BI Keeps Eye on Three Risks to Financial System Stability

BI Keeps Eye on Three Risks to Financial System Stability

Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari) Bank Indonesia has assured that Indonesia’s financial system is in a stable condition, following the global uncertainty in 2018, but the central bank pointed out three risks that could destabilize the...
Investment Watchdog Finds 144 Unlicensed Fintech Platforms

Investment Watchdog Finds 144 Unlicensed Fintech Platforms

The Financial Services Authority (OJK) previously said it had blocked hundreds of unlicensed P2P lending websites and applications. However, unlicensed platforms could easily be established, Investment Alert Tax Force chairman Tongam L. Tobing said in Jakarta on...
BI Keeps Eye on Three Risks to Financial System Stability

Current Account Deficit Heads to 2.5 Percent of GDP: BI

Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari) Bank Indonesia (BI) Governor Perry Warjiyo said the central bank had recorded a narrowing trend in the current account deficit, which was recorded at 3.57 percent of gross domestic product (GDP) in the...
BI Records Slow Loan Growth in Q1, Projects Faster in Q2

BI Records Slow Loan Growth in Q1, Projects Faster in Q2

The Bank Indonesia (BI) logo. (Shutterstock.com/Harismoyo ) A Bank Indonesia survey has shown slow growth in loan demand in the first quarter of 2019, but the central bank projects faster growth in the second quarter. This is reflected in the net weighted balance...