ATM of various banks in Jakarta (illustration)

Economist: Foreign banks targeting Indonesian banking market

REPUBLIKA.CO.ID, BOGOR - PT Bank Negara Indonesias chief economist Ryan Kiryanto said on Saturday that foreign banks were eyeing further expansion into Indonesia's banking sector. "Many public funds have yet to enter banks and many regions in Indonesia still lack banks or have no banks," he said. He added that foreign banks had sought to enter the local market due to...

A campaign against money politics

Jumat , 13 Jun 2014, 01:53 WIB

KPU warns public against money politics

Indonesian rupiah (illustration)

Jumat , 06 Jun 2014, 21:59 WIB

National banking's credit growth slows down

Indonesian rupiah (Illustration)

Jumat , 06 Jun 2014, 15:51 WIB

IDR regains some of its lost value against USD

Some customers are served at Bank Tabungan Negara's building (Illustration)

Minister says Bank Mandiri ready to acquire BTN

REPUBLIKA.CO.ID, JAKARTA - Minister of State Owned Enterprises, Dahlan Iskan stated that PT Bank Mandiri was ready to acquire PT Bank Tabungan Negara (BTN), a state-controlled lender focusing on home mortgage. The acquisition plan will be discussed during company's internal meeting on May 21, 2014. "Bank Mandiri is ready as well as able to acquire BTN. The bank will be...