Banking

Banking

The Indonesian banking sector continues to strengthen after a lengthy period of expansion. Business remains sound with sufficient capital to support credit growth, and the regulatory environment setting up the industry for further expansion. Questions about consolidation and foreign participation remain, and the structure of the sector going forward is a matter of debate. Economic concerns also hang over the banks, but participants are confident the institutions themselves are sound. As long as Indonesia continues to refine its laws to encourage competition, the sector should remain on the course it has charted for a decade and become more inclusive.

This chapter contains interviews with Sumit Dutta, CEO, HSBC Indonesia; Jahja Setiaatmadja, CEO, Bank BCA; and Budi G Sadikin, President-Director, Bank Mandiri.

Cover of The Report: Indonesia 2015

The Report

This chapter is from the Indonesia 2015 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Sumit Dutta, CEO, HSBC Indonesia
Sumit Dutta, CEO, HSBC Indonesia: Interview