Friday, March 5th, 2010
Meeting of the Board of Governors of Bank Indonesia (BI) decided to maintain the BI Rate at 6.5 percent level because they were considered consistent with achieving the inflation target in 2010 and 2011 for 5 plus minus 1 percent, according to Head of Public Relations Bureau Difi A BI ...
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Friday, March 5th, 2010
PT Bank Central Asia (BCA) Tbk still waiting out the chip quality standards that will be used on the card Teller (ATM). Currently, the standardization process it was in discussions with Bank Indonesia (BI) and the government.
Director of Bank BCA Suwignyo Budiman said chip card standard is needed to make ...
Posted in Bank Central Asia (BCA) | No Comments »
Wednesday, January 27th, 2010
Fitch Ratings on Monday upgraded Indonesia’s long-term foreign and local currency ratings to BB+ from BB, one level below investment grade, citing the country’s resilience to the global financial crisis.
S&P’s rating is three levels below investment grade, while Moody’s is two levels below investment grade.
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Saturday, January 9th, 2010
The Board of Governors of BI (Bank Indonesia) at meeting here on Wednesday decided to maintain the BI Rate at the level of 6.5 percent.
The BI Rate at the 6.5 percent level was considered consistent with the 2010 inflation target achievement at 5 percent with plus minus of one percent, ...
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Saturday, January 9th, 2010
Bank Indonesia`s decision to maintain its key rate at 6.5 percent is merely aimed at serving short-term interests, Ryan Kiryanto of state-owned Bank Negara Indonesia (BNI), said on Wednesday.
There would be three reasons for the inflation rate to go up, he noted.
The first one would be the impact of a ...
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Sunday, January 3rd, 2010
Bank Indonesia is ready to make the integration of a single identity number (single identity number / SIN) with a single identity of the debtor (single identity of the debtor / SID) to simplify identity management.
Deputy Director of the Directorate of Accounting and Payment of BI Sri Suparni said that ...
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Sunday, January 3rd, 2010
PT Bank Sinarmas officially operates Islamic business unit (UUS) in order to meet customers' needs will be Islamic banking services, as well as responding to business prospects in industry.
The inauguration is in Jakarta this afternoon along with the opening of a branch office on Jl sharia Teuku Cik Ditiro ...
Posted in Sinarmas Bank | No Comments »
Thursday, December 17th, 2009
The State Audit Board (BPK) has found at least nine alleged violations in its investigative audit on Bank Century finances, BPK member Hasan Basri said.
"With the findings of nine alleged violations, we have concluded that Bank Indonesia (BI/the central bank) did not give complete and comprehensive data to the finance ...
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Thursday, December 3rd, 2009
Acting governor of Bank Indonesia Darmin Nasution said he believed the country`s foreign exchange reserves could reach US$66 billion by the end of this year.
"We believe they could reach US$66 billion and so we would be able to finance 6.5 months of imports as well as repay debt installments and ...
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Thursday, December 3rd, 2009
Bank Indonesia is working to improve its standard operation procedures for bank supervision to make it more responsive and quicker, the bank`s acting chief, Darmin Nasution, said here on Wednesday.
"We are still working to improve the SOP for bank supervision to make it more responsive," the central bank`s senior deputy ...
Posted in Banking News | No Comments »
