Indonesia
Bank Central Asia starts offering BlackBerry banking service
The lender taps Indonesia’s 3mn BlackBerry users and 4.7mn of its mobile banking customers.
Bank Central Asia starts offering BlackBerry banking service
The lender taps Indonesia’s 3mn BlackBerry users and 4.7mn of its mobile banking customers.
Bank Mandiri strikes deal to join BCA ATM network
The MOU seen as a positive development toward broader and more efficient banking services in Indonesia.
Indonesian lenders among the most resilient
A Deutsche Bank report said the country’s banks can weather recessionary risks and severe shocks to the international banking system.
Bank Mandiri to introduce banking to students
The part of the lender’s school banking program is putting up miniature banks in target 68 schools.
Bank Danamon earns $564mn in rights issue
Foreign institutions constitute the majority of buyers of the rights whose proceeds are to be used for the lender’s expansion.
Indonesia to oblige forex savings in local banks
Bank Indonesia will issue a regulation obliging the savings of foreign exchange from exports and foreign loans in doemstic banks, according to Jakarta Post.
Bank Indonesia to keep policy rate at 6.75% till year-end
DBS expects monetary tightening to kick-start again in Q1 2012.
Bank Rakyat Indonesia sees a 30% surge in 9-month profit
Higher lending and fee-based income growth attributed to earnings rise.
Bank Mandiri adopts new Visa feature in credit cards
'Verified by Visa' feature combines e-commerce platform and security.
Maybank hopes Indonesia won’t change policy on foreign shareholding in banks
Maybank hopes Indonesian ruling on bank shareholding will not be detrimental to foreign investors.
Bank Danamon plans offering 1.16bn rights shares
The rights issue’s proceeds targeted to increase lending in small-to-middle sized businesses and the automotive sector.
Bank Mandiri gets nod to launch China operations
In Shanghai, the lender will provide corporate fund collection, corporate loan distribution, export import trade transactions and remittance services.
Banks in Southeast Asia gears up for integration
Bank Indonesia and Bank Negara Malaysia lead ASEAN banking integration by 2020.
Indonesia central bank: Curbing foreign investment not our intention
Bank Indonesia’s bank ownership limit aimed to foster good governance in banking after fraud cases surfaced.
Indonesia bank loans soar by 58%
Growing demand from companies and low borrowing costs in Indonesia boosted loan growth.
Indonesia central bank bans M&As in domestic lenders
The country’s banking industry has been thrown into confusion since Bank Indonesia mulls new limits on bank ownership.
DBS appoints Tam Thye Hung as Head of Global Transaction Services in Idonesia
Tam was previously the Senior Vice President of DBS’ GTS Regional Cash Sales team.
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