Indonesia

Indonesia’s financial sector will get a $300 million loan from the Asian Development Bank to improve the operations of the local regulator, deepen capital markets and expand non-bank financing.

Bank International Indonesia Finance Center expressed confidence that it will meet its target to boost outstanding loans to Rp 9 trillion ($943 million) next year.

Bank Negara Indonesia's Islamic bank says it is confident of meeting its target of issuing $830 million or Rp 8 trillion in loans this year.

Bank Indonesia suggested that Bank Syariah Mandiri and Bank Muamalat bide time before floating their shares on the bourse.

Mandiri credit card holders will be able to buy three Merpati tickets for the price of two at the airline’s sales office in a promotion that will run from Sept. 19, 2012 until Sept. 18, 2013.

Bank Mandiri is planning an initial public offering next year for its Islamic unit, Bank Syariah Mandiri, according to its commercial director, Sunarso.

A number of countries in Africa, Asia, the Middle East and Latin America have ‘come in from the cold’ in recent years as a result of a pent-up desire for political and societal renewal. A major issue for the new rulers running countries that are now much more open to the outside world is to consider how best to adapt banks and financial firms to systemic political change.

PT Bank Tabungan Negara inked a deal to improve Telkom’s Delima remittance business.

Bank BJB has signed an agreement with PT iAsia Sakatama, a Malaysian remittance company, to cooperate in remittance business.

Bank Indonesia warned commercial banks not to use non-collateral loans to finance customers who were unable to pay the required downpayment.

Bank Negara Indonesia to get more Japanese companies to deposit their funds with them following a partnership agreement with Joyo Bank.

There'll be 894m users by 2015, and emerging markets better be prepared.

In the last few months, overseas analysts and bankers were echoing that Indonesia is losing its sparks as favorite investment destination by investors due to new tighter regulations for mainly the mining and banking industry.

Guess which country could be the key player for Islamic banking?

riven by rising loan demand, Bank Tabungan Negara's profit jumped 63 percent in the first half of the year.

BNI is looking to partner with 46 Japanese regional  operating in Indonesia within the year.