Indonesia

Bank Mandiri to increase corporate loans by 18%

Loans are for the infrastructure, consumer goods and plantation sectors.

Bank Mandiri sees 50% increase in Islamic banking profits

The opening of more branches throughout Indonesia will help attain this goal.

Singapore driving Indonesian banking expansion

Singapore has long been considered the epicentre of wealth management and financial services for Asia, and to a greater extent the globe. However an up and coming South East Asian country is quickly catching up to the diminutively sized island nation to become a financial powerhouse in the region…

Bank Rakyat Indonesia's growth in micro loans feared to slow

Average loan yields in micro loans have dropped to 20% in 2012.

Bank Mandiri's branch network now 1.8 times the size of BCA's

Branch network increased by 1.6 times between 2009 and 2012.

Indonesia to allow state lenders to own multiple banks

Indonesia may allow state banks to have majority ownership of more than one lender.