Financial Development
Financial Development For Strong and Equitable Growth: Institutional Reform and Policy Pathways For Indonesia
“A Synthesis of Eight IBC's Policy Paper Series Indonesia’s financial sector development is essential for achieving long-term and inclusive economic growth. A well functioning financial system supports efficient capital…”
Read Full Story →Leveraging The Potential of Green Financing
Climate change has recently become a worldwide hot topic as it threatens the survival of all species. Indonesia has shown its commitment to reducing CO2 carbon emissions through the ratification of…
Expanding Financial Coverage Through Non-Bank Financial Institutions
The Indonesian financial sector remains significantly smaller than those of its Southeast Asian counterparts and other emerging economies, particularly within non-bank financial institutions (NBFIs)…
Managing Non-Performing Loan Through Asset Management Companies
Non-performing loans (NPLs) have long represented a significant challenge within the global financial landscape. These loans, which occur when borrowers default on repayment commitments, can severely…
Leveling Taxation Playing Field Between Financial and Non-Financial Sectors
Indonesia’s tax expenditure, particularly in the financial sector, is significant and requires a comprehensive review. In 2022, the country’s tax expenditure reached 1.65% of GDP, with the financial…
Navigating the Road to Improve Sovereign Credit Rating
Indonesia has historically experienced volatile credit ratings, often lower than its Southeast Asian neighbors. Standard & Poor’s (S&P) rated Indonesia below investment grade until 2016, while Fitch…
Enhancing Financial Efficiency Through Banking Consolidation
Bank consolidation refers to the process of merging smaller, less efficient financial institutions into larger entities to achieve economies of scale, enhance operational efficiency, and improve…
Increasing MSME Access to Credit Through Collateral Assets and Credit Information System
Indonesia grapples with a pronounced financial inclusion deficit, particularly among Micro, Small, and Medium Enterprises (MSMEs), as evidenced by a substantial financing gap. Many MSMEs struggle to…
Financial Product Innovation to Enhance Financing Options
This policy paper is the first of eight series derived from the "Financial Development for Strong and Equitable Growth" white paper, launched in February 2024. Each paper examines key issues of…
