#Banking
BNI announces new figures in top leadership
The Annual General Meeting of Shareholders of State-owned PT Bank Negara Indonesia (BNI) on Wednesday, March 26, 2025 formally appointed Putrama Wahju Setyawan as the bank’s President Director and Alexandra Askandar as Deputy President Director.
Perry Warjiyo
Perry Warjiyo was born in 1959 in Sukoharjo. He is the current Governor of Bank Indonesia. During his early years, he studied in Public Elementary School (SDN) Gawok, Sukoharjo then continued to Public Junior High School (SMPN) Gatak, Sukoharjo, later continued to Public Senior High School (SMAN) 3 Surakarta. He studied S1 at the Faculty of Economics, Universitas Gadjah Mada (UGM) and graduated in 1982. He continued with Masters and PhDs in Monetary and International Economics from Iowa State University, United States in 1989 and 1991. In his youth, he claimed to be a child of poor farmers.
Banks asked to prioritize ESG investments for renewable energy financing
A government policy think tank has suggested that Indonesian banks should increase their investments in Environmental, Social, and Governance (ESG) sectors as a key entry point to accelerate the country’s renewable energy transition.
Banking as a Service Drives Financial Inclusion in Indonesia
Banking as a Service (BaaS) is reshaping Indonesia’s financial ecosystem by enabling non-banking entities to offer regulated financial products to millions of underbanked individuals. This innovation is at the forefront of transforming digital banking across the archipelago.
Audax-AWS to drive Maybank Islamic’s digital transformation in Indonesia, ASEAN
Audax Financial Technology (“audax”), a digital banking technology solutions provider backed by Standard Chartered, has been appointed by Maybank Islamic Bhd, the Islamic banking arm of the Maybank Group, as partner to spearhead the digital transformation of its banking services.
Banking credit risk in the mining sector remains under control: Analyst
Banking financing for the mining sector in Indonesia has continued to show good performance, particularly in regards with the relatively low non-performing loans (NPL), significantly making the sector still attractive to banks, despite global challenges that affect economic performance.
Bank Mandiri plans to increase financing in the mining sector
PT Bank Mandiri (BMRI) has planned to increase financing in the mining sector, taking advantage of available opportunities as many other banks avoid jumping into this sector financing.
Perry: Room to lower BI-Rate still open, focus on sustaining rupiah stability
Governor of the Indonesian Central Bank (BI), Perry Warjiyo, says that the room to lower the BI-Rate benchmark interest rate is still open in the future.
QRIS raises the bar on competition between digital wallets and banks
The competition in the digital wallet (e-wallet) industry is entering a new phase. The introduction of the Quick Response Code Indonesian Standard (QRIS) payment system is making the competition landscape more complex, as this instant payment feature is also being developed by banks.
Government plans debt write-off for small-medium enterprises
President Joko Widodo recently led a closed-door meeting to discuss the restructuring of credits for Micro, Small, and Medium Enterprises (MSMEs).