Indonesia
Indonesia bolsters safeguards vs money laundering
Indonesia has required dealers of vehicles, real estate, and precious metals to report single day transactions totalling 500 million rupiah and above.
Indonesia bolsters safeguards vs money laundering
Indonesia has required dealers of vehicles, real estate, and precious metals to report single day transactions totalling 500 million rupiah and above.
Maybank to sell stake in Bank Internasional Indonesia
Maybank is seeking investors for 20% of BII stake as Indonesian regulator ordered to sell down its stake in BII to 80%.
Bank Mandiri and BCA start ATM interconnection
Mandiri’s alliance with Prima made the interconnection possible.
Mitsubishi UFJ’s growth plan focuses on China, Indonesia and Australia
The bank will expand its retail lending, private banking and asset management businesses, with a special focus on China, India, Indonesia and Australia.
Indonesian banks asked to slash interest rates to fuel growth
Indonesia's commercial banks were told to cut interest rates on loans to less than 10 percent to fuel economic growth.
What you need to know about Indonesian banks
Fitch expects lower but still healthy loan growth in 2012 - but how healthy is it?
Garuda, Bank BPD Yogyakarta cooperate on ticket sales
Garuda Indonesia and Bank BPD Yogyakarta have signed an MoU for ticket purchases.
Bank Islam to expand in Indonesia, Bangladesh
Bank Islam is eyeing opportunities for expansion in Indonesia and Bangladesh.
Operating costs pulls down Citibank Indonesia's profit
Citibank Indonesia saw its profits from January to September go down by 27 percent.
Indonesia’s central bank mulls establishing e-money watchdog
Bank Indonesia raises concern on regulating e-money transactions for consumer safety.
Bank Indonesia sees need for e-money regulations
Bank Indonesia is calling for regulators to monitor purchases and banking transcations made through cellphones.
Bank Rakyat eyes more acquisitions
Bank Rakyat Indonesia's local expansion plans include buying into a local brokerage company or acquiring a bank.
Morgan Stanley to put up Indonesian brokerage
Morgan Stanley plans to set up a brokerage business in Indonesia in the middle of next year to capitalize on its accelerating economy.
Bank Islam eyes Indonesian expansion
Bank Islam Malaysia Bhd plans to expand its operations in Indonesia and other countries where there are a majority of Muslims.
Citi appoints Sanjeev Jain as Head of Global Transaction Services for Indonesia
Jain was previously GTS’s Regional Head of Public Sector, Asia Pacific.
Indonesia's Islamic banking assets grow by 4 %
Indonesia's Islamic banking sector beefed up its assets by 46.55 percent to 126 trillion rupiah or some 14.002 billion U.S. dollars year on year in September.
Indonesian banks asked to trim lending rate
Indonesian banks were asked to decrease their interest rate in order to help spur economic growth.
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