Global Business Guide Indonesia

Finance in Indonesia Finance in Indonesia Finance in Indonesia Finance in Indonesia Finance in Indonesia
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Finance
Banking & Finance
Banking
Microfinance
Capital Markets
Capital Market
Mutual Funds
Private Equity
Insurance
General Insurance
Health Insurance
Islamic Finance
Islamic Banking
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Indonesia Finance Snapshot - Banking

Contribution to GDP: 2.55% (Q3 2015)
Return on Assets: 2.31% (Q3 2015)
Number of Commercial Banks: 118; 4 State/Partially State Owned, 10 Foreign, 11 Joint Ventures, 28 Non Foreign Exchange, 39 Foreign Exchange, 26 Regional Development Banks (August 2015).
Number of Islamic Banks & Units: 12 Banks, 22 Units (2015)
Total Assets: 6,244 trillion IDR (Q3 2015)
Government Bodies: Bank Indonesia, Ministry of Finance, Financial Services Authority (OJK).
Relevant Law: Bank Indonesia Regulation No. 14/8/PBI/2012 on Share
Ownership in Commercial Banks limits ownership by a single local/foreign financial institution to 40%, by a non financial institution to 30%, and by an individual to 20%. Larger stake is possible with the approval of Bank Indonesia.