Indonesia
BNI posts $19B worth of trade finance transactions in 2011
Bank Negara Indonesia posted trade finance transactions worth US$19.83 billion in 2011, up 72 percent from a year earlier.
BNI posts $19B worth of trade finance transactions in 2011
Bank Negara Indonesia posted trade finance transactions worth US$19.83 billion in 2011, up 72 percent from a year earlier.
Bank BJB agrees to a higher dividend
The shareholders of Bank BJB approved the disbursement of a dividend at Rp 61.07 or 0.66 US cents a piece for the 2011 financial year.
Permata eyes 65% sharia lending growth
Permata Bank Syariah is targeting a lending growth of 65 percent this year.
PermataBank Syariah ups profit by 41% in 2011
PermataBank Syariah reported a profit of Rp 133 billion or US$14.45 million in 2011, reports Jakarta Post.
SMBC ups investment in Indonesian infrastructure agency
Japan’s second largest bank in assets is putting its money on Indonesian infrastructure projects.
DBS Indonesia's net profits surge 74.4 % to $41.8M
PT Bank DBS Indonesia posted a 74.4 percent increase in net profits to Rp 384 billion or US$41.8 milion in 2011.
West Java's Bank BJB grows lending by 21.5% to $3.13 B
Bank BJB’s lending grew by 21.52 percent last year to Rp 28.76 trillion or US$3.13 billion.
Bank Mega books over $109M net income despite sanctions
Bank Mega's net income went up 12 percent from the previous year to more than a Rp 1 trillion or US$109.3 million.
Bank Mandiri shifts focus from corporate to retail lending
Indonesia's largest banks will start chasing high yields from retail loans.
Subsidiaries help lift Mandiri profits
Bank Mandiri’s subsidiary business units contributed 12.73 percent to the group’s overall net profit in 2011 with a net profit of Rp. 1.56 trillion or US$170 million.
BCA, Mandiri top $1.1B net profit in 2011
Bank Mandiri and Bank Central Asia may have broken the US$1.1 billion or Rp 10 trillion mark in net profits.
Danamon launches Manchester United cards
Bank Danamon launched Manchester United debit and ATM cards with benefits ranging from shopping deals to watching the team’s matches live.
CIMB Niaga to lend $19.7M to Hotel Sahid
Hotel Sahid Jaya will use US$13 million from the US$ 19.7 milion it will borrow to refinance its loans from Mega Bank.
Mandiri to lend $20.79M to oil palm cooperatives
Bank Mandiri will disburse loans to cooperatives of oil palm farmers to boost the amount of credit disbursed to SMEs this year.
Bank Mandiri allocates $4.3 B for SMEs
Bank Mandiri is allocating about 4.3 billion U.S. dollars of loans to SMEs across the country this year,
Automating the investment funds landscape in Asia
Across Asia, investment fund transaction processing methods and distribution models differ markedly. The reason is that domestic investment fund markets have matured according to individual market needs.
How foreign investments in Indonesia continue to grow
BKPM (Indonesia Investment Coordination Board) expects foreign investments to grow to USD 19,2 billion in 2012 from USD 18,7 billion.
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