Astra Shares Soar as Permata Divestment Set to Bring In $1.3b in 2020

... largest of Thailand's commercial banks, announced its plan to acquire ...

Bank Central Asia Takes Over Local Unit of Dutch Rabobank

... Bank Indonesia has been encouraging banks operating in Indonesia to consolidate ... of the reasons why Indonesian banks are the most inefficient ... . Indonesia now requires foreign banks that want to acquire local ... banks to also acquire a ...

Local Gov’t Offers $1,000 Year Long Pass to Komodo Island 

... system will be connected to banks for easy payment by foreign ...

Authorities Blame IT Vendor After Jakarta Bank Loses Rp 50b in ATM Fraud

... ,” he said. "We encourage all banks to get verification by the ...

P2P Lending Eases SME's Most Pressing Challenge of Capital

... the total loans issued by banks were granted due to SMEs ... instance, collateral requirement at traditional banks has been the biggest hurdle ...

Tokopedia Dips Toes Into $1.8b Umrah Market

... . Tokopedia Salam collaborates with sharia banks, donation agencies and several local ...

AsiaCollect Transforms Debt Collection Business With AI

... including the country's top banks, its executive told the Jakarta ... out of the top 10 banks in Indonesia are working with ...

Cut Your Interests, Jokowi Tells Lenders

... "Jokowi" Widodo has asked Indonesian banks to cut their lending rates ... BI rate has dropped; the banks' [interest rates] have not. ... six-month lag before Indonesian banks cut their rates in ... BRI President Director Sunarso said banks would need time to cut ...

BCA Completes $70m Bank Royal Acquisition

... I bank category, that is banks with less than Rp 1 ... into a handful of big banks to improve efficiency. Mitsubishi UFJ ...

Chinese Tech Firms Gear Up for Indonesian Trade Show

... chargers, better known as power banks. He said the company already ...