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Banking & Finance

Displaying 1 - 25 of 392 Documents

June 24, 2020

Jakarta Post - June 24, 2020

Adrian Wail Akhlas, Jakarta – The government announced on Wednesday that it would place Rp 30 trillion (US$2.12 billion) in state-owned banks, associated under the auspices of Himbara,

June 19, 2020

Jakarta Post - June 19, 2020

Riska Rahman, Jakarta – The Cooperatives and Small and Medium Enterprises Ministry has suspended the licensing of new savings and loan cooperatives for three months following an appare

June 18, 2020

Tempo - June 18, 2020

Francisca Christy Rosana, Jakarta – Deputy Minister of Finance Suahasil Nazara said that Indonesia was still paying debts inherited from the 1997-1998 financial crisis.

Jakarta Post - June 18, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's debt will swell significantly next year as the government increases spending to help the country recover from the COVID-19 pandemic, an offici

June 15, 2020

Jakarta Post - June 15, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt growth accelerated in April, driven mainly by the government's issuance of sovereign debt papers (SBN) and global bonds to cover

June 12, 2020

Jakarta Post - June 12, 2020

Jakarta – Indonesian stocks plunged deep in the red on Friday morning following a market rout seen by Wall Street in Thursday's session as investors grew wary of a second wave of the c

June 8, 2020

Jakarta Post - June 8, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves rose to US$130.5 billion in May thanks to the government's new debt issuance and increased forex levels stor

Jakarta Globe - June 8, 2020

Triyan Pangastuti, Jakarta – Indonesia's foreign exchange reserves swelled to $130.5 billion in May, up from $127.9 billion in April, as the government took out more loans from foreign

June 5, 2020

Jakarta Post - June 5, 2020

Riska Rahman, Jakarta – Foreign investors are starting to put their money back into Indonesian assets as countries around the world begin to ease their COVID-19 restrictions, spurring

Jakarta Post - June 5, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) expects the rupiah to strengthen even after the currency returned to levels seen before the COVID-19 crisis, as foreign investors make

June 4, 2020

Jakarta Post - June 4, 2020

Riska Rahman, Jakarta – The Indonesian banking industry will face tougher challenges throughout the rest of the year following the sector's slumping performance in the first quarter as

June 2, 2020

Jakarta Post - June 2, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia's (BI) policy measures and a narrowing current account deficit (CAD) will likely support the rupiah amid unfavorable financial market condi

May 29, 2020

Jakarta Post - May 29, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the currency and financial system, projecting

May 20, 2020

Jakarta Post - May 20, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's current account deficit narrowed in the first quarter of this year as imports fell and the deficit in services dwindled amid the coronavirus p

May 19, 2020

Jakarta Globe - May 19, 2020

Diana Mariska, Jakarta – Indonesia's central bank has bought $1.6 billion worth of government bonds in the primary market, underlining its commitment to remain active in it as the coun

May 18, 2020

Jakarta Post - May 18, 2020

Yunindita Prasidya, Jakarta – Individual investors are showing growing appetite for government bonds (SBN) because the low-risk securities provide promising returns amid uncertain mark

Jakarta Post - May 18, 2020

Riska Rahman, Jakarta – Indonesian companies have preferred to raise capital from the debt market in the first four months of this year as banks experience tight liquidity, according t

Jakarta Post - May 18, 2020

Yunindita Prasidya, Jakarta – State-owned banks have restructured loans worth up to Rp 223.16 trillion (US$15 billion) to over 1.7 million borrowers as part of the loan-relaxation prog

May 15, 2020

Jakarta Post - May 15, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt growth slowed down in the first quarter as foreign investors sold off Indonesian assets over fears of the COVID-19 pandemic, Bank

May 13, 2020

Bloomberg - May 13, 2020

Tassia Sipahutar, Jakarta – Indonesian borrowers are selling a record amount of dollar bonds, as the country's strong fiscal track record in recent years fuels optimism on its ability

May 12, 2020

Bloomberg - May 12, 2020

Shuli Ren – Since surviving an IMF bailout and violent change of government during the Asian financial crisis, Indonesia has shown an uncanny resilience in bouncing back from global se

Jakarta Post - May 12, 2020

Adrian Wail Akhlas, Jakarta – The liquidity of Indonesian banks will remain in check despite economic risks brought by the COVID-19 pandemic and loan restructuring program that defers

May 11, 2020

Jakarta Post - May 11, 2020

Adrian Wail Akhlas, Jakarta – The COVID-19 pandemic is threatening the stability of Indonesia's financial system, as it causes a supply-demand shock and weakens the country's financial

Jakarta Post - May 11, 2020

Yunindita Prasidya, Jakarta – Indonesian rating agency Pemeringkat Efek Indonesia (Pefindo) has revised the outlooks of several financial institutions and downgraded the rating of asse