THE COMPANY: The Report: Indonesia 2010 indicated that XL Axiata’s (EXCL) positive growth in the first half of 2010 would provide a clear picture of the company’s future. On the back of strategic initiatives, EXCL recorded revenue increases in 2010, which helped to improve share values. EXCL’s...
Despite a turbulent history in financial services, Indonesia has plenty to offer overseas bankers. Some of what is compelling has long been so, such as the huge potential inherent in the world’s fourth-most-populous nation. Indonesia has for decades had a significant and largely untapped customer base – only about 20% of the country’s adults have...
The local banking sector has undergone many improvements since the 1997-98 Asian financial crisis. Risks are now being more carefully managed at the regulatory and individual bank levels, with strong incentives to manage credit portfolio losses. Perhaps as a result of these changes, the ratio of non-performing loans (NPLs) has declined over the last...
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