Monday, August 23rd, 2010
BI Advised Do Not Get Preserve BI Rate
Jakarta - Bank Indonesia (BI) suggested not too late not raise interest rates because the alias BI Rate complacent with economic conditions in the country at this time. Ideally, the BI rate could be increased by 50 basis points to ...
Posted in Bank Indonesia | No Comments »
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 ...
Posted in Banking News | No Comments »
Wednesday, August 18th, 2010
There are still five banks have capital under Rp.100 Billion
The deadline for implementation of banking policy of a minimum capital of Rp 100 billion was getting closer. If nothing changes, Bank Indonesia has set a date of December 31, 2010 as the deadline for banks in the country to secure ...
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Wednesday, August 18th, 2010
Bank Mandiri has assets Rp 402.08 trillion
For the first time since its establishment, PT Bank Mandiri Tbk make a record of assets. Now, as of end June 2010, total assets, Bank Mandiri Rp 402.08 trillion.
"This is the first time exceeded the assets of Bank Mandiri Rp 400 trillion. Since established, ...
Posted in Bank Mandiri | No Comments »
Monday, March 15th, 2010
BI governor candidates
Presidential spokesman Julian Aldrin Pasha said earlier this month Yudhoyono was selecting the names of BI governor candidates. But he refused to mention names.
President Susilo Bambang Yudhoyono recently submitted three names as possible replacements for BI Deputy Governor Siti Ch. Fadjrijah, to be chosen by the House of ...
Posted in Bank Indonesia | No Comments »
Friday, March 5th, 2010
Meeting of the Board of Governors of Bank Indonesia (BI) decided to maintain the BI Rate at 6.5 percent level because they were considered consistent with achieving the inflation target in 2010 and 2011 for 5 plus minus 1 percent, according to Head of Public Relations Bureau Difi A BI ...
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Friday, March 5th, 2010
PT Bank Central Asia (BCA) Tbk still waiting out the chip quality standards that will be used on the card Teller (ATM). Currently, the standardization process it was in discussions with Bank Indonesia (BI) and the government.
Director of Bank BCA Suwignyo Budiman said chip card standard is needed to make ...
Posted in Bank Central Asia (BCA) | 2 Comments »
Wednesday, January 27th, 2010
Fitch Ratings on Monday upgraded Indonesia’s long-term foreign and local currency ratings to BB+ from BB, one level below investment grade, citing the country’s resilience to the global financial crisis.
S&P’s rating is three levels below investment grade, while Moody’s is two levels below investment grade.
Posted in Economic News | No Comments »
