CIMB Launches KPM “Smart Luxury”

Friday, November 20th, 2009

To increase the retail banking market share, PT Bank CIMB Niaga Tbk (Bank Niaga) launched the Car Ownership Loan (KPM) Smart Luxury. "This feature is the latest innovation from Bank Niaga to have a premium vehicle. In addition to the installment payment relief, this feature provides the option loan principal payment ...

Indonesia Supports the Improvement of Banking Regulations

Thursday, September 10th, 2009

Indonesia is supporting efforts to improve regulations related to financial institutions. This is part of the agreement made by finance ministers and central bank governors of G-20 countries in London, last week. The meeting requires banks to increase the amount and quality of their capital reserves, including their assets.

Danamon get funds 372 Million U.S. Dollar

Wednesday, April 22nd, 2009

PT Bank Danamon Indonesia Tbk (Danamon) got funds injection of 372 million U.S. dollars from the Limited Public Offer IV to the Shareholders of the Company. Danamon Tuesday (21 / 4) has announced the complete Limited Public Offer IV to the Shareholders of the Company in order Publishing ...

2008, BI hit Rp 17.3 Trillion

Monday, February 9th, 2009

JAKARTA, Monday - Crisis blessings. Weakening rupiah against the U.S. dollar and financial market uncertainty in the country reap the blessings of Bank Indonesia. Despite wrinkled brow must maintain financial stability, BI close year 2008 with wide smile. "Balance central bank's financial year 2008 Rp 17.3 trillion surplus. However, this report ...

Sinarmas Bank got capital injection Rp 100 billion

Tuesday, January 27th, 2009

Jakarta - Bank Sinarmas get capital injection worth Rp 100 billion from the main business of PT Sinar Mas Multiartha Tbk (SMMA). Currently, the amount of capital paid Sinarmas Bank of Rp 275 billion and capital base Rp 500 billion. "The number of deposit additional capital does not exceed 10% of ...

Bank Lippo

Monday, January 5th, 2009

PT Bank Lippo Tbk’s (“LB”) journey started as NV Bank Perniagaan Indonesia (Indonesian Mercantile Bank) in March 1948, and successively changed its name to PT Bank Perniagaan Indonesia and PT Lippo Bank in 1956 and 1989 respectively. After a successful merger with PT Bank Umum Asia, LB went public and ...

Bank Muamalat Indonesia

Sunday, January 4th, 2009

PT Bank Muamalat Indonesia Tbk was established in 1991, initiated by Majelis Ulama Indonesia (MUI) and the Government of Indonesia, and the start of operations in May 1992. With significant support from the Muslim scholars exhibitor Association se-Indonesia (ICMI) and several Muslim businessman, the establishment of Bank Muamalat also receive ...

Bank Danamon Indonesia

Saturday, December 27th, 2008

PT Bank Danamon Indonesia Tbk was established in 1956 under the name of PT Bank Kopra Indonesia, in 1976, the Bank's name was changed to the present name, Bank Danamon Indonesia. The Bank became the first Indonesian private foreign exchange bank in 1976 and a publicly listed bank in 1989. In ...

Bank Central Asia (BCA)

Saturday, December 27th, 2008

Bank Central Asia (BCA) is an Indonesian bank founded on August 10, 1955. The Asian monetary crisis in 1997 had a tremendous impact on Indonesia’s entire banking system. In particular, it affected BCA’s cash flow and even threatened its survival. Panic rush forced the bank to seek assistance from the Indonesian ...

Bank Rakyat Indonesia

Saturday, December 27th, 2008

Bank Rakyat Indonesia or PT. Bank Rakyat Indonesia (Persero) (BRI), (tr. People's Bank of Indonesia), is one of the larger banks in Indonesia. It specialises in small scale and microfinance style borrowing from and lending to its approximately 30 million retail clients through its over 4,000 branches, units and rural ...