Policy reforms in Indonesia's banking sector have transformed shareholding structures and foreign investors have scooped up local banks. But further change is needed to enable the country to cope with an anticipated economic explosion, say local bankers. Writer Michelle Price
Asia-Pacific
Latest articles from Indonesia
Indonesia mines a rich seam
September 1, 2008Banks in Indonesia are looking to commodity plays as inflation hinders growth in the region. Writer Simon Montlake in Jakarta.
No desire to become a Tiger
February 4, 2008Indonesia’s finance minister Dr Sri Mulyani Indrawati tells Neil Sen that she is aiming for sustainable growth that will ensure equality.
Outstanding forecast
February 4, 2008There is an air of excitement about progress in Indonesia’s banking sector and its prospects in the coming year. Neil Sen explains why.
Shock absorption
February 5, 2007Wendy Atkins in Bali reports on the expansion of Indonesia’s microcredit operations that have proved to be resilient depositories for the poor in times of economic crisis.
What the bankers say: Indonesia
January 2, 2006The Banker invites CEOs from around the world to discuss the economic climate in their country and institution, and their hopes for the future
Cross-border deal is clinched
August 1, 2005The upgrade of Indonesia’s sovereign rating gave momentum to a ground-breaking securitisation transaction that could be followed by others in Asia.
Bank Internasional Indonesia
August 1, 2005Boosting profits at a mid-size bank in an often turbulent market is not easy. But, with Indonesia on an upswing during a smooth political handover in 2004, Bank Internasional Indonesia (BII) discovered many opportunities to raise its game. The result was a 101% increase in Tier 1 capital to $383m and net profit almost doubled.
No distractions from sell-off momentum
March 7, 2005Indonesia’s banks are going back into private hands as the government continues with its economic reform plans, despite the huge post-tsunami rebuilding task it faces. Simon Montlake reports on progress.
Risk is beginning to lift
July 2, 2004Market players are once more eyeing up Indonesia’s banks, indicating a return of confidence but, as Tim Johnston reports from Jakarta, the long-term outlook is by no means certain.