Indonesia

The Government of Indonesia will increase its guarantee on micro-loans for small industries agriculture, maritime and fisheries and forestry to Rp 10 trillion (US$1.1 billion) next year from Rp 6 trillion last year, an increase of 66.7 per cent.

SME development is one of the key areas that should be focused on to realise the One Asean vision, according to the head of an Indonesian investment company.

Samuel Mathew, Regional Head of Product Management, South East Asia, Standard Chartered Bank, provides an overview of the factoring market in Switzerland, covering industry environment, market performance, supply and future trends, for the World Factoring Yearbook 2011.      

DBS Bank has announced the appointment of Tam Thye Hung as the Head of Global Transaction Services (GTS) in Indonesia.

Carrefour Indonesia agrees supply chain finance program with Deutsche Bank

Indonesian government institutions experience problems in collecting receivables

The Jakarta Post reports that Indonesia s major banks are still facing several constraints in disbursing government-sponsored micro loans (KUR) to small businesses, despite high demand.

PT Bank CIMB Niaga Tbk, established cooperation with PT Aprisma BizChannel Indonesia in the provision of facilities for the target customer growth facilities amounted to 25 %.

Intan Natalia Wijaya, Head of Local Product Management at Standard Chartered Bank in Indonesia, provides Factorscan with an overview of the factoring market in Indonesia, covering industry environment, market performance, supply and future trends.