But the value credit banks lend to this segment does not represent its importance. Only 7% of Indonesia’s credit goes to MSMEs, due to the low financial literacy and poor business management and ...

INDONESIA’S central bank said it will increase to 80 trillion rupiah (S$6.6 billion) the amount of liquidity freed up by reducing reserve requirements for banks that lend to the property sector, to ...

JAKARTA: Trillions of rupiah channelled by Indonesia’s central bank to some lawmakers under a corporate social responsibility (CSR) programme were allegedly misused, said the country’s anti ...

TEMPO.CO, Jakarta - Governor of Bank Indonesia (BI) Perry Warjiyo is optimistic that the national economy this year will be better than in 2024. "We expect growth (this year) to be between 4.7 to 5.5 ...

TOKYO -- The government-backed Development Bank of Japan will as early as Friday launch a $60 million fund with Indonesia's sovereign wealth fund to provide financing to midsize companies in a ...

Jan 26 (Reuters) - Bangladesh's central bank has hired three "Big Four" accounting firms - EY, Deloitte and KPMG - to audit banks it says lost $17 billion to business people close to the regime of ...

The event marked a milestone as MTB unveiled its new logo, signifying the bank's transformation and future-forward vision. Syed Manzur Elahi, chairman of the bank, joined the event virtually and ...

Other local banks also saw significant growth in C&I lending, including TriState Capital Bank, with a year-over-year increase of $593 million, and Dollar Bank, with an increase of $104 million ...

he World Bank says setting up a business in Indonesia takes too long when compared to other countries, and the government has vowed to fix that. Speaking at an event to promote the World Bank’s ...

The rate came in below analysts' estimate of a 1.88 per cent in a Reuters poll and outside Bank Indonesia's (BI) target range of 1.5 per cent to 3.5 per cent. On a month-on-month basis ...

Tyra Banks opened up about losing her home in the recent L.A. wildfires that have displaced thousands of Los Angeles County residents. The former Dancing with the Stars host says she learned her ...

A few days before Trump signed the order from the stage of a Washington, D.C., sports arena, Bank of America, Citi, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo announced their ...