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  • The rise of the Indonesian strategic industry 28 Dec 2009 02:51 GMT
    ... The rise of the Indonesian strategic industry , Jakarta | Mon, 12/28/2009 ... in Korea. The rise of the Indonesian banking system also enables banks to help extend finance for the purchase ...

  • Indonesia's reformer Boediono defends bank bailout 22 Dec 2009 09:22 GMT
    ... JAKARTA, Dec 22 (Reuters) - Indonesian authorities decided to rescue a small lender ... lender to avert a panic run on banks during last year's global credit crisis, reformist ... crises in the late 1990s when Indonesia's banking system virtually collapsed. 'This was done to ...

  • Indonesia's economic Prospect 21 Dec 2009 05:44 GMT
    ... year, 2010, will be very important for Indonesia. Peaceful general elections and successful navigation through ... intervened to limit volatility. While the Indonesian banking system came through the global crisis remarkably ... projects and would renew caution among domestic banks in extending credit. Finally, spikes in international ...

  • Indonesian Banks Weather Downturn But Century Scandal Still Looming 28 Dec 2009 15:01 GMT
    ... Indonesian banks weathered the global financial crisis relatively well, ... and engulfing economies worldwide this year, Indonesia’s banking sector did a good job of navigating ...

  • Bankers' high hopes 21 Dec 2009 05:44 GMT
    ... 12/21/2009 12:00 PM | Review & Outlook Bankers were relieved with the close of 2009. ... It was a tough year, although the Indonesian banks weathered the impact of the global recession ...

  • Sarasin Spurns Takeovers in Asia 'Beauty Contest' for Bankers 23 Dec 2009 07:11 GMT
    ... as hiring gets more challenging as private banks compete for talent. Sarasin, the Swiss private ... and they are very well positioned.” Oversea-Chinese Banking Corp., Singapore’s third-largest lender, in October agreed ... Avianto, also from UBS, to run the Indonesian business at its Singapore subsidiary. The company ...

  • Banks to determine extra capital needs after Nama move 23 Dec 2009 01:50 GMT
    ... THE BANKS should be able to determine what additional ... to value loans created by Nama's investment banking advisers, HSBC, within their own systems, which ... has worked on financial bailouts in Uruguay, Indonesia and Georgia, and was a divisional director ...

  • Indonesia's vice president faces questioning over bank bail-out 22 Dec 2009 07:50 GMT
    ... Jakarta - Indonesian Vice President Boediono was questioned by a ... have had systemic impact on the country's banking industry, he said. Boediono and Finance Minister ... loans to each other. Rumours about ailing banks spread rapidly and foreign exchange was fluctuating. ...

  • Luup Opens Remittance Corridor to Indonesia 28 Dec 2009 06:11 GMT
    ... to mobile remittances between the UAE and Indonesia will bring new revenue channels to the ... based company with a network of 120 banks and 5,000 post offices around the country. ... also partnered with Deutsche Bank’s Global Transaction Banking. This was followed by cooperation agreements with ...

  • More Banking Online in Indonesia Despite Security Worries 27 Dec 2009 16:11 GMT
    ... More Banking Online in Indonesia Despite Security Worries More and more banks have begun offering Internet banking in recent years as part of a drive to ...

  • Century Bailout Aimed to Avoid a Bigger Crisis: Indonesian Vice President 22 Dec 2009 17:33 GMT
    ... of PT Bank Century. Boediono was Bank Indonesia governor at the time of the bailout. (JG ... could bring dire consequences to the country’s banking sector. During an open, high-profile hearing with ... Indonesia were in peril, including unstable reserves, banks stopping giving loans to each other, mounting ...

  • Regional banks need better deal from Asean 27 Dec 2009 20:01 GMT
    ... its aims of further economic integration as banks are important catalysts in the process. "We ... on it. This is particularly obvious in banking, Nazir said. "There is no preferential treatment ... it was only allowed two branches. In Indonesia, it encountered restriction in moving around middle ...

  • Ex-Bank Indonesia Chief Disputes VP's Claim 21 Dec 2009 18:32 GMT
    ... the pressure on his successor at Bank Indonesia on Monday, testifying before the House of ... saying it was necessary to prevent more banks from collapsing at the height of the ... which controlled 85 percent of the nation’s banking assets. “Bank Century was not on the ...

  • Indonesian vice president defends bank bailout 22 Dec 2009 08:27 GMT
    ... JAKARTA (AFP) - – Indonesian Vice-President and former central bank chief Boediono ... last year was essential to prevent a banking crisis. The decision to pump 6.7 trillion ... We did not want to close any banks to avoid a domino effect," he told ...

  • Sri Mulyani Indrawati: Indonesia a Winner in 2009, but School Still in Session 28 Dec 2009 15:32 GMT
    ... Sri Mulyani Indrawati: Indonesia a Winner in 2009, but School Still ... Third, the conservatism and prudence in the banking industry that Indonesia adopted after the 1997-98 Asian ...


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