Indonesia

Bank DKI to get $47-M capital infusion

Bank DKI will receive a Rp 450 billion ($47 million) capital injection from the city of Jakarta.

Foreign banks protest proposed Indonesian banking law

Bill also limits investors to a controlling share in only one bank.

Here's how Bank BJB can raise IDR400b in capital

Lowering the divident payout ratio is an option.

Bank Muamalat to expand branch network

Will sell sukuk Islamic bonds to finance expansion.

Boediono prods banks to lend more to young businessmen

Indonesian Vice President Boediono said entrepreneurs have a crucial role in development.

Record M&As among Southeast Asian banks expected this year

Over US$20 billion M&As in the pipeline with more coming.

Malaysia's Bank Rakyat expects 2012 profit, zakat of RM2-B

Bank Rakyat is on track to achieve its 2012 pre-tax profit and zakat target of RM2 billion.

Three banks want Rabobank's Indonesian unit

Industrial and Commercial Bank of China seeks strong presence in Indonesia.

Mandiri gets majority stake in new Indonesian lender

A new lender will be created by two Indonesian companies this year.

Indonesia's Bank Mutiara to focus on low-cost funds

Bank Mutiara will increase the proportion of its low-cost funds to total third-party funds.

Sukoriyanto appointed Mutiara bank chief

Shareholders of Mutiara Bank agreed to appoint Sukoriyanto Saputro as president director.

Indonesian credit card issuers brace for tougher competition

Credit cards in circulation in Indonesia is expected to grow by around 17 million this year.

Japan's Mitsubishi hopes to acquire Indonesian, Philippine banks

Japan's BTMU is looking to offset its stagnant domestic market by acquiring an Indonesian bank.

Maryono is new BTN President

Maryono will replace Iqbal Latanro as Bank Tabungan Negara president director for the period of 2012-2017.

Banks lead Indonesian industries in 2012 net income

There were 141 state-controlled firms in Indonesia that booked a combined 11 percent rise in net income this year.