#financial system

Collection of financial system news, found 476 news.

2022 banking performance sparks hope amid global turmoil: OJK

The Financial Services Authority (OJK) has described the banking industry's strong and stable performance in 2022 ...

Positive stock market performance in 2022 capital for 2023: minister

The significantly positive performance of Indonesia’s stock market in 2022 will be a good capital for facing any ...

BI projects inflation to reach 0.48 percent in December 2022

Bank Indonesia (BI) has projected inflation in December 2022 to reach 0.48 percent as compared to the previous month ...

Credit growth reaches 11.16% yoy in Nov: BI

Indonesia recorded a credit growth of 11.16 percent year on year (yoy) in November 2022, Governor of Bank Indonesia ...

UU P2SK to maintain BI, OJK, LPS independence, minister assures

The Law on Financial Sector Development and Strengthening (P2SK) will not curtail the independence of Bank Indonesia ...

Foreign exchange reserves increase to US$134 billion in Nov

Indonesia’s foreign exchange reserves swelled to US$134 billion at the end of November 2022 from US$130.2 billion ...

Forex earned from exports must be deposited domestically: Widodo

President Joko Widodo (Jokowi) has directed officials to ensure that the foreign exchange earned from exports is ...

BI prepares five policy mixes to tackle 2023 global turmoil

Bank Indonesia (BI) has prepared five policy mixes for next year in order to strengthen Indonesia's resilience, ...

BI projects national economy to grow 4.7-5.5 percent in 2024

Bank Indonesia (BI) Governor Perry Warjiyo has forecast the national economy to grow in the 4.5-5.3 percent range in ...

BI outlines five global economic risks in 2023

Indonesia must remain alert against five potential global risks that could affect national economic growth and recovery ...

BI optimistic of 4.5--5.3% economic growth in 2023

Governor of Bank Indonesia (BI) Perry Warjiyo on Wednesday expressed optimism that Indonesia's economy ...

Financial services sector must be proactive in tackling crises: OJK

Chairman of the board of commissioners of the Financial Services Authority (OJK), Mahendra Siregar, has asked players ...

BI to start preparations for relocation to Nusantara in 2023

Bank Indonesia (BI) Governor Perry Warjiyo confirmed that the central bank will commence preparations to relocate its ...

G20 Indonesia

G20 preparations for pandemic fund to handle future pandemics

World War II, which raged on from 1939 to 1945, was the deadliest human tragedy triggered by conflict between the two ...

Widodo asks ASEAN to remain vigilant against wave of crisis

President Joko Widodo (Jokowi) has urged the Association of Southeast Asian Nations (ASEAN) to remain vigilant against ...