All posts tagged "Bank Indonesia"
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285AML / KYCIndonesia, Brunei to Cooperate on AML/CTF in Payments
The MoU aims to strengthen policy cooperation on AML/CTF in payments. Indonesia is seeking to become a member of the FATF.
July 3, 2021 -
305Asia-Pacific
Bank Indonesia Explores CBDC as Legal Payment Instrument
The central bank is assessing which platform and technology it will use to issue a digital rupiah as a legal digital payment instrument in Indonesia.
May 27, 2021 -
857Asia-PacificIndonesia Gives Deposit Insurer Powers to Prevent Bank Failures
The Indonesia Deposit Insurance Corporation can now raise its own funding and provide temporary liquidity support to banks outside of resolution.
July 19, 2020 -
890Asia-Pacific
Indonesia’s Planned Bank Regulation Reshuffle Will Take Time
President Joko Widodo's plan to return bank oversight functions to Bank Indonesia is unlikely to be an immediate fix for the ongoing Covid-19 related challenges.
July 8, 2020 -
728Asia-Pacific
Bank Indonesia Cuts Rates, Pledges More Bond-Buying
Bank Indonesia abandoned the practice of quantitative easing in 1999 to ensure fiscal discipline in the aftermath of the Asian financial crisis.
June 22, 2020 -
895Asia-Pacific
Bank Indonesia Cuts RRR, Prepares to Buy Govt Bonds
The measures include a 200bp RRR cut for banks and a 50bp cut for Islamic banks. The central bank may also start buying government bonds in the primary market in two weeks.
April 18, 2020 -
867Asia-PacificIndonesia Has Adopted Measures to Implement PFMI: CPMI-IOSCO
Since the 2019 update, Indonesia and Saudi Arabia have finished adopting measures that will enable them to implement the PFMIs for all financial market infrastructure types.
April 9, 2020 -
1.7KAsia-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 -
831Asia-Pacific
Bank 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 -
887Asia-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
