Indonesia

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The 29th annual Asiamoney Brokers Poll invited chief investment officers, fund managers and investment analysts to take part. Voters represented fund management houses, insurance companies, pension funds, sovereign wealth funds, hedge funds and wealth managers from around the world. A total of 6,540 valid individual responses from 3,100 different institutions, including 411 hedge funds, were received.

P2P lender Modalku is set on building a business based on financial inclusion – one that benefits not just its customers, but the country’s traditional banks as well.

Asian companies are facing a difficult balancing act between pursuing growth and doing good – those that get it right will please analysts and investors.

The southeast Asian country was brought to its knees 20 years ago because of the failure of its biggest banks. A generation on, the same clans are back in banking and the regulator says he isn’t fussed.

Mandiri Sekuritas

A state-owned enterprise, and one of Indonesia’s oldest banks, Bank Rakyat Indonesia (or People’s Bank of Indonesia) is setting a new standard for corporate social responsibility in the country with its partnership and community development programme under chief executive Suprajarto Suprajarto, particularly for its public sector.

Fun fact: the NISP in the name of one of Indonesia’s oldest banks, OCBC NISP, is a rare holdover from the bank’s beginnings at a time when Indonesia was a Dutch colony. The name Nederlandsch Indische Spaar en Deposito Bank, or Dutch (East) Indies Savings and Deposit Bank, might be a window into history, but as booming Indonesia marks its 73rd year of independence this year, it is with another acronym – SME – that this venerable Singapore-owned bank is making a modern impact.

During 2017 and 2018, Bank Danamon transformed what had merely been a common or garden mobile banking app into a new digital banking channel, as its D-Mobile morphed into D-Bank.