#payment system

Collection of payment system news, found 315 news.

Number of bank account holders increased in 2012

Indonesia`s Central Bank`s Director of Payment Systems and Accounting, Boedi Armanto, said the number of bank account ...

Rupiah currency must be redenominated: Minister

Finance Minister Agus Martowardojo said that the rupiah denomination had become inefficient now so that it needed ...

Banking transactions fall sharply: BI

Bank Indonesia (BI/the central bank) noted that banking transactions fell sharply during the flooding in Jakarta on ...

Additional subsidized fuel to be included in 2013 budget

Deputy Minister for Energy and Mineral Resources Rudi Rubiandini said additional subsidized fuel of 1.2 million ...

BJB signs agreement with Malaysian remittance company

The Bandung-based PT Bank Pembangunan Daerah Jabar Banten (Bank BJB) has signed an agreement with PT iAsia Sakatama, ...

ANZ Innovyz START Inaugural Class Graduates

-     Second program announced for 2013      The inaugural class of the 2012 ...

Indonesian govts can save up to 75 percent

A World Bank study on General Guidelines for the Development of Government Payment Programs stated governments could ...

Purchase of six Sukhoi jet fighters still under negotiation

The Defense Ministry`s plan to buy six Sukhoi Su-30MK2 jet fighters from Russia is still under negotiation, the ...

RI economy to face three challenges in 2012: BI

Indonesia should take steps to anticipate three crucial conditions and challenges the national economy will meet in ...

Banks expected to lower lending rates

Bank Indonesia (BI/the central bank) has lowered its benchmark rate in an effort to encourage banks to cut their ...

Capital spending reaches 26.9 pct of allocations: minister

Government capital spending in the year to early September reached 26.7 percent of Rp140.95 trillion set under the ...

Cash demand to rise to Rp61.36 trillion during Ramadhan

Cash demand is expected to rise up to Rp61.36 trillion or by Rp6.57 trillion during the coming Islamic fasting month ...

PLN Puruk Cahu to have more diesel power plants

Stated-owned electricity company (PT PLN) Puruk Cahu, Murung Raya district, Central Kalimantan will have a number of ...

Central bank asks banks to improve services to customers

Bank Indonesia (central bank) has asked banking industry to apply a good strategy and increase their response in ...

Credit card issuance to be based on prudent credits: BI

Bank Indonesia is still considering measures on improving the policy for credit card issuance by banks with the ...