by Yohanes Obor | Jan 29, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The Financial Service Authority (OJK) urges banks to cut loan rates as BI Rate has been cut to 7.25% in Jan. 14, 2015. OJK Chief Commissioner Muliaman D Hadad said the banks have experienced lower costs of funds and have no problem with the...
by Yohanes Obor | Jan 27, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank BNI Syariah booked profit of Rp228.52 billion in 2015, grew by 39.98% from Rp163.25 billion in 2014. The bank booked financing of Rp17.7 trillion last year, grew by 18% from Rp15 trillion in previous year. The consumer financing...
by Yohanes Obor | Jan 27, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The Financial Service Authority (OJK) urges the banks with core capital of less than Rp1 trillion (BUKU 1 category) to merge, instead of to launch the initial public offering (IPO). Currently some local banks plan to merge as foreign...
by Yohanes Obor | Jan 26, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The President Joko Widodo emphasized that infrastructure development is key to Indonesia in facing the competition era. The infrastructure availability, he added, would improve productivity and competitiveness. “With the...
by Yohanes Obor | Jan 26, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Food producer PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) allocates Rp150 billion fund to purchase back its shares within next three months. As at September 2015, AISA’s cash and cash equivalent totaled Rp566.32 billion. Its assets...
by Yohanes Obor | Jan 26, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Danamon Indonesia Tbk (BDMN) has Monday (Jan. 25) divested 2.93% shares of its unit PT Adira Dinamika Multi Finance Tbk (ADMF), to comply with minimum 7.5% free float regulation. Then now BDMN holds 92.07% ADMF shares, from previous...