9:16 pm December 18, 2014 | No Comment
In 2013 and the first half of 2014, the global banking industry continued its recovery from the global financial crisis and the industry has nearly returned to its long-term average performance, a report released on Wednesday by McKinsey & Company showed.
12:45 pm December 16, 2014 | No Comment
State-owned Bank Mandiri, the country's largest lender by assets, plans to raise up to Rp 10 trillion from bond sales next year, strengthening its funding source for expanding lending.
5:53 pm December 9, 2014 | No Comment
Indonesia's central bank estimated bad loans would rise by the end of this year to 2.4 percent of outstanding loans, up from 1.8 percent at the end of 2013, but a level the bank still considered manageable, an official said on Tuesday.
5:46 pm December 9, 2014 | No Comment
The central banks of the United Arab Emirates and China aim to activate their 35 billion yuan ($5.7 billion) currency swap agreement soon, a senior UAE central bank official said on Tuesday.
11:11 am December 9, 2014 | No Comment
Indonesia's central bank governor said it is always in the forex market to guard against rupiah volatility, but it was not targeting a specific level for the currency, which has fallen to its weakest since 2008.
9:44 am December 9, 2014 | No Comment
Mizuho Financial Group said talks to buy Australia & New Zealand Banking Group's stake in Bank Pan Indonesia have stalled, adding that the Japanese bank is considering other opportunities in the Southeast Asian nation.
1:51 pm December 7, 2014 | No Comment
Australia's major banks should set aside more capital to ensure they can survive a repeat of the global financial crisis, a government-backed review recommended on Sunday, a measure that may rein in the banks' hefty dividend payouts.
9:37 pm December 5, 2014 | No Comment
Regional governments say their plans to raise funds bond sales have snagged on red tape, but observers question their readiness to face capital markets’ scrutiny.
8:18 pm December 4, 2014 | No Comment
CIMB Niaga, Indonesia fifth-largest bank by assets, forecasts net income at Rp 3 trillion ($246 million) for this year, down 30 percent from Rp 4.29 trillion in 2013, as the lender deals with rising interest costs and sets aside more money to cover bad loans.
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