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Banking & Finance

Displaying 451 - 500 of 852 Documents

July 15, 2020

Jakarta Post - July 15, 2020

Riska Rahman, CMS – The recent stock market crash may have spooked foreign investors out of Indonesia, but domestic investors have swarmed and dominated transactions in the country's e

July 13, 2020

Jakarta Post - July 13, 2020

Riska Rahman, Jakarta – The government has issued a regulation that gives the Indonesian Deposit Insurance Corporation (LPS) more room to manage its own liquidity and to prevent banks

July 7, 2020

Jakarta Post - July 7, 2020

Adrian Wail Akhlas, Jakarta – The government and Bank Indonesia (BI) agreed to a burden-sharing scheme worth Rp 574.59 trillion (US$39.7 billion) on Monday to finance the nation's COVI

Jakarta Post - July 7, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves increased to US$131.7 billion in June following the government's move to issue global sukuk (sharia complian

July 6, 2020

Jakarta Post - July 6, 2020

Riska Rahman and Marchio Irfan Gorbiano, Jakarta – Transferring the Financial Services Authority's (OJK) supervision over banking back to Bank Indonesia (BI) could cause investors to l

July 3, 2020

Jakarta Post - July 3, 2020

Adrian Wail Akhlas, Jakarta – Indonesia is running out of time to rescue its businesses from the impact of the coronavirus pandemic, and banks should immediately ramp up promised worki

July 2, 2020

Jakarta Post - July 2, 2020

Riska Rahman, Jakarta – The State-Owned Banks Association (Himbara) has expressed optimism that its bank members can disburse up to Rp 90 trillion (US$6.32 billion) in loans to help sm

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 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

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

June 5, 2020

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

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

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 – 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

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

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

May 8, 2020

Jakarta Post - May 8, 2020

Adrian Wail Akhlas, Jakarta – The Finance Ministry has decided to cancel its plan to issue "pandemic bonds", which were initially prepared as a part of the country's efforts to fund th

Jakarta Post - May 8, 2020

Adrian Wail Akhlas, Jakarta – Foreign exchange (forex) reserves surged to US$127.9 billion in April on the back of the government's issuance of US dollar-denominated bonds in the same

May 5, 2020

Jakarta Post - May 5, 2020

Riska Rahman and Adrian Wail Akhlas, Jakarta – The government's planned relief program for borrowers affected by COVID-19 will hurt the liquidity of state-owned banks if they are not g

April 30, 2020

Jakarta Post - April 30, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has bought up to Rp 173.1 trillion (US$11.24 billion) worth of government bonds from primary and secondary markets in a bid to stabili

Bloomberg - April 30, 2020

Fathiya Dahrul – Indonesian banks are looking to the government for additional stimulus measures to cope with a growing pile up of bad loans, as the coronavirus pandemic batters the ec

Jakarta Post - April 30, 2020

Riska Rahman, Jakarta – State-owned banks have restructured more than Rp 120.86 trillion (US$8.05 billion) in loans to over 832,000 borrowers in an effort to curb the impact of the COV

Jakarta Post - April 30, 2020

Adrian Wail Akhlas, Jakarta – The rupiah has reached its strongest level since mid-March, appreciating nearly 3 percent on Thursday against the United States dollar amid hopes that a v

April 29, 2020

Jakarta Post - April 29, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has injected Rp 503.8 trillion (US$32.7 billion) into banks and the debt market to stabilize the rupiah and help support the governmen

April 28, 2020

Jakarta Post - April 28, 2020

Adrian Wail Akhlas, Jakarta – Indonesia has raised another Rp 62.62 trillion (US$4.05 billion) from government debt papers (SUN) and is in talks with several development banks to raise

April 27, 2020

Jakarta Post - April 27, 2020

Riska Rahman, Jakarta – The Indonesia Stock Exchange (IDX) has set lower targets on daily transaction values and newly listed companies this year while relying more on domestic investo

April 23, 2020

Jakarta Post - April 23, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) directly purchased Rp 1.7 trillion (US$108 million) worth of sharia sovereign bonds during an auction held by the government on Tuesda

April 22, 2020

Jakarta Post - April 22, 2020

Ghina Ghaliya and Marchio Irfan Gorbiano, Jakarta – The government has announced that it is to provide interest subsidies for small borrowers in banks and finance companies to help sma

April 21, 2020

April 20, 2020

Jakarta Post - April 20, 2020

Riska Rahman, Jakarta – Slowing loan demand in the first quarter of this year is expected to continue up until the end of 2020 and can potentially drag down Indonesia's economic growth

April 17, 2020

Jakarta Globe - April 17, 2020

Triyan Pangastuti, Lona Olavia, Jakarta – The rupiah has appreciated for the last few days along with foreign capital inflow to government bonds, reflecting a return of investors' conf

Jakarta Post - April 17, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) is requiring banks to buy government bonds after cutting banks' reserve ratio further, providing the financial system with Rp 102 tril

April 15, 2020

Jakarta Post - April 15, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt grew slower in February as foreign investors reduced holdings of Indonesian assets amid a risk-off environment driven by the COVI

April 13, 2020

Jakarta Post - April 13, 2020

Riska Rahman, Jakarta – The spread of COVID-19 is expected to hit Indonesian banks' performance this year, but analysts remain hopeful that the industry will still be resilient enough