#lending

Collection of lending news, found 497 news.

BI lowers benchmark rate to 3.5 percent

Bank Indonesia (BI) has decided to cut its benchmark rate, or the BI Seven-Day Reverse Repo Rate (BI7DRRR), by 25 basis ...

P2P lenders asked to report to OJK from April 1

The Financial Services Authority (OJK) has asked peer-to-peer (P2P) lending platforms to report to the agency from ...

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Expediting Indonesia's economic recovery process

Global economic activity will continue to increase, as various countries roll out COVID-19 vaccinations, coupled with ...

Task Force finds 133 illegal P2P fintech, 14 illegal businesses

The Investment Alert Task Force has found 133 illegal peer-to-peer lending financial technology (fintech) and 14 ...

Sharia fintech to transform Indonesia into halal producers' hub

- into Bank Syariah Indonesia (BSI) is positive news for sharia fintech. "With the merger of sharia banks, the ...

JPMorgan Chase acquiring a leading travel and loyalty business

JPMorgan Chase & Co. (NYSE: JPM) and cxLoyalty Group Holdings today announced they have signed an agreement for ...

Economist advocates credit guarantees for business actors in 2021

Economist Chatib Basri has spoken in favor of credit guarantees to businesses in 2021 to support economic growth, which ...

LPS urges banks to lower lending rate

The Deposit Insurance Corporation (LPS) has urged banks to slash lending rates following the lowering of the guarantee ...

QED Investors expands into India market with new hire to lead Southeast Asian investments

QED Investors, a leading boutique venture capital firm focused on investing in early-stage, disruptive financial ...

Indonesia's central bank cuts benchmark interest rate to 3.75 percent

Bank Indonesia (BI) decided to slash its benchmark interest rate, or BI seven-day reverse repo rate, by 25 basis points ...

Fintech sector expected to cross US$100 bln by 2025: minister

Last year, Google and Temasek predicted that Indonesia's financial technology (fintech) industry will see the ...

Minister Prabowo strives for tourism revival in Nias Pesisir

Marine Affairs and Fisheries Minister Edhy Prabowo is firmly resolved to breathe new life into the tourism sector in ...

New credit growth increases in 2020 third quarter: BI survey

The Bank Indonesia (BI) survey indicated increased new credit growth in the 2020-third quarter, with the weighted net ...

BI leaves key rate unchanged again amid low inflation outlook

Bank Indonesia has left its Seven-Day Reverse Repo Rate (BI7DRRR) unchanged at 4 percent for the third consecutive ...

Government to issue ORI018 series bonds at 5.7-percent coupon rate

The Indonesian government is set to soon issue electronic retail state bonds series ORI018 (e-SBNI) at a coupon rate of ...