reserves secure: BI official

Indonesias foreign exchange (forex) reserves are safe and need not elicit concern, a central bank official said here ...

Indonesia gains international recognition for resisting global economic turbulence

Indonesia has earned the recognition of multinational institutions due to its efforts to improve financial market ...

Current account deficit still wide: BI

Bank Indonesia (BI) has admitted that the deficit in primary income transactions is still large due to strong capital ...

Rupiah depreciation has not hurt investment flow

The recent depreciation of Indonesias rupiah currency against the U.S. dollar has so far not hampered the flow of ...

Economic upheaval to continue until the Fed issues decision

The current global economic upheaval will continue until the US Federal Reserve adjusts its benchmark rate, according ...

Rupiah weakening to Rp16,000 might bankrupt some banks, warns economist

Many banks and non-banking financial institutions might go bankrupt if the rupiah plunges to Rp16,000 against the U.S. ...

National banking industry remains safe amid rupiah`s depreciation: BI

The national banking industry is still safe amid the depreciating rupiah, Deputy Governor of Bank Indonesia (BI) Erwin ...

Thailand becomes the first stop of UnionPay Chip Card Standard that is 'going global'

-UnionPay International and Thailand Bankers Association signed Chip Card Standard License Agreement in Bangkok on ...

Deficit widens in 2016 on more fund for infrastructure

The government has allowed the deficit to widen in the 2016 draft state budget for the sake of its ambitious ...

J.D. Power and Percipient to Form Strategic Alliance to Provide Customer Satisfaction Enhancement Programs to Financial Services Businesses in Asia

- J.D. Power and Percipient today announced their intention to form a strategic alliance to provide a range of ...