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Higher Foreign Participation to Enhance Capital Base and Efficiency

JAKARTA (TheInsiderStories) - Recent merger and acquisition (M&A) trends suggest that Indonesia is turning more welcoming to foreign banks, said Morgan Stanley in a latest report....

Indonesia’s Bank BJB and Bank Banten Will Merges

JAKARTA (TheInsiderStories) - Two regional bank in West Java, PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (IDX: BJBR) and PT Bank Pembangunan Daerah Banten...

Indonesia’s FSA Urges the Bank Consolidation

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) encourages the banking consolidation to create a strong banking structure, expand the business scale and increase competitiveness...

Speed Up Banking Consolidation, FSA to Revise Single Presence Policy Rule

JAKARTA (TheInsiderStories) - Indonesia' Financial Services Authority (FSA) will revise the single presence policy (SPP) to lessen the number of banks in Indonesia, as...

Indonesia’s Bank Central Asia Eyes Bank Royal

JAKARTA (TheInsiderStories) - After preparing for almost three years, PT Bank Central Asia Tbk (IDX: BBCA) will soon completed the acquisition a small lender...

Industrial Bank of Korea Officially Owned Bank Agris

JAKARTA (TheInsiderStories) - Industrial Bank of Korea (IBK) officially owned 95.79 percent of Indonesian lender PT Bank Agris Tbk (IDX:AGRS). Followed the compeletion, IBK intends...
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