Indonesia

Indonesia gears to set up mega-lender to oversee 40% of banking assets

The four state banks will be put under the holding company, PT Danareska.

Indonesia gears to set up mega-lender to oversee 40% of banking assets

The four state banks will be put under the holding company, PT Danareska.

Indonesia urged to cut bank network to 70 lenders

The bank association believes that this is the ideal number to foster competition.

WeChat and AliPay still no-go in Indonesia

Bank Cental Asia and CIMB Niaga are still completing the necessary documents.

Indonesian banks refuse to pass rate hike burden to consumers

Borrowing costs remain low as lenders hope to stoke consumption.

Bank Negara Indonesia profit inches up 1% to $250m in Q3

Low interest expenses, which dropped 11%, boosted earnings.

How Bank Muamalat Indonesia used smart mapping technology to optimise its branch and ATM network

The bank enhanced 64% of its ATM's cost and acquired 10% more customers with 40% less branches.

Is Indonesia's bloated bank network prime for foreign takeover?

Mergers would be welcome in light of weakening rupiah.

Indonesia's big 4 banks hold firm against tumbling rupiah

Their low dollar balance sheet cushions the blow.

Indonesian banks turn to EDCs to weather crippling rate hikes

Bank Mandiri is boosting transactions through electronic data captures.

Indonesia joins Vietnam in slamming non-compliant Chinese e-wallets

E-wallets need to first tie up with local banks before operating.

Indonesia moves forward with plan to standardise QR code payments

The central bank has already finished the technical-heavy stage.

Do banks have what it takes to be at the centre of digital disruption in Indonesia?

From addressing specific needs to developing new business models, banks are getting a digital makeover.

Why are Indonesian banks thinking twice about speeding up digitalisation?

Banks should strategise solutions and create lasting value propositions amidst the threat of cyber attacks.

Indonesia's mid-sized banks struggle against digital dominance of state lenders

Top players are accounting for the lion's share of e-banking fees.

BTPN Bank moves forward with digital transformation programme

It has tapped on Diasoft’s FLEXTRA Suite solution.

How are Indonesian banks faring after the bad loan surge of 2016?

Nonperforming loans have spiked after the 2014-2016 commodities downturn.