#state owned banks

Collection of state owned banks news, found 166 news.

Increased credit for MSMEs helps expedite economic recovery: Economist

Increasing portion of bank lending for Micro, Small and Medium Enterprises (MSMEs) could accelerate economic recovery ...

Low demand causal to low lending: Indef Economist

Senior economist at the Institute for Development of Economics and Finance (Indef) Fadhil Hasan attributed limited ...

Western Union expands in Indonesia with Bank Rakyat Indonesia

Western Union, a global leader in cross-border, cross-currency money movement and payments, and Bank Rakyat Indonesia ...

BI urges banks to digitize quickly

Bank Indonesia (BI) Governor Perry Warjiyo has urged banks to digitize quickly, saying that currently, there are around ...

Government tightens supervision of social aid distribution

The government has tightened the supervision of social assistance in 2021, both cash and non-cash, to avoid ...

Cash assistance must be distributed in full: President

Indonesian President Joko Widodo has asked ministries and regional heads to ensure that all cash assistance is received ...

Jokowi confirms stage-wise distribution of 2021 cash assistance

President Joko Widodo (Jokowi) affirmed that the community will be able to avail the benefits of the cash assistance ...

Government readies special directorate on halal: VP

Vice President Ma'ruf Amin spoke of the government having prepared a special directorate on halal in ministries and ...

Sharia banks' merger to catalyze development of sharia economy: OJK

The envisioned merger of three sharia banks would drive development of the banking industry and sharia economy, with ...

Government disburses Rp5.84 trillion in wage subsidy in two tranches

The Indonesian government has so far distributed Rp5.84 trillion in wage subsidy, in two tranches, to 4.87 million ...

Hope wage subsidy increases people's purchasing power: Jokowi

President Joko Widodo has said he hopes the government's wage subsidy program for low-income workers increases ...

Govt mulls raising KUR ceiling to Rp198.73 trillion

The government is considering raising the ceiling for the microcredit program (KUR) after two banks proposed an ...

Monthly 15-kg rice assistance allotted to 10 million PKH beneficiaries

Some 10 million beneficiaries of the Family Hope Program (PKH) will receive the government's social aid of 15 ...

Economic recovery scenario to remain in place until 2021: minister

Coordinating Minister for Economic Affairs, Airlangga Hartarto, has said the economic recovery scenario prepared by the ...

Govt deposits Rp11.5 trillion funding in 7 Regional Development Banks

The government deposited funds worth Rp11.5 trillion (US$792.6 million) in seven Regional Development Banks (BPD) in ...