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Indonesia: Bank Mandiri Releases Green Bond US$300M, Offers Eurobond

JAKARTA (TheInsiderStories) - One of the largest bank in Indonesia, PT Bank Mandiri Tbk (IDX: BMRI) in the process to releases Euro Medium Term Notes (EMTN)...

Bank Central Asia Shares Dividend US$903M in 2020

JAKARTA (TheInsiderStories) - One of the largest bank in Indonesia, PT Bank Central Asia Tbk (IDX: BBCA), will distribute a cash dividend Rp530 a share or...

Bank Indonesia Revises Down Loan Growth to 5 – 7% due...

JAKARTA (TheInsiderStories) -  Bank Indonesia (BI) revised down the loan growth from 7 - 9 percent to 5 - 7 percent in this year amidst the...

Indonesia’s Bank Tabungan Negara Eyes Insurance and VC Firm

JAKARTA (TheInsiderStories) - State lender focused on housing loans, PT Bank Tabungan Negara Tbk (IDX: BBTN) eyes insurance and venture capital firms to support its...

Indonesia’s PermataBank Officially Enters Book IV Level

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Bank Permata Tbk (IDX:BNLI) officially became a commercial bank business activity IV (Book IV) after receiving a confirmation...

World Bank Lends Indonesia US$500M for Fiscal Resilience

JAKARTA (TheInsiderStories) – The World Bank approved a US$500 million loans to strengthen Indonesia' financial and fiscal resilience, the agency announced today. The loan will...

Indonesia’s Tower Bersama Get US$275M Loans to Pay Debt

JAKARTA (TheInsiderStories) - Tower provider owned by the Saratoga Group, PT Tower Bersama Infrastructure Tbk (IDX: TBIG), obtained a revolving credit facility US$275 million from...

Malaysia’s Grab Upsizes Term Loan to US$1.75M

JAKARTA (TheInsiderStories) - Malaysian decacorn, Grab Holding Inc., announced will upsize its proposed term loans from the initial planned US$750 million to $1.75 billion, showed by Moody's Investors...

FSA: Indonesian Banking Loans to Grow 7.5% in 2021

JAKARTA (TheInsiderStories) - The Financial Service Authority (FSA) sees that banking loans to grow around 7.5 percent in this year based on the business plans...

FSA to Regulates Indonesian Banking Policies

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) is working on the new policies concerning on the commercial banks and its business activities, said the agency...

The Amount of P2P Lending in Indonesia to Reaches US$6.14B in...

JAKARTA (TheInsiderStories) - The Indonesian Joint Funding Financial Technology (FinTech) Association estimates that peer to peer (P2P) lending in 2021 could reached Rp86 trillion (US$6.10 billion)...

ADB Loans PLN US$600M to Expand Energy Access in Eastern Indonesia

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$600 million loan to help the state-run power producer PT Perusahaan Listrik Negara (PLN), to...

Major Banks in Indonesia Affected by COVID-19

JAKARTA (TheInsiderStories) - Major banks in Indonesia reported that their financial result and loans growth until September (9M) of 2020 had decreased due to the pandemic....

Home Credit Indonesia Receives US$60.5M Funding

JAKARTA (TheInsiderStories) - A technology-based multipurpose finance company, PT Home Credit Indonesia, has signed an agreement a syndicated loan facility worth US$60.5 million from foreign creditors. These...

Indonesian Banking Loan Growth Stagnated in September

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the national banking loan growth almost stagnant at 0.12 percent in September compared to August, which was still grew 1.04...

Indonesia’s SMI Gets Syndicated Loans US$500M from Banks

JAKARTA (TheInsiderStories) - State financing company, PT Sarana Multi Infrastruktur (SMI) has secured a loan facilities of US$500 million with a green shoe of $200 million...

Indonesia’s Pertamina Explores US$3B Loans for Expansion

JAKARTA (TheInsiderStories) - State oil company, PT Pertamina, has appointed six banks to seek loans in the form of a bridging loans around US$3 billion...

FSA: Profit of Indonesian Banks Could Declines 40% in 2020

JAKARTA (TheInsiderStories) - Indonesia' Financial Services Authority (FSA) predicted that national bank profits will decline around 30 to 40 percent in this year compared to 2019,...

Indonesia’s PTPP Give Loans US$32M to PP Properti

JAKARTA (TheInsiderStories) - State-owned construction firm, PT PP Tbk (IDX: PTPP) provides loans to its subsidiary, PT PP Properti Tbk (IDX: PPRO) with worth of Rp495...

Four State Banks Revises Down Loan Growth to Single Digit

JAKARTA (TheInsiderStories) - Four state-owned lenders revised down this year target' loan growth to single digit growth caused the impact of COVID-19. PT Bank Mandiri...

Indonesia’s Eximbank Ready to Pay Off Debt US$68.96M

JAKARTA (TheInsiderStories) - The Indonesian Export Financing Agency or Eximbank ready to pay debt worth of Rp1 trillion (US$68.96 million), said the company today. In...

Bangkok Bank Injecting US$253M Loans to Barito Pacific

JAKARTA (TheInsiderStories) - Conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT) obtained a loan facility from Bangkok Bank Public Co. Ltd., amounting to US$252.70 million. The loan...

National Banking Loans Only Grew 1.49% in June

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) reported the Indonesian banking loans only grew 1.49 percent in June 2020 from May rose by 3.04 percent caused the...

Indonesia’s Bank Tabungan Negara Seeks Funds from Bond Market

JAKARTA (TheInsiderStories) - State run lender, PT Bank Tabungan Negara Tbk (IDX: BBTN) will issue bonds with a maximum principal value of Rp1.5 trillion...

Bank Rakyat Indonesia Get Assignment to Distributes Loan US$8.68B in Three...

JAKARTA (TheInsiderStories) - Indonesian government assigned the largest small and medium enterprises lender, PT Bank Rakyat Indonesia (IDX: BBRI), to disburse Rp122.5 trillion (US$8.68 billion) worth...

Indonesia’s Bank Tabungan Negara Offers Rupiah Bond US$107M

JAKARTA (TheInsiderStories) - State run lender, PT Bank Tabungan Negara Tbk (IDX: BBTN) is exploring a local bond offering with total amount Rp1.5 trillion (US$107.14 million)...

Indonesia’s Ula Raises Seed Funding US$10M from Global Investors

JAKARTA (TheInsiderStories) - Ula, a distribution and credit marketplace application for micro, small and medium enterprises, earned a seed funding US$10.5 million from Sequoia India, LightSpeed...

Indonesia Get Loan Facilities US$250M for COVID-19 Emergency Response

JAKARTA (TheInsiderStories) - Indonesia get loan facilities US$250 million from various multilateral agencies for COVID-19 Emergency Response Project, World Bank announced today (05/28). The financing...

Singapore’s Olam Get Loans US$176M to Develop Sugar Factories

JAKARTA (TheInsiderStories) - Olam International Ltd., (SGX: O32) has secured loans US$176 million expand its Indonesia cocoa processing facility managed by Far East Agri Pte., Ltd., Vietnam,...

ADB Prepares US$3B to Support Indonesia’s Power Projects Until 2021

JAKARTA (TheInsiderStories) — Asian Development Bank (ADB), is planning to provide about US$3 billion funds between 2019 and 2021 to help the government' power sector, mainly...
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