#financial system

Collection of financial system news, found 485 news.

BI, Reserve Bank of India strengthen collaboration on payments system

Bank Indonesia (BI) and the Reserve Bank of India (RBI) agreed to expand payments system cooperation and strengthen ...

News Focus

Efforts for digitizing national MSMEs

Bank of Indonesia (BI) recorded a spike in digital transaction users, reaching 21 million people in 2022, owing to a ...

G20 Indonesia

Cost of mitigating extreme weather could reach 40% of GDP: BI

The cost of mitigating the impacts of extreme weather could reach 40 percent of Indonesia’s gross domestic ...

Cross-border payments still posing challenge: BI

The implementation of cross-border payments is still posing several challenges, such as high costs, limited access ...

Expect digital currency to stoke capital market growth: BI

Deputy Governor of Bank Indonesia (BI) Doni Primanto Joewono said that he expects the central bank digital currency ...

BNI offers digital business solutions at 2022 Java Jazz Festival

State-owned Bank PT Bank Negara Indonesia Tbk (BNI) offers digital business solutions for millennial entrepreneurs at ...

Early detection is a crucial transformation in health system: Ministry

Strengthening early detection of a disease is a crucial transformation in Indonesia's health system, according to ...

Policy normalization will be done at appropriate time: BI

Bank Indonesia (BI) will carry out policy normalization or the exit strategy at the appropriate time, Senior Deputy ...

Encouraging mosques to become people's economic empowerment center

Street bazaars where beverages for iftar are usually sold are easy to find during the holy month of Ramadan as they ...

Jokowi seeks precise spending plan for below three-percent deficit

President Joko Widodo (Jokowi) called on his staff to prepare a correct, detailed, and precise spending plan to return ...

G20 Indonesia

BI, BIS unveil 2022 G20 Techsprint Initiative

Bank Indonesia (BI) and Bank for International Settlements (BIS) Innovation Hub today unveiled the 2022 G20 TechSprint ...

Indonesia has strong economic prospects amid Russia-Ukraine war: BI

Governor of Bank of Indonesia (BI) Perry Warjiyo believes that Indonesia has luck on its side for having strong ...

G20 presses for integrated monetary policies: BI

Finance Ministers and Central Bank Governors (FMCBG) of the Group of Twenty (G20) members have encouraged the ...

Conflict causal to RI's trade balance deficit with Russia, Ukraine

Indonesia's trade balance with the two warring countries, Russia and Ukraine, was in deficit due to the ongoing ...

Economic growth to decline to 4.6 percent in 2022: MPR

The combined impact of the COVID-19 pandemic and Russia-Ukraine war, called "Crisis Upon Crisis," could cause ...