#financial institutions

Collection of financial institutions news, found 640 news.

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 ...

OneConnect announces pricing of initial public offering

- OneConnect Financial Technology Co., Ltd. (OneConnect), a leading technology-as-a-service platform for financial ...

Jokowi stresses on raising financial literacy to boost micro economy

President Joko Widodo (Jokowi) has put his weight behind improving financial literacy and inclusion among Indonesians ...

Minister hints at Tumilaar becoming Bank Mandiri president director

State-Owned Enterprises Minister Erick Thohir dropped hint of Royke Tumilaar being made president director of state ...

Indonesia's economy forecast to record 5.05 percent growth in 2019

Vice Finance Minister Suahasil Nazara has projected Indonesia’s economy to register a slower paced growth in 2019 ...

DaraPay announces strategic partnership with Chinese tech giant- Alipay

- DaraPay, the leading mobile E-wallet and payment service providers, today announces its partnership with Alipay, ...

NTT Com to invest in fintech startup M-DAQ

- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT ...

Moody’s to acquire minority stake in SynTao Green Finance

- Moody’s Corporation (NYSE:MCO) announced today that it will acquire a minority stake in SynTao Green Finance ...

SOCASH and JCB set their sights on Cardless Currency Exchange service for Tourists

SOCASH, a Singapore-based fintech startup, today announced its' foray into the foreign exchange market with plans of a ...

Inaugural 2019 All-Asia Most Honored Companies Awards-ASEAN names 24 Regional Companies for Investor Relations Excellence

Twenty-four ASEAN-registered companies were honoured for their best-in-class investor engagement at the inaugural 2019 ...

Capital market expected to fund toll road development

The capital market, as one of the funding mechanisms, is expected to continue financing the development of the toll ...

World Bank approves $150 million geothermal energy loan

The World Bank’s Board of Executive Directors has approved a US$150 million loan for Indonesia to scale up ...