Indonesia
Asian Banking and Finance Forum 2023 arrives in Jakarta in May
Asian Banking and Finance Forum 2023 arrives in Jakarta in May
Attendees will gain firsthand insights into the trends and developments in Asia’s banking and insurance sector.
DANA bridges the financial divide in Indonesia
DANA's digital wallet empowers the unbanked and underbanked situations in Indonesia and now has 135 million users.
OCBC NISP allocates $87.5m of 2022 net profits as cash dividend
The bank’s annual general meeting of shareholders saw changes made to its board of directors.
Indonesia’s Bank BTN names Nixon LP Napitupulu as CEO
They have also decided that 20% of net profits for 2022 will be used as dividends.
Indonesia’s Danamon to appoint Daisuke Ejima as president director
This plan will be submitted after obtaining approval from the Company's Annual General Meeting of Shareholders (RUPST) on 31 March.
Indonesia’s Bank Danamon expected to hit $245m profits in 2023: analyst
Synergy with parent company MUFG will help grow its corporate and SME loans.
KASIKORNBANK buys controlling stake at Bank Maspion for $186.5m
It now owns 67.5% of the Indonesian bank.
Bank Mandiri reveals its top strategy
Thanks to this strategy, Bank Mandiri’s net profit grew 61.7% YoY in the first semester of 2022, SVP Thomas Wahyudi says.
Malaysia, Indonesia sukuk markets to slow in near-term: Fitch
Issuance in core markets, which include the two countries, fell 14.4% in Q3.
CIMB Niaga steps up its game amidst the digital banking boom trend through its super app OCTO Mobile
Now, OCTO Mobile by CIMB Niaga serves 2.7 million users and sees a 130.5% increase in financial transactions on an annual basis.
Indonesia’s finance and banking sector second most cyber-attacked industry
Financial institutions were attacked triple the average global every week.
Indonesia’s fintech investments bucks global trend, hits record high in H1
Payment gateway Xendit raised $300m in its Series D funding to help push up the numbers.
DBS names Lim Chu Chong as president director of DBS Indonesia
Lim is currently the COO of DBS’ Institutional Banking Group.
Home Credit Indonesia closes $10m ESG-linked loan with Deutsche Bank
The loan will be used to increase financial inclusion and literacy.
Indonesia’s LINE Bank launch two new digital loans
The loans feature flexible repayment options.
BRImo superapp offers digital account opening for Bank Raya
The gig economy-focused digital bank now has over 700,000 users.
CIMB Niaga, JCB Indonesia launch digital credit card
The card offers 10% cash back for online transactions through OCTO Mobile.
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