Indonesia
Bank Rakyat Indonesia issues new green bonds worth IDR6t
This is in line with the BRI’s commitment to sustainable finance.
Bank Rakyat Indonesia issues new green bonds worth IDR6t
This is in line with the BRI’s commitment to sustainable finance.
JCB, Indonesia’s BNI launch credit card with focus on dining
Cardholders will get a $974 cashback if they spend $9,750 across a certain period.
MUFG closes $404m green loans to build two data centres in Jakarta
This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.
Bank Rakyat Indonesia’s assets leaps 9.2% YoY in Q2
It boosted its consolidated earnings to IDR23.56t.
Advisory takes centre stage in Danamon's next-Generation Branches
Danamon’s next-generation branches reshape banking by performing more advisory functions and improving customer experiences.
Double digit profit, loan growth in the horizon for Indonesia’s BCA
Net profit will rise by 21% year-on-year.
SkorLife takes $4m seed funding to empower Indonesians with financial literacy
This fintech startup plans to leverage technology to lift the Indonesian market’s potential for better financing.
Fasset superapp aims to use digital assets to drive financial inclusion
The digital asset company plans to eventually offer remittance, lending, and borrowing.
MUFG buying 80.6% shares in Indonesia’s PT Mandala Multifinance Tbk for $468m
MUFG will hold 70.6% of shares whilst PT Adira Dinamika Multi Finance Tbk will hold 10%.
3 principles guide Bank Aladin Syariah in tapping Indonesia’s customer segments
Within a year, the digital sharia bank got past low penetration to record 1.7 million customers and now targets multiple times growth by end-2023.
Mastercard links with Indonesian Telecom firm for digital payments
Mastercard and Indosat Ooredoo Hutchison (Indosat) have formed a strategic partnership to enhance Indonesia's digital payment landscape.
Indonesian fintech SkorLife raises $4m in seed funding
The funding aims to promote responsible borrowing and fair credit practices in Indonesia.
Citi Indonesia’s net income climbs 52% to $38.29m in Q1
Its Institutional Clients Group registered a 2.5% loan growth during the quarter.
Digitalisation and social media distribution: Catalysts for change in Indonesia’s insurance industry
Leaders and experts in insurance and marketing roll out tech-based strategies to unlock growth potential in Indonesia’s untapped market at Jakarta Forum.
Indonesian banks must prioritize digitalisation, boost financial inclusion — experts
Banking leaders at Asian Business & Finance’s Jakarta forum push digital technology and innovation to create seamless and personalised services.
Indonesia, Laos central banks ink cooperative agreement
The partnership was signed last 2 May.
Indonesia, Malaysia launch cross-border QR payment system commercially
The project is now open to the public after more than a year since its pilot phase.
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OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards
![OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards]()
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Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
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