Banking on Growth 2017 - Indonesia | CNBC Asia Pacific | 15 August 2017 | Jakarta, Indonesia, Kota BNI, Jalan Jendral Sudirman Kav 1, Kota Jakarta Pusat, Daerah Khusus Ibukota Jakarta 10220, Indonesia
Venue
Jakarta, Indonesia
Jakarta, Indonesia, Kota BNI, Jalan Jendral Sudirman Kav 1, Kota Jakarta Pusat, Daerah Khusus Ibukota Jakarta 10220, Indonesia
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| Event Date |
Tue Aug 15 HKT (over 7 years ago)
In your timezone (EST): Tue Aug 15 12:00am - Tue Aug 15 12:00am |
| Location |
Jakarta, Indonesia
Kota BNI, Jalan Jendral Sudirman Kav 1, Kota Jakarta Pusat, Daerah Khusus Ibukota Jakarta 10220, Indonesia |
| Region | APAC |
Details
Indonesia's banking industry is at a crossroads.
While lending activity is slowly picking up, years of sluggish growth and weak commodity prices have pushed up the number of bad loans in the sector. Rating agency S&P estimates that weak loans are now around 11 percent of the total credit in Indonesia; the highest in Asia. At the same time, emergence of Fintech companies is intensifying competition in the consumer banking space.
How can Indonesia's banking sector cope with the challenges? Is the country able to achieve its target of offering financial services to three-quarters of its population by 2019? We'll assess the state of the banking industry in Southeast Asia's largest economy with our panel of guests.
Speakers
2017 PANELIST
Thomas Trikasih Lembong
Chairman, Indonesia Investment Coordinating Board (BKPM)
Kartika Wirjoatmodjo
Chief Executive Officer, Bank Mandiri
Vera Eve Lim
CFO & Director, Bank Danamon
• MODERATOR
Martin Soong
Anchor, CNBC
Sponsors & Partners
2017
• PRESENTING PARTNER
SIXCAP