Archive for the ‘Banking News’ Category

Bank Customer funds increased to Rp 11.03 trillion

Thursday, August 26th, 2010

Bank Customer funds increased to Rp 11.03 trillion After two weeks of consecutive decline, the Third Party Funds (DPK), banks eventually recover. Bank Indonesia (BI) noted that since the beginning of the year until August 20 banking deposits up to Rp 11.03 trillion. DPK so since January 2010 until August 20, 2010 ...

Banks get big profit from Forex

Wednesday, August 18th, 2010

Banks get big profit from Forex National banking revenue from gains on foreign currency transactions soar. According to data from Bank Indonesia (BI), a national banking profit from foreign exchange transactions amounted to Rp 97.47 trillion. In fact, in the same period last year, the value is still Rp 15.37 trillion. While ...

ADB, ASEAN+3 establish joint credit facility

Thursday, April 15th, 2010

The Asian Development Bank (ADB) and ASEAN+3 have established a joint credit guarantee facility to support local currency denominated bonds issued by companies in the region. ADB's board of directors approved the establishment of the Credit Guarantee and Investment Facility (CGIF), to begin in 2011, as a trust fund with a ...

Gifts Included Components of Bank Interest

Thursday, April 15th, 2010

Learning from the aftermath of the case of liquidation of the Bank IFI (cash 9 April, 2010), the Deposit Insurance Agency (DIA) is planning to revise the rules about the guarantee. Institutional guarantor of money the bank customer's deposit will emphasize again the criteria that are not eligible to pay.

the Great Indonesia Movement saving

Thursday, April 15th, 2010

Community responses to the Great Indonesia Movement saving (savings) tend to stagnate. Since its launch in February and to date, the number of accounts of new savings products reached 73,000 accounts.

The World Bank approved a $3.75 billion loan to help South Africa

Friday, April 9th, 2010

The World Bank approved a $3.75 billion loan Thursday to help South Africa build a coal-fired power plant over opposition from the United States and environmental groups.

Losses “Fraud” Credit Card and ATM Reach USD 16.5 M

Tuesday, March 23rd, 2010

The impact of fraud or dishonesty aka fraud against credit card and ATM / debit reached Rp 16.5 billion. Based on data from Bank Indonesia as of the end of January 2010, credit card fraud amounting to Rp 4.4 billion in a month.

BI : Foreign exchange reserves to reach US$66 billion

Thursday, December 3rd, 2009

Acting governor of Bank Indonesia Darmin Nasution said he believed the country`s foreign exchange reserves could reach US$66 billion by the end of this year. "We believe they could reach US$66 billion and so we would be able to finance 6.5 months of imports as well as repay debt installments and ...