#financial institutions

Collection of financial institutions news, found 636 news.

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 ...

Incentives of pre-employment card to be reserved for savings: DNKI

The National Council for Inclusive Finance (DNKI) called on the recipients of the pre-employment card to set aside ...

IsDB provides emergency funds to mitigate economic brunt of COVID-19

Finance Minister Sri Mulyani Indrawati echoed the Islamic Development Bank's (IsDB's) readiness to furnish ...

Indrawati forecasts COVID-19 pandemic to dampen economic growth

Finance Minister Sri Mulyani Indrawati has projected a slowdown in Indonesia's economic growth to 2.3 percent, and ...

IMF projects negative global economic growth this year

The Managing Director of the International Monetary Fund (IMF), at a virtual meeting with G20 members, forecast that ...

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 ...

Indonesia's foreign debts recorded at US$410.8 billion in January 2020

Indonesia's foreign debts totaled US$410.8 billion at the end of January 2020, characterizing a 7.5-percent spike ...

ZILLIONe together with SmartStream provides reconciliations solution to People’s Bank of Colombo

- ZILLIONe, the internationally networked enterprise solutions provider, recently completed the successful ...

A better alternative to banking - ClubSwan.com

- ClubSwan.com, the leader in membership driven financial solutions, further expands its innovative alternative banking ...

Indonesia's financial inclusion index increased in 2019: Jokowi

President Joko Widodo (Jokowi) drew attention to Indonesia's financial inclusion index (FII) having risen to 76.19 ...

Plan to dissolve OJK may reduce investors' trust: Indef

The plan to dissolve the Financial Service Authority (OJK) will only reduce the confidence investors have in Indonesia, ...

President stresses on reform in insurance industry, pension fund

President Joko Widodo (Jokowi) laid weightage on the need to reform non-banking financial institutions, including the ...

Indonesia's foreign debts reached US$401.4 billion in November

Indonesia's foreign debts reached US$401.4 billion in November 2019, up 8.3 percent compared to November 2018, but ...

Indonesia's official reserve assets reach USD129.2 billion in December

Indonesia's official reserve assets stood at USD129.2 billion as of end-December 2019, increased from USD126.6 ...