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The government will offer its entire 45per cent stake in state credit insurance firm PT Asuransi Kredit Indonesia (Askrindo) to strategic investors under this year's privatisation programme, a government official said. "We will likely retain some of (Askrindo's) shares because...
Multifinance loans shot up by 34 per cent year-on-year to Rp42.94 trillion (US$4.77bn) by the end of the first quarter…
#bank#leasing
Bank Indonesia will push the country's banking sector to allocate a greater amount in loans to small- and medium-sized enterprises…
The Asian Development Bank (ADB) said it had signed a US$85 million export credit agreement with six Indonesian banks, including…
In another attempt to speed up the poverty eradication drive, the House of Representatives approved on Monday plans to set…
Bank Danamon, the country's fifth-largest bank in terms of assets, is currently undergoing a re-evaluation of its business strategy after…
#bank#Deutsche Bank#i
Astra International's Dharma Bhakti Astra Foundation (YDBA) will provide Rp20bn (US$2.3m) in technical assistance to small- and medium-sized enterprises (SMEs)…
#3M#bank#international
Asia Pulp & Paper Co (APP) has signed a US$6.7 billion restructuring agreement with key creditors. But the filing of…
Shareholders of state-owned Bank Mandiri on Monday (29 September) approved the bank's plan to grant Rp2,000bn (US$238m) debt retrenchment, mostly…
#bank#management#smes
Bank International Indonesia (BII) will disburse loans totalling Rp100 billion (US$11.8 million) to bolster activities in the real sector and…
#bank#banks#international
The Indonesian government and the International Finance Corporation (IFC) here on Tuesday (2 September) officially launched a US$19 million programme…
Credit insurance company PT Asuransi Kredit Indonesia (Askrindo) has agreed to cooperate with Korea Technology Credit Guarantee Fund (Kotec) from…
#guarantee#insurance
With the continued strengthening of the euro against the dollar, several export-driven companies are seriously considering switching to the euro.…
#bank#international#International Trade