Evergrande Group, no funds for millionaire bank loans | International

Chinese real estate giant Evergrande, whose stock market crash in recent days has dragged stock markets across the globe, faces with uncertainty the payment of interests amounting to 84 million dollars (about 71.6 million euros) whose maturity is next Thursday. (Read. Keys to understanding the Evergrande crisis and its impact on the markets) To these […]

The pandemic has dug the world of finance. The current crisis may have worse effects than the previous one, CFOs say

“Financial institutions will be forced to rethink banking from the ground up. This will affect the way they communicate with customers, how they manage traditional products, processes, financial and risk operations, “says Dražen Tomić, SAP Financial Services Industry Director for Central and Eastern Europe, at the SAP Industry Days virtual conference: Financial Services Days During […]

Exercise Period, Time for Investors to Redeem BBRI Shares at Discount Prices

Jakarta, CNBC Indonesia – The exercise period for PT Bank Rakyat Indonesia Tbk (BBRI) shares from the corporate rights issue will begin on Monday (13/9) today until 22 September 2021. Investors who held BBRI shares until Cum-Date last September 9, today, Monday (13/9/2021) have received Rights in their portfolios. The rights will be traded until […]

The CNB commented on the payment of dividends by banks: The aggregate amount of dividends for 2019 and 2020 may amount to approximately 15% of the banking sector’s profit

In recent weeks, the Czech National Bank has completed an assessment of the capital situation of individual banks and commented on their intentions to pay dividends from profits for 2019 and 2020. For the next period, the CNB will no longer limit bank dividends results for 2021. Patria Finance analyst Michal Křikava published a sector […]

Rights Issue, BBRI Shares Will Increase in the Short Term

Jakarta, CNBC Indonesia – Shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) are considered to be able to soar in the short term triggered by a jumbo-valued rights issue. As is known, in the prospectus published Tuesday (31/8), BRI offered a maximum of 28.213 billion Series B New Shares in the name with a […]

Bank Loan Interest Rates Drop, Including Mortgages

Jakarta, CNBC Indonesia – Bank Indonesia (BI) revealed that bank lending rates have decreased, in line with the low BI 7-Day Reverse Repo Rate (BI7DRR) which is now at 3.5%. BI Governor Perry Warjiyo revealed that the basic lending rate (SBDK) for banking has continued to decline by 155 basis points (bps) since June 2020 […]

BTN Will Close 29 Office Networks Again, What’s Up?

Jakarta – PT Bank Tabungan Negara (Persero) Tbk (BTN) plans to close its 29 office network in 2021. The closure consisted of 24 cash offices, 3 sub-branches, 1 branch office, and 1 payment point. Director of Distribution & Retail Funding at Bank BTN, Jasmin, said the 29 closed office networks were located in Aceh, Java, […]

Revealed! RI Banks Still Giving Debt to Coal Rp 89 T

Jakarta, CNBC Indonesia – Banks in Indonesia are still busy providing funding for the coal industry, even reaching Rp 89 trillion. In fact, the world’s banks are currently starting to stop providing funding for the coal industry. This was conveyed by the Special Staff of the Minister of Energy and Mineral Resources (ESDM) for Mineral […]

Customer Abandoned ATM Starts, What’s This Phenomenon?

Jakarta, CNBC Indonesia – There is a new phenomenon among Indonesian customers. They are no longer busy visiting Automated Teller Machines (ATMs). The trend of banking digitalization has changed the behavior of bank customers. ATMs are no longer crowded in queues, because customers choose to transact simply by using digital technology, from cellphones or other […]