Finance
Finance

Opportunity to Consolidate Bank Capital, Bank Aladin

Capital Financial Group business entity, Capital Life Syariah, bought a 5.3 percent stake in PT Bank Aladin. Bank Capital-Bank Aladin consolidation may attract strategic investors.

Indonesia's Sovereign Wealth Fund Eyes Airport Projects

The Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, will finance the Angkasa Pura I and Angkasa Pura II airport projects to secure the business prospects during the post-pandemic economic recovery.

A Bright Future Awaits Digital Banks in Indonesia

The financial aggregator startup Finder released a report stating that Indonesia has the second-highest digital bank users. As many as 25 percent of adults in the country have digital bank accounts.

A New Era on Fast Track Banking Transactions

Bank Indonesia (BI) will conduct a trial on BI Fast Payment in October 2021. The latest system will replace the Bank Indonesia National Clearing System (SKNBI).

OJK: Almost Half of Bank Loans Are Restructured

The Financial Services Authority has extended the relaxation period for bank credit restructuring from March 2022 to March 2023. However, banks need to build fiscal reserves to anticipate the surge in non-performing loans.