Bank Rakyat Indonesia

Indonesia’s banks breathe easier after rate cuts, but cracks in retail credit remain

Liquidity relief boosts lending, though weak consumer loans and policy risks weigh on sentiment

Danantara seeks to hire advisers to help set up a new firm that will combine the asset managers of Bank Rakyat Indonesia, Bank Mandiri and Bank Negara Indonesia.

Indonesia’s Danantara weighs creating 133-trillion-rupiah asset manager: sources

The sovereign wealth fund wants to build a bigger asset manager to compete locally and across the region

Indonesia's Finance Minister Purbaya Yudhi Sadewa said that the ministry currently has 250 trillion rupiah deposited at the Indonesian central bank.

Indonesia considers further liquidity injection for state banks

Finance minister says government still assessing impact of 200 trillion rupiah liquidity boost for state banks

This MOU comes amid heightened activity in the secondary market in South-east Asia, as venture capital fund lives come to an end and early-stage investors start to look towards selling their stakes.

Fundnel, BRI Ventures to launch new fund for Indonesian startup investment

PRIVATE investment technology platform Fundnel Group on Monday (May 9) signed a memorandum of understanding (MOU) with BRI Ventures (BVI), state-owned Bank Rakyat Indonesia’s corporate venture capital...

Indonesia's oldest bank taps veteran venture capitalist

Indonesia's oldest bank taps veteran venture capitalist

[SINGAPORE] When Nicko Widjaja was hired to run the venture capital arm of Indonesia's biggest telecommunication services provider in 2015, corporate venture capital investing had a reputation for bei...

Indonesia weighs merging Islamic banking units, but 2 banks say no plan yet

Indonesia weighs merging Islamic banking units, but 2 banks say no plan yet

[JAKARTA] Indonesia's state enterprises ministry and financial regulator are talking about potentially merging the Islamic units of three state-controlled banks, but two of them said they have no plan...

Jakarta plans to form holding firm for state banks by 2018

Jakarta plans to form holding firm for state banks by 2018

THE Indonesian government plans to form a holding company that will own shares in all of the country's state-controlled banks by 2018 in a bid to make lenders more efficient and boost equity, an offic...

Indonesia stock index falls 2% to its lowest since March 2014

Indonesia stock index falls 2% to its lowest since March 2014

[JAKARTA] Indonesia's benchmark stock index fell 2 per cent on Tuesday to its lowest level since March 2014, leading the declines in Southeast Asian stocks after China allowed its currency to fall.