#banks

Collection of banks news, found 449 news.

Too early to ease monetary policy: BI

Bank Indonesia (BI) thinks it is still too early to ease the current monetary policy; including reducing the reference ...

Bank assets in Papua grow 8.81 percent

Head of Bank Indonesia representative office in Papua Joko Supratikto said bank assets in Papua has increased ...

President hopes no delay in budget approval

President Joko Widodo (Jokowi) said in front of leaders of district legislative assemblies (DPRD) from all over ...

President views Fed`s hike in interest rate as positive sign

President Joko Widodo (Jokowi) welcomed the recent hike in interest rate by the US Federal Reserve, viewing it as a ...

UnionPay and Its Partners Jointly Launch QuickPass--Innovative finance benefits public welfare and shapes the blueprint of mobile payment

-On December 12, UnionPay launched QuickPass in Beijing in cooperation with over 20 commercial banks, ushering in an ...

Only 11 percent of exporters` foreign exchange converted into rupiah

The amount of foreign exchange from exports deposited with the domestic banks has increased but only 11 percent of it ...

Slow budget absorption to cause economic contraction: President

President Joko Widodo (Jokowi) revealed that he had called on ministries, government agencies, and regional ...

Japan to become FDI source in 2016

The Head of Indonesias Investment Coordinating Board (BKPM), Franky Sibarani, stated that Japan will become a source ...

Italy's foreign trade: focus on Africa, Iran and ASEAN countries

The year 2016 will be difficult for foreign trade, but Italy is determined to balance the accounts and identify new ...

Indonesian ministry reinforces networks of fish meal producers

The Marine Affairs and Fisheries Ministry (KKP) is strengthening fish meal producer networks in an effort to build ...

Floods inundate nine villages in West Aceh

Floods inundated at least nine villages in East Woyla Sub-district, West Aceh District, Aceh Province, on Friday as ...

Indonesia issues global bonds worth US$3.5 billion

The Indonesian government issued global bonds worth US$3.5 billion at the New York Stock Exchange on December 1 as ...

Bank lending rate should be lowered to stimulate investment: VP

The bank lending rate, which currently stands above 10 percent, should be lowered as part of the efforts to stimulate ...

BI maintains interest to prevent capital outflow

Bank Indonesia (BI) said it has maintained its benchmark interest rate (BI rate) at 7.5 percent this year to prevent ...

Investors welcome Indonesian eurobond: Chatib Basri

Investors have shown strong interest in Indonesias euro-denominated bond issued recently, stated Finance Minister ...