#financial system

Collection of financial system news, found 490 news.

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 ...

Martowardojo ready to undergo test for central bank chairman

Finance Minister Agus Martowardojo has expressed his readiness to undergo a fit and proper test by the House of ...

BI predicts economy will grow by 6.3%

According to Bank Indonesia, the country`s economy will grow by 6.3 to 6.8 percent in 2013. "Indonesia`s economy ...

Bank Indonesia: Private debts still safe

Bank Indonesia Governor Darmin Nasution said that the country`s private debt level is still safe. "Globally, in ...

Islamic economy should be turbulence-proof: central bank`s governor

Governor of Bank Indonesia Darmin Nasution said that apart from being run by Sharia principles, the Islamic (Sharia) ...

KPK to begin questioning witnesses over Century case

The Corruption Eradication Commission (KPK) will soon begin questioning witnesses in the Rp6.7 trillion Bank Century ...

BI strengthens banks` intermediary function through branchless banking

The Indonesian central bank has issued a policy which strengthens the intermediary function of the national banking as ...

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 ...

Govt considers changing civil servants` pension system

The government has been planning to change the current pension system for civil servants in a way that it no longer ...

President SBY to attend GP Ansor anniversary

President Susilo Bambang Yudhoyono is slated to attend the 78th anniversary of GP Ansor, a youth wing of the country`s ...

RI not to adopt financial inclusion principles from other countries

Indonesia has its own model of financial inclusion and it does not need to adopt the models of other countries, ...