SOE profits reach IDR 303.7 trillion
13 Feb 2023 14:02
State-Owned Enterprises (BUMN) scored a profit of IDR 303.7 trillion in 2022, where the largest contribution was from the banking sector.
Syndicate to grant FREN IDR 7.5 trillion loan
03 Feb 2023 09:23
A syndicate of banks has granted a facility to PT Smartfren Telecom Tbk (FREN) with a credit limit of IDR 7.2 trillion.
Banks’ Suspicious Activity Reports rose 48.8% in 2022
30 Jan 2023 06:16
The number of Suspicious Activity Reports (SAR) within the banking sector increased 48.8% year-on-year (yoy) from 3,068 cases in 2021 to 4,556 cases in 2022.
Climbing 9.3%, banks’ third-party funds hit IDR 7.92 quadrillion
25 Jan 2023 06:43
Banks reportedly managed to collect third-party funds of IDR 7.92 quadrillion in December 2022, shifting 9.3% from IDR 7.25 quadrillion in December 2021.
Semen Indonesia to secure IDR 4.15 trillion loan facility
22 Dec 2022 06:33
PT Semen Indonesia (Persero) Tbk (SMGR), a parent company of cement manufacturers, has obtained a syndicate credit facility worth IDR 4.15 trillion.
Bank’s credit growth to reach 10%-12% in 2023, BI said
07 Nov 2022 08:32
Perry Warijyo, Governor of Bank Indonesia (BI), estimated that the bank's credit growth may reach 10% to 12% in 2023, influenced by several factors despite the impending global recession.
ILR to be the standby buyer in OASA’s rights issue
30 Sep 2022 06:28
PT International Labuan Resources (ILR) is listed as the standby buyer for the rights issue of PT Maharaksa Biru Energi Tbk (OASA), which is scheduled from November 8 to 10, 2022.
Deadline closing in, 37 banks yet to meet minimum core capital
06 Sep 2022 06:58
The Financial Services Authority (OJK) data listed 37 banks that have not yet met the minimum core capital requirement of IDR 3 trillion despite the nearing deadline at the end of this year.
BEST earn a USD 90 million syndicate loan
26 Jul 2022 07:50
PT Bekasi Fajar Industrial Estate Tbk (BEST) obtains a loan from a syndicate of banks worth USD 90 million, which will be used to pay back other loans.
AISA seeks USD 350 million syndicated loan
21 Jun 2022 07:25
PT FKS Food Sejahtera Tbk (AISA) acquires a loan facility worth USD 350 million syndicated from national banks with the corporate and its subsidiaries as a guarantee in return.