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Dana is a digital financial service based in Jakarta, Indonesia, which acts as a digital payment to replace conventional wallets.Founded in 2018, Dana is a digital wallet registered with Bank Indonesia with four licenses including electronic money, digital wallet, money transfer, and digital financial liquidity.
Bank Indonesia was founded on 1 July 1953 from the nationalisation of De Javasche Bank, three years after the recognition of Indonesia's independence by Netherlands. [ 4 ] For the next 15 years, Bank Indonesia carried on commercial activities as well as acting as the nation's national bank and is in charge in issuing Indonesian rupiah currency.
As a measure to cope with the scarcity of liquidity in the nation's banking system, in late 1997 and early 1998 the central bank (Bank Indonesia), as a lender of the last resort, provided liquidity assistance loans to banks. In addition, the Government instituted a blanket guarantee program for all bank liabilities, to arrest further erosion of ...
Quick Response Code Indonesia Standard (abbreviated as QRIS, the abbreviation being a play on keris, a traditional sword; Indonesian: Kode QR Standar Indonesia) is an Indonesian QR code standard developed by Bank Indonesia (BI) and Indonesian Payment System Association for cashless payments in Indonesia.
Bank Pembangunan Indonesia (Bapindo), state-owned since establishment; Bank Rakyat Indonesia was known as 1845: "Purwokertoan Assistance and Savings Bank for Native Aristocrats" (Dutch: De Purwokertosche Hulp- en Spaarbank der Inlandsche Hoofden). 1934-42: "General Public Credit Bank" (Dutch: Algemene Volkskredietbank),
Perry suggested that there may be room for further easing in months ahead saying, "Bank Indonesia thinks there is still room for accommodative policies, in line with a low inflation projection and to push for further economic growth". [11] The following month, in August, Bank Indonesia announced a second cut in the interest rate from 5.75% to 5.5%.
Such move meant the issue of an entirely new set of banknotes by the Presidential Decree of 13 December 1965 which authorised Bank Indonesia to issue fractional notes for the first time (although the Rp1 and Rp2½ notes were still issued by the government itself) in denominations of 1, 5, 10, 25, and 50 cents depicting volunteers (sukarelawan ...
Regional Development Banks (Indonesian: Bank Pembangunan Daerah, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks would not risk giving, as well as giving basic financial services ...