Indonesia

Share of impaired loans were “modestly lower” compared to 2022.

As of November 2023, BTN Syariah’s assets have reached IDR 49 trillion.

BTPN will earmark deposits made under this for financing in the ESG field.

The weighted net balance is at 96.1% in Q4 2023, but is only expected to be 44.6% in Q1.

This was thanks to a rise in demand from both corporates and households.

The bank plans to offload $262m of bad loans in 2024.

There were only 2.9 million users in 2019, in comparison.

Seed-stage and early-stage funding plummeted during the year.

It fell 0.5% quarter-on-quarter to $252.6.

This is part of the two countries’ agreement to promote bilateral transactions in local currency.

The emblematic change carries OCBC Group’s ‘One Brand, One Group Unity’ strategy across markets in Singapore, Malaysia, Hong Kong, Macau, and mainland China.

The sector's profitability has surpassed pre-pandemic levels to reach 2.7%.

Its ESG-based bank financing, as reflected in sales and asset under management, proves to be an IDR1.8t (US$117m) success.

Apart from speed and convenience, DBS stays ahead with exceptional personalisation, open banking, and enhanced security.

This marks Citi’s ninth and final full consumer divestiture in Asia.

PT Bank OCBC bought almost 100% shares in PT Bank Commonwealth.