All posts tagged "Bank Indonesia"
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964Asia-PacificOJK Indonesia to Extend Payment Deadlines for MSME Loans
OJK will extend loan payment deadlines for MSMEs by up to one year and prohibit the use of debt collection services, while Bank Indonesia asks banks to lower lending rates.
March 25, 2020 -
339Asia-PacificBank Indonesia Cuts Rates Again, OJK Demands Leniency for Borrowers
Banks have also been told not to use debt collectors during the Covid-19 pandemic, and to instead help customers by restructuring existing debt and granting new subsidised loans.
March 23, 2020 -
261Asia-PacificIndonesia Triggers Circuit Breaker, Suspends Pre-Opening Session
IDX halted trading to end Thursday, just a day after tightening the circuit breaker mechanism. The pre-opening session is suspended until further notice.
March 13, 2020 -
298Asia-PacificIndonesia Halts Short Selling, Cuts Reserve Requirements
Short selling was halted to stop panic selling after the first two cases of Covid-19 were detected in the country. Separately, the central bank has introduced 5 new policy measures.
March 3, 2020 -
456Asia-PacificPhilippines, Indonesia Sign MOU on Payments, Digital Innovation
The MOU aims to provide a framework for closer cooperation between the Philippine and Indonesian central banks to achieve enhance their payment systems and promote digital financial innovation.
February 4, 2020 -
370Asia-Pacific
Indonesia Integrates Nine Bank Reports into Single Mechanism
The integration aims to minimise redundant and inconsistent information, while simultaneously improving bank operational efficiency and the quality of reported data.
December 20, 2019 -
374Asia-PacificJapan, Indonesia Agree to Local Currency Settlement for Trade, Investment
Japan and Indonesia have agreed on a local currency settlement deal that will allow the use of the yen and rupiah to settle bilateral trade and direct investment transactions.
December 6, 2019 -
507Asia-Pacific
Indonesia Announces Rules for the Establishment of CCPs
The new rules from Bank Indonesia will take effect from June 2020, but the first CCPs for derivatives markets are unlikely to be operational until 2023.
October 4, 2019 -
893Asia-PacificSingapore, Indonesia to Launch Cross Border QR Payments
Singapore's Liquid Group and Indonesia's CIMB Niaga have established a partnership to accelerate adoption of cross border QR payments.
June 27, 2019 -
1.3KAsia-Pacific
Indonesia Unveils Payment System Roadmap, Launches QR Code System
Bank Indonesia’s roadmap for the payments system includes plans for open banking, real-time retail payments and a digital ID system.
May 29, 2019
