#commercial banks

Collection of commercial banks news, found 86 news.

SMF disburses Rp6.05 trillion in loans as of third quarter

State-run secondary mortgage firm PT Sarana Multigriya Finansial (Persero), or SMF, disbursed loans amounting to ...

LPS urges banks to lower lending rate

The Deposit Insurance Corporation (LPS) has urged banks to slash lending rates following the lowering of the guarantee ...

LPS slashes deposit insurance rate by 50 basis points

The Deposit Insurance Institution (LPS) has slashed the deposit insurance rate by 50 basis points for ...

MYbank shortens payment cycles for small and micro businesses in the lead up to this year’s 11.11 Global Shopping Festival

MYbank, a leading online private commercial bank in China with a focus on serving small and micro businesses, today ...

Government to issue ORI018 series bonds at 5.7-percent coupon rate

The Indonesian government is set to soon issue electronic retail state bonds series ORI018 (e-SBNI) at a coupon rate of ...

OJK supports programs on interest subsidies for economic recovery

Financial Services Authority (OJK) supports implementing government programs on interest subsidies for economic ...

BI introduces five follow-up measures against COVID-19 risks

To strengthen coordination and the various policy measures already taken, Bank Indonesia today introduced five ...

Central Bank clears WeChat Pay for Indonesia operations

The Bank of Indonesia has finally agreed to the operations of one of China's most popular electronic payment ...

BI cuts its outlook for loan growth to eight percent

Bank Indonesia (BI) has significantly reduced its outlook for loan growth to eight percent, from the previous range of ...

Rupiah strengthens as investors brace for Fed's announcement

The exchange rate of the rupiah transacted between banks in Jakarta on Wednesday afternoon strengthened, as investors ...

MYbank works with financial institution partners to serve over 15 million SMEs

- MYbank, a leading online private commercial bank in China with a focus on SME financing, today announced that the ...

Only a matter of time until benchmark interest declines: BI governor

Bank Indonesia Governor, Perry Warjiyo, stressed that he had opened wide opportunities for a "7-Day Reverse Repo ...

Assets of commercial banks in Papua register 18.64 percent increase

The Financial Service Authority (OJK) of Papua and West Papua recorded that by September 2018, the assets of ...

BI cooperates with banks to offer currency exchange service

Bank Indonesia (BI) Representative Office, Maluku, again cooperated with 17 banks in Ambon for offering exchange ...

Government appoints 20 distribution partners to sell retail state bonds

The Indonesian government has appointed 20 distribution partners to sell retail state bonds (SUN Ritel) in the ...