Indonesia

Indonesian banks to face persistent headwinds in 2016: Fitch

Second-tier lenders are in a more vulnerable position.

Citi appointed global custodian for the first Global Sharia Funds in Indonesia

The funds are managed by Schroders, BNP Paribas and Manulife.

Indonesia's reserve requirement cut from 7.5% to 6.5%

It will free up $2.5 billion of banks' mandatory deposit reserves.

Maybank Indonesia's net profit surged 61% in 2015

Net profit after tax and minority interest reached Rp1.14 trillion.

2015 sukuk issuances feared to soften compared to last year

Indonesia and Malaysia continue to lead the sukuk market.

A nice surprise: CIMB Niaga's NIM expanded to 5.4% in 3Q15

CASA also increased at a robust rate of 15.7%.

Debt threat: Indonesian banks' profits pressured by rising bad debts and slowing economy

Bank Negara Indonesia's gross NPL ratio rose to 2.8% for the first nine months of 2015.