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Indonesian Govt to Merges Sharia Business of Two State Banks

JAKARTA (TheInsiderStories) - The State Own Enterprises (SOEs) ministry will merge the sharia Unit of PT Bank Tabungan Negara Tbk (IDX: BBTN) with PT...

Indonesian SOEs Set up New Insurance Firm with Jiwasraya

JAKARTA (TheInsiderStories) - Four Indonesian state-owned companies (SOEs) joined with PT Jiwasraya, set up an insurance company, said the government official today (09/30). The majority of PT Jiwasraya...

Change in State Bank Management Led to Chaotic

Jakarta (TheInsiderStories) - Indonesia' State Own Enterprises (SOE) Minister Rini Soemarno held a series of extraordinary general meeting (EGM) of the State banks despite...

Indonesia’s Bank Tabungan Negara Offers US$220M Local Bond

JAKARTA (TheInsiderStories) - Indonesian state lender, PT Bank Tabungan Negara Tbk (IDX: BBTN) will issue Rp3.14 trillion (US$219.80 million) local bond by the end of this...

Indonesia’s Bank Tabungan Negara Seeks Funds US$142M from Synthetic Home Ownership...

JAKARTA (TheInsiderStories) - Indonesian state-owned lender, PT Bank Tabungan Negara Tbk (IDX: BBTN) planned to securitize synthetic home ownership loans to get funds Rp...

Three Indonesian Banks Ranks will Go Up Before 2021

JAKARTA (TheInsiderStories) - Three Indonesian banks targeting to go up to BOOK IV scale banks with total equity more than Rp30 trillion (US$2.14 billion) before...