Indonesia
FinAccel eyes Indonesian digital banking space via Bank Bisnis deal
FinAccel, which owns Indonesian fintech Kredivo, has acquired a majority stake in PT Bank Bisnis Internasional (Bank Bisnis). The deal aimed at…
MUFG Bank increases stake in Bank Danamon
Japan's MUFG Bank has received regulatory approval from the Financial Services Authority of Indonesia (OJK) to increase its stake in…
Finastra to introduce IFRS 9 Regtech solution in Indonesia
Financial technology company Finastra is set to introduce IFRS 9 Regtech solution in Indonesia through a local government accredited data…
Indonesia’s BTPN receives merger proposal from SMBC
Bank Tabungan Pensiunan Nasional (BTPN), an Indonesian lender, has received a proposal from Japan’s Sumitomo Mitsui Banking Corp (SMBC) to…
Malaysia, Indonesia, Thailand launch local currency settlement framework
The central banks of Malaysia, Indonesia and Thailand have introduced a local currency settlement framework to promote local currencies in…
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DBS introduces mobile-only bank in Indonesia
Singapore’s DBS Bank has launched a mobile-only bank, known as digibank, in Indonesia. It makes use of modern technologies including…