Bank Negara Indonesia is raising a $600 million four-year club loan from six banks, according to people familiar with the matter, in what would be one of the largest offshore facilities from the ...

Indonesia’s central bank kept its key interest rate steady as expected, pausing an easing cycle as external risks drag on the rupiah currency. Bank Indonesia left the benchmark BI-Rate unchanged ...

JP Morgan's Henry Wibowo calls for targeted fiscal stimulus from Indonesian government to support lower- and middle-income ...

Explore Prabowo’s Red and White Cabinet, blending continuity and ambition for Indonesia’s growth, unity, and economic ...

As of 2024, Indonesia has 106 commercial banks and over 24.3 thousand bank offices. Bank Rakyat Indonesia, Bank Mandiri, and Bank Negara Indonesia are Indonesia's largest banks based on assets.

According to research by the World Bank, Indonesia will need to further boost economic expansion and create a "much larger" middle class in order to become a high-income country. However ...

JAKARTA, Oct 16 (Reuters) - Indonesia's central bank held interest rates steady on Wednesday as expected, aiming to keep inflation in check and the rupiah stable as it confronts rising financial ...

His grandfather founded Indonesia’s central bank, while his father served as minister for the economy under first President Sukarno. But his father was forced into exile for joining a failed ...

Bank Indonesia’s monetary policy will focus on maintaining stability in the short-term as a likely victory for Donald Trump in the US presidential election is set to heap more pressure on the rupiah, ...

BENGALURU, Oct 14 (Reuters) - Bank Indonesia (BI) will leave interest rates unchanged on Wednesday despite inflation falling to its lowest level since 2021, as receding expectations of aggressive ...