Foreign Banks' Business in Indonesia is Excellent, Here Are the Supporting Factors

BANKING - JAKARTA. Foreign Bank Branch Offices (KCBLN) in Indonesia, also known as foreign banks, continue to demonstrate impressive performance. Their business is primarily supported by the credit of their multinational corporate customers.

Even though in recent years, these foreign banks have occasionally withdrawn from Indonesia or merely sold off parts of their business, the potential for their brands in the country is still believed to be promising.