10:23 pm April 17, 2015 | No Comment
German insurance company Allianz saw the number of its Indonesian micro-insurance clients surge by nearly half last year as it expands its reach in Southeast Asia’s largest economy.
7:00 pm April 17, 2015 | No Comment
China’s bank regulator temporarily suspended this week new financial industry cybersecurity rules after feedback from banks, showing the practical challenges of the nation’s long-term effort to cut dependence on entrenched foreign technology.
6:52 pm April 17, 2015 | No Comment
President Joko Widodo has proposed three candidates to the House of Representative to fill a Bank Indonesia deputy governor position that will be vacant after Halim Alamsyah finishes his tenure in June, according to a statement from the central bank on Friday.
5:55 pm April 17, 2015 | No Comment
Britain postponed a sale of Treasury bills and global bond trading was hit by a power outage at news and market price provider Bloomberg on Friday, with trading volume in German government bond futures contracts tumbling by around a third.
1:58 pm April 17, 2015 | No Comment
Commonwealth Bank Indonesia, a subsidiary of Commonwealth Bank of Australia Group, posted a thin 1 percent increase in net income last year to Rp 207.85 billion ($16 million), on the back of positive growth in its lending “amid a challenging year”, it said a statement on Thursday.
4:45 pm April 16, 2015 | No Comment
The Philippine stock exchange is considering relaxing its listing rules for infrastructure companies amid a dearth of initial public offerings and growing demand for cash to fund roads, power plants and ports.
4:22 pm April 16, 2015 | No Comment
Malaysia sold $1.5 billion of 10- and 30-year global Islamic bonds in its first sale of the debt since 2011.
8:40 am April 16, 2015 | No Comment
Profit at Bank of Tokyo-Mitsubishi UFJ’s Indonesian operations jumped 48 percent in 2014 on the back of above-average lending growth.
7:58 am April 16, 2015 | No Comment
The United States will further engage China to encourage a Beijing-led development bank to embrace high governance standards, a US official said on Wednesday.
6:32 am April 16, 2015 | No Comment
ANZ Indonesia, the local unit of Melbourne-based Australia and New Zealand Banking Group, posted higher profit last year as income from interest rose amid an increase in lending.
7:15 am April 15, 2015 | No Comment
New York. JPMorgan Chase is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview. Loans that fund smaller leveraged buyouts, where companies often do not have the size or financial resources to […]
1:05 pm April 14, 2015 | No Comment
Bank ICBC Indonesia — the local unit of China’s ICBC, the world’s largest lender by total assets — posted a 17 percent increase in net income last year to Rp 274.5 billion ($21 million), thanks to growth in lending.
12:23 pm April 14, 2015 | No Comment
Bank Bukopin, a medium-sized Indonesian lender, plans to sell Rp 1 trillion to Rp 2 trillion ($77 million to $154 million) in subordinated debt in the second half of this year in order to strengthen the company’s capital.