Episode 66: Indonesian banking sector outlook
Indonesia, the biggest economy in SE Asia and had been growing at a rapid pace. However, it has been suffering terribly since the beginning of the COVID-19 pandemic and will experience a significant recession. Angus Lam and Rajiv Biswas sit down to discuss the banking sector, policies and laws put in place to support the sector and boost lending, and the possibility for mergers and consolidations for the sector. They wrap up with a look forward to 2021 for the country and the sector outlook for the next 2-3 years.