#financial system

Collection of financial system news, found 485 news.

BI raises benchmark rate by 50 basis points

Bank Indonesia (BI/the central bank) raised its benchmark rate by 50 basis points to 6.5 percent from the previous 6 ...

OJK to operate fully in 2014

Indonesia is expected to fully operate the new financial service authority (OJK) in 2014 after process of making the ...

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 ...

BI to coordinate with govt to control inflation

Bank Indonesia Governor Agus Martowardojo said he would continue coordinating with the government especially the ...

Bank Indonesia raises rate by 25 basis points

Bank Indonesia raised its reference rate by 25 basis point from 5.75 to 6.0 percent here on Thursday. The central ...

Increase in BI rate causes short term problem for banks

The increase in Bank Indonesia benchmark interest rate (BI rate) would have short term adverse impact on the banking ...

Bank Indonesia says stability of banking financial system good

Bank Indonesia Governor Agus Martowardojo said the stability of banking financial system and intermediary functions ...

Yudhoyono remains confident over country`s economy

President Susilo Bambang Yudhoyono is confident Indonesia will be able to pass through worsening economic situation ...

BI raises deposit facility rate

Bank Indonesia has decided to raise the deposit facility interest rate from four percent to 4.25 percent to better ...

Three cellular operators launch joint electronic money service

Three local cellular operators in Indonesia namely Telkomsel, Indosat and XL Axiata here on Wednesday launch a joint ...

Bank Indonesia sees no reason to raise reference rate

Bank Indonesia has not seen any strong reason to change or raise its reference rate now standing at 5.75 percent, ...

Indonesian parliament approves Agus Martowardojo as new Bank Indonesia governor

Members of the Indonesian House of Representatives (DPR RI) have approved Finance Minister Agus Martowardojo as new ...

New BI governor gets positive response

Economic observers and bankers have given positive response to the election of current Finance Minister Agus ...

Newly elected BI Governor has lots of homework

Outgoing Bank Indonesia (BI) Governor Darmin Nasution said there were still lots of homework that must be done by ...

Perbanas hopes Agus Martowardojo to bring positive stimulus

The Indonesian Banks Association (Perbanas) hopes Agus Martowardojo`s election as the new central bank governor would ...