by Yohanes Obor | Sep 11, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The Government of Indonesia will implement the National Interest Account (NIA) for strengthening the financing for export. This is part of the government’s economic policy package for phase one released on Wednesday (Sept. 9). The NIA...
by Yohanes Obor | Sep 9, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Mandiri Tbk (BMRI) targets its net profit to only grow by 3-5% next year. Bank Mandiri will focus on expanding its provision for non performing loan (NPL). As at June 2015, BMRI’s NPL stood at 2.2%, higher than 1.9% by end...
by Yohanes Obor | Sep 9, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Indonesia Eximbank targets its financing to grow by 25-35% in 2016, with new financing expecting for Rp16 trillion. The company plans to issue bonds and to seek bilateral loan for around Rp13 trillion, to support its financing. Eximbank earlier...
by Yohanes Obor | Sep 8, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Tabungan Negara (BTN) Tbk (BBTN) revives its plan to set up a life insurance firm this year, partnered with state-owned PT Asuransi Jasa Indonesia and BTN’s pension fund. BTN allocates more than Rp100 billion to fund the...
by Yohanes Obor | Sep 8, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Central Asia (BCA) Tbk (BBCA) has injected Rp400 billion capital to its syariah unit, PT BCA Syariah, to enter BUKU 2 category. BCA acquired BCA Syariah in 2009 and its CAGR rose 43% in 2010-2014 period, to reach Rp2.3 trillion....
by Yohanes Obor | Sep 7, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Indonesia’s official reserve assets position as of end August 2015 stood at US$105.3 billion, lower than the end of July 2015 level registered at US$107.6 billion. This development was attributable to increase in foreign exchange demand for...
