Indonesia

Indonesian start-up obtains new funding to facilitate invoice finance for SMEs

Indonesian startup ...has closed an undisclosed pre-seed round led by...

Indonesian bank ofers SCF scheme to hospitals

Bank Mandiri has prepared a supply chain financing (SCF) to pay the claims of...

Indonesian fintech facilitates first-ever sharia fintech loan through invoice finance

Peer-to-peer fintech lending platform ... announced a successful pilot project for its sharia-compliant service which has facilitated...

IFC extends US$40m loan to Indonesia’s Radana to boost MSMEs lending

The International Finance Corporation (IFC), the private investment arm of the World Bank, has invested US$40 million in the form of a senior loan facility...

Indonesia's P2P lending startups to develop

It’s been seven months since the Indonesian government issued regulations for the peer-to-peer (P2P) lending industry, and the mood in the sector is...

Indonesian SME industry activity set to be boosted by Ministry of Finance

The Indonesian Ministry of Finance have announced that they will facilitate the SME industry to boost the...

Bank bosses positive on open account transactions

Factoring and forfaiting overtaking letters of credit in some sectors

IFC partners with Danamon Bank to support SME growth in Indonesia

The International Finance Corporation (IFC) has signed a loan agreement for up to US$75million with PT Bank Danamon Indonesia, Tbk.

HSBC: SMEs still hesitant on renminbi trade

Indonesian businesses have yet to adopt China s renminbi as a currency in trading with the country, amid concerns about risks but remain unaware of the benefits in trading, according to HSBC Holdings.

IFC to channel USD400m in Indonesian investments

The International Finance Corporation (IFC) is aiming to disburse between US$400 million and $600 million in investments in Indonesia during the 2013 fiscal year, a 33 per cent to 100 per cent increase from 2012.