Tag: bank indonesia

The agreement between the two central banks aims to boost bilateral cooperation in areas such as payments and anti-money laundering.

Part of the ‘second wave’ of IFRS9 late adopters, Indonesia is finding that time is running out even on its extended 2020 deadline. A European fintech provider, however, says its software could make it smoother.

Bank Indonesia governor pledges to reduce reserve burden for Islamic banks and those holding foreign currency deposits, in move to reduce the impact of US rate hikes.

Bank Indonesia plans to allow major lenders to offer call spreads to firms that need to hedge currency risks, a move that could cut hedging costs in half for some firms.

Bank Indonesia has said that it will intervene in the FX market to stop dangerous levels of appreciation after passage of a tax amnesty law.

In an effort to reduce the costs of funding for firms to single-digit levels, Indonesia will use a new policy rate framework to guide the country’s interest rates. It is not clear whether banks will expand credit in response.

Bank Indonesia’s no-dollar rule for cash and non-cash domestic transactions is in effect, exposing some treasurers to more rupiah volatility. They are looking closely at the policy’s exemptions and grace measures to see if they can escape its clutch.

Indian banks given power to own defaulting companies; Bank Indonesia uses fines and foreign exchange regualtions to tackle declines in rupiah; Hong Kong banks are targeted for Anti-Money-Laundering violations

Regulators in Indonesia are spooked and responding to what they fear is the second coming of the Asian Financial Crisis. Corporates are suffering as a result.

The Indonesian central bank answered several questions about new hedging rules that came into effect this year, revealing some testing standards that must be met.

Corporates in Indonesia are concerned over new Bank Indonesia rules designed to limit exposures to foreign debt, calling one particular provision “ridiculous”.

Bank Indonesia is planning to changes its existing definition of deposit in a bid to cool off an interest rate war in the country and increase bank liquidity.