Biggest Indonesian banks ordered to set aside extra capital to reduce risk
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Jakarta
INDONESIA'S banking watchdog has instructed the biggest banks to set aside more capital this year in an effort to reduce risks to the financial sector.
The Financial Services Authority (OJK) said on its website it will rank systemically important banks (SIBs) based on their size, interconnectedness with the financial system, and the complexity of their business.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
