BI Bets on Record Low Rate, Zero Down Payment to Woo Consumers to Spend

... national economic recovery momentum," Bank Indonesia Governor Perry Warjiyo ... month. "Moving forward, Bank Indonesia will continue to direct ... director of state-controlled Bank Rakyat Indonesia (BRI), ... household consumtion influenced the loan demand the most, he ...

Indonesia's Sovereign Wealth Fund Unveils Initial Strategy to Attract Investors

... professionalism performance in Indonesia," the Bank Permata president director said. "We ... looking for capital funds, not loan funds. If possible, funds that ...

Gov't Moves to Address Lingering Demand Weakness as Trade Data Underwhelm

... of Indonesia's largest bank by asset Bank Rakyat Indonesia (BRI), ... in December. Data from Bank Indonesia, the country's ... central bank, showed consumer confidence index ... loans to regions and regional loan subsidies, labor-intensive government ...

BCA Ends Up With the Highest Profit Among Indonesian Lenders in Pandemic Year

... year earlier, as its loan contracted 2.5 percent to ... the pandemic disruptions. State-controlled Bank Rakyat Indonesia (BRI), the ... Joko "Jokowi" Widodo and Bank Indonesia, the country's central ... prudent, and our target is loan [expansion]," Jahja said. BCA ...

BRI, Mandiri Report Over $1.2b Net Income Each in Pandemic-Hit Year

... Indonesia, or BRI, and Bank Mandiri, two of the ... largest lender by assets. Bank Mandiri Mandiri announced on Thursday ... ' performance. The lender's loan distribution decreased 1.6 percent ... trillion, while the wholesale loan segment saw disbursement dropped 3 ...

BI Will Continue Its Gov't Bond Buying Program Through 2021

... handling. Before the regulation, Bank Indonesia was only allowed to ... exchange stabilization. The central bank also cut its benchmark interest ... , the president director of Bank Central Asia (BCA), Indonesia ... this year, and banks' loan disbursement would grow by 9 ...

Bank Indonesia Eyes 9% Loan Growth in 2021, Pledges to Keep Interest Low

... country's central bank, sees bank lending to expand by ... . Those indicators encouraged Bank Indonesia to cut its ... Perry said. Third, Bank Indonesia would continue purchasing government ... that credit expansion accelerates. Bank Indonesia has identified six ...

Disrupting the Investment Climate -- One Spice at a Time

... this event. The bureaucracy and loan approval process in state-owned ... banker at DBS and Sinarmas Bank -- they shared the same passion ...

FKS Multi Agro Secures $234m Syndicated Loans for Refinancing, Expansion

... trillion loan facilities from Coöperatieve Rabobank, BNP Paribas Singapore, and Bank ... BNP Paribas Indonesia, Bank Central Asia, Bank CIMB Niaga, and Bank Shinhan Indonesia. Bank ... affiliated companies can increase the loan facilities ceiling by another $ ...

Gov't Projects Public Debt at 37% of GDP in 2020

... in healthcare, unemployment benefits, and loan subsidies. “In 2020 the deficit ... Sumual, the chief economist at Bank Central Asia, said Indonesia benefited ...