FLGS - Global Finance Report

an international agency, Fitch Ratings, raised ratings of eight banks in Indonesia from BB to BB +. this shows, the first quarter of 2009 despite the world situation is still not recovered from the crisis, the financial performance of banks in Indonesia is quite good.
Eight banks increased their ranking by Fitch Ratings on Wednesday (27/1/2010), [...]

Bank Indonesia (BI) ready to facilitate national banks will expand internationally.
BI Deputy Governor Muliaman D Hadad said, his department saw the condition of the national banking system is now strong enough and get the trust of the community. This is the opportunities for banks that will begin to look the global market.
“We need not lose [...]

- Starting in 2010, Indonesia’s banking top position shopping list more aggressive. They will acquire a number of banks in the ASEAN countries. Indonesia’s banks top position of their shopping list. During this January, two Indian-owned banks that have declared his intention to buy bank in Indonesia, namely the State Bank of India (SBI) and [...]

The government’s lack of an appropriate strategy to manage the flow of funds into the country to revive the real sector.
So that the funds come from outside will only be hot money, where if the conditions in the volatile country such hot money could easily go to other countries.
“What we do not have what the [...]