Company Update: World’s Largest Nickel Smelter Project in Pomalaa, Pros and Cons of the 680,000 Rice Cooker Program

TIME.CO, Jakarta – The latest economic and business news until Monday afternoon, November 28, 2022, starting with Minister Luhut Pandjaitan who confirmed the smelter project nickel the world’s largest in Pomalaa must continue. Subsequently, there were reports of Bukalapak chief’s hopes for Song Joong Ki and the government’s debt nearly reaching IDR 7.5 trillion. Then … Read more

Note! Extended Loan Repayment Until March 2023

Jakarta – The Financial Services Authority (OJK) in the Board of Commissioners’ Meeting Thursday (2/9/2021) decided to extend the relaxation period for bank credit restructuring for a year, from March 31, 2022 to March 31, 2023. The extension of the relaxation of credit restructuring also applies to BPRs and BPRS. Chairman of the OJK Board … Read more

: Ideas to save and be able to contribute more to the payment of credits, second part

Who would not like to reduce their level of debt or catch up with payments that we have behind? I have commented that it is good to know the terms and conditions of our current loans to know what we have contracted and to be able to compare what we have acquired with the current … Read more

BCA Income Is Higher Than Bank Himbara, Erick Thohir: Not Apple to Apple

TEMPO.CO, Jakarta – Minister of State-Owned Enterprises Erick Thohir spoke about the decline in income of a number of which entered the Association of State-Owned Banks or Himbara recently. He also responded to reports that compared the revenue of state-owned banks to be smaller than that earned by PT Bank Central Asia Tbk. or BCA. … Read more

Rp 933 T of Credit Restructuring, the Biggest in the History of RI

Jakarta, CNBC Indonesia – The Covid-19 pandemic has disrupted almost all businesses, including in the banking industry. The Financial Services Authority (OJK) said the impact of the pandemic had caused banks to restructure loans, which currently have reached Rp 932.6 trillion, the largest in history. According to the Chief Executive of Banking Supervision, Heru Kristiyana, … Read more

Bank Profit Can Ambles 40%

Jakarta, CNBC Indonesia – The Financial Services Authority (OJK) noted that until August 24, 2020, the value of bank credit restructuring reached IDR 863.62 trillion. This restructuring can be in the form of postponement of interest and principal payments as well haircut depending on the conditions of each debtor and bank policy. Chairman of the … Read more

BCA Boss Calls There Are Debtors Who Failed to Pay in the Credit Restructuring Program

TEMPO.CO, Jakarta – President Director of PT Bank Central Asia Tbk. or BCA Jahja Setiaatmadja said there were a number of debtors who failed to pay in the program credit restructuring. BCA is still continuing to record and further calculate the number of debtors who are thought to have failed to pay their debts. “If … Read more

Airlangga: Credit Restructuring Extended Until March 2022

TEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto said that currently the Financial Services Authority is evaluating the OJK Regulation regarding credit restructuring. Credit restructuring can be extended not only until March 2021, but until March 2022. “So that banking capital needs due to the increase in NPL (bad credit ratio) will not … Read more