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The National Bank Association (Perbanas) reminded the banking industry to improve risk management and prudential policies
A number of banks said they are ready to cut lending rates in response to Bank Indonesia's (BI) low rates policy.
Ovo announced it will start to charge an extra Rp2,500 transfer fee for balance transfers from Ovo Premier holders to any bank accounts.
TuK Indonesia announced that proof of state-owned banks funding companies that were affiliated with this year's massive land and forest fires.
Zimbabwe is grappling with the worst economic crisis in a decade.
A bank observer Doddy Ariefianto reiterated reasons why fintech firms cannot replace the role of banks as a major financial institution.
Minister Rini Soemarno failed to implement good governance in the replacement of the board of directors of state-owned banks.
Bank Mandiri files a police report against an online news site for allegedly publishing fake news about the bank.
Hong Kong banks re-opening branches closed during violent protests against a proposed extradition bill with mainland China.
Bankers are hoping that Jokowi's win will bring fresh air to the national economy, especially for banks.
Banks are preparing large investments on cyber security as digital transactions are growing rapidly.
In the end, both OVO and Go-Pay would have to place their money in banks too, LPS says.
Fintech`s growth is getting stronger along with their ambition to become investors in formal financial service institutions such as banks.
Big banks are starting to explore plans for acquisitions and mergers with small banks
Jusuf Kalla predicts that Indonesia's bank industry is heading toward consolidation, either through mergers or acquisitions.