Below is a list with tagged columns and company profiles.

Today's Headlines Banking

  • After 29 Years Rabobank Indonesia to Stop Operations in Indonesia

    After 29 Years Rabobank Indonesia to Stop Operations in Indonesia

    Rabobank Indonesia (short for PT Bank Rabobank International Indonesia) has announced that it is to phase out its operations in Indonesia starting per direct. The decision was made by the bank's shareholders. Fierce competition in Indonesia's banking industry, which particularly hurts the smaller banks, is believed to be the main reason behind the decision.

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  • Finance Update: Preliminary Data Show Improving Conditions in 2018

    Finance Update: Preliminary Data Show Improving Conditions in 2018

    Despite challenging circumstances that trigger capital outflows from emerging markets – mostly related to the ongoing tariff war between the United States and China, monetary tightening in developed nations, US President Donald Trump’s unpredictable style of leadership, and rising crude oil prices in the first three quarters of the year (that cause pressure on net oil importers) – Indonesia ended 2018 in good financial health.

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  • Rising Undisbursed Loan Ratio in Indonesia as Investors are Hesitant

    Rising Undisbursed Loan Ratio in Indonesia as Investors are Hesitant

    Despite Indonesia's better-than-expected 5.27 percent year-on-year (y/y) economic growth rate in the second quarter of 2018, there remain plenty of domestic and external uncertainties that make businesses hesitant to take up credit. This is evidenced by the rising ratio of the country's undisbursed loans.

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  • OJK to Approve Foreign Majority Stake in Bank Danamon Indonesia?

    OJK to Approve Foreign Majority Stake in Bank Danamon Indonesia?

    Indonesia's Financial Services Authority (OJK), the government agency that regulates and supervises the country's financial services sector, may allow the plan of Japan-based Mitsubishi UFJ Financial Group (MUFG) to acquire a 73.8 percent stake in Indonesian financial institution Bank Danamon Indonesia through subsidiary The Bank of Tokyo Mitsubishi UFJ Ltd (BTMU).

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  • Banking Sector Indonesia Still Lacks Confidence in Mining Industry

    Bank Sector Indonesia Still Lacks Confidence in Mining Industry

    Local banks in Indonesia remain hesitant to disburse loans to companies that are engaged in Indonesia's mining sector due to the high degree of bad debt in this sector. Hence, credit disbursement to the country's mining sector continues to shrink. On the one hand, it is positive that Indonesia's banking sector becomes less dependent on the volatile movement of mining commodity prices.

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  • Bank Rakyat Indonesia Posts 10.7% Rise in Net Profit in 2017

    Bank Rakyat Indonesia Posts 10.7% Rise in Net Profit in 2017

    Bank Rakyat Indonesia, one of the leading commercial banks in Indonesia and among the largest listed companies in terms of market capitalization on the Indonesia Stock Exchange, posted solid corporate earnings over full-year 2017. The financial institution's net profit and net interest income both climbed by double-digit figures.

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  • Bank Negara Indonesia Reports 20.1% Net Profit Growth in FY-2017

    Bank Negara Indonesia Reports 20.1% Net Profit Growth in FY-2017

    One of Indonesia's largest banks, Bank Negara Indonesia (BNI), reported a 20.1 percent year-on-year (y/y) increase to IDR 13.62 trillion (approx. USD $1.0 billion) in consolidated net profit in full-year 2017. This strong growth pace came on the back of a 12.2 percent (y/y) increase in credit growth to IDR 441.3 trillion (approx. USD $32.9 billion).

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  • Bank Rakyat Indonesia (BRI) Targets Double-Digit Growth in 2018

    Bank Rakyat Indonesia (BRI) Targets Double-Digit Growth in 2018

    Indonesian financial institution Bank Rakyat Indonesia (BRI) targets to see double-digit profit growth in 2018 supported by rising credit growth. Suprajarto, President Director of BRI, said rising revenue and the implementation of efficiency measures will boost the bank's performance in 2018. Moreover, Indonesia's banking sector is currently "hot", reflected by surging shares of the big listed Indonesian banks on the Indonesia Stock Exchange.

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Latest Columns Banking

  • Indonesia's Jakarta Composite Index Volatile but Slightly up Last Week

    After finishing last week with three consecutive days of gains, Indonesia's main stock index (IHSG) reached up to 4,633.11. However, its movement is still rather volatile. Property, finance and consumption stocks were sold by investors after seeing the benchmark interest rate raised by Bank Indonesia (by 50 bps to 6.50 percent) on Thursday (11/07), while metal stocks formed the main supporter of the index at the end of the week. Trading volume in the regular market hit 5.2 trillion and foreigners recorded net purchases of IDR 288 billion.

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  • Amid Weak Asian Indices, Indonesia's Main Stock Index Falls 3.68%

    Indonesia's main stock index (IHSG) fell 3.68 percent to 4,433.63 on Monday's trading day (08/07). This current level is the lowest level of the IHSG since 26 June 2013. Of the 473 listed companies, 263 were down, 21 were up and the remainder did not move. Most Asian indices fell due to concerns about China's credit crisis that may impact on the country's economic growth and that the positive US employment report will affect continuation of the Federal Reserve's quantitative easing program. The MSCI Asia Pacific Index fell 1.6 percent.

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  • Strong Rebound in Indonesia's IHSG, BI Rate Hike Well-Received

    On Friday (14/06), the main stock index of Indonesia (IHSG) jumped 3.32 percent to 4,760.74 points as financial market participants were optimistic about the effects of the higher central bank interest rate that was announced the day before. Moreover, Indonesia's IHSG was supported by a green wave across Asian stock markets, which was partly due to a strong rebound in markets in the United States on Thursday (13/06). Stocks in Indonesia's banking and property sectors were the top-gainers on Friday's trading day.

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  • Indonesia's Central Bank Keeps Its Benchmark Rate at Record Low 5.75 Percent

    The central bank of Indonesia (Bank Indonesia, or BI) decided to maintain its record low policy rate for the 15th straight month at 5.75 percent as it is considered consistent with its inflation target range of 3.5-5.5 percent in 2013 and 2014. The central bank also stated that the global economic recovery is accompanied by many uncertainties which result in a lower forecast for Indonesia's economic growth. The full press release of Bank Indonesia can be read below.

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  • Despite Growth Some Issues Block Indonesia's Financial and Property Stocks

    buildings jakarta indonesia-investments richard van der schaar

    In its most recent report, the Asian Development Bank (ADB) forecasts Indonesia to continue its robust economic growth. Last year, the economy of Indonesia expanded 6.23 percent, and according to the ADB this figure will rise to 6.4 percent in 2013 and 6.6 percent in 2014. However, since the start of April there have been some issues that are causing Indonesia's stock indices to go down. Although believed to be only temporary, it is worth taking a closer look.

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  • Bailout in Cyprus Impacts Negatively on the Indonesia Stock Exchange

    We had hoped for a continuation of the Indonesia Stock Exchange (IHSG)'s rebound after forming a green candle. It failed, however, due to negative market sentiments brought on by the bailout of Cyprus. Also, selling pressures on American stock markets late last week blocked a potential longer rally. The IHSG felt the impact of the Dow Jones Industrial Average (DJIA) that fell after a weaker NY Empire State Manufacturing Index as well as Consumer Sentiment.

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  • BRI's 2012 Results Mark the Continued Strength of Indonesia's Financial Sector

    Bank Rakyat Indonesia - BRI - Indonesia Investments - Van der Schaar Investments B.V. Vaandelstraat Delft

    Indonesian commercial banks have shown good performance in recent years as economic growth of over six percent fuels loan demand from the people and businesses. Domestic consumption and investment are the two main drivers of the country's gross domestic product (GDP) growth. Together, these two components account for almost 90 percent of GDP. As such, lenders are in a comfortable position.

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