#financial sector

Collection of financial sector news, found 491 news.

BNI asks Bank Indonesia to be firm in principle of reciprocity

Publicly traded lender PT Bank Negara Indonesia urged Bank Indonesia (BI) to be firm in its stand facing other ...

IFC Supports OJK in Improving Corporate Governance in Indonesia

IFC, a member of the World Bank Group, and Indonesia's financial services authority Otoritas Jasa Keuangan signed an ...

Bank Indonesia to launch e-money payment system in June

Bank Indonesia said it will start introducing transactions with electronic money (e-money) system of payments next ...

VP Boediono calls on banks to strengthen capital

Indonesia`s Vice President Boediono called on the country`s banks here on Thursday to increase their capital adequacy ...

DBS waiting for the final nod from central bank for acquisition

Singapore`s DBS Group said it hopes Bank Indonesia (BI) announced its approval for its proposal to acquire Bank ...

Indonesia can achieve 6.6 pct economic growth this year

Amid predictions of lower economic growth by international institutions, Bank Indonesia (BI) is still convinced that ...

Massive retirement fund withdrawal can cause trouble to Jamsostek: Economist

The threat by some workers to withdraw a massive amount of retirement funds in mid-January may not be fulfilled at the ...

China`s foreign trade value increases by six percent

China`s Trade Ministry has stated that China`s foreign trade value increased by only six percent in 2012 due to the ...

LeapFrog Investments Adds Two New Partners to Co-Lead Financial Services in Asia

- LeapFrog Investments has appointed two new Partners, both dedicated to growing the group's portfolio of financial ...

Rupiah loses more value

The Indonesian currency rupiah lost more value against the US dollar in inter-bank transactions here on Wednesday ...

New SHUAA Strategy and Logo Presented to Financial Community

-     - HE Mohammed Al Shaibani unveiled new SHUAA branding at event attended by prominent ...

Legal umbrella needed to deal with crisis: VP

Vice President Boediono has stated that the government needs a strong legal umbrella in order to effectively deal with ...

India Post Selects Infosys to Transform its Financial Services

-     Infosys, a global leader in consulting and technology, today announced that it has been ...

OJK to start communication with industrial sector soon

The newly sworn-in chairman of the board of commissioners of the Financial Service Authority (OJK), Muliaman D Hadad, ...

Indonesia cooperates with Australia, S.Korea in banking supervision

Indonesia agreed on Wednesday to cooperate with Australia and South Korea in banking supervision. Bank Indonesia ...