Standard Chartered, United Overseas Bank , TA Research and OCBC are "losing ground" in Indonesia , according to a report by United Overseas Bank . The four foreign banks have seen their net interest income shrink for a year ago , with lower income from other assets and rising costs. However, TA also noted that these foreign banks have been growing more business and corporate-based loans. The report also showed combined loan growth has eased, with lending in credit card advances and hire-purchase loans showing the sharpest decline.
Standard Chartered, United Overseas Bank , TA Research and OCBC are "losing ground" in Indonesia , according to a report by United Overseas Bank . The four foreign banks have seen their net interest income shrink for a year ago , with lower income from other assets and rising costs. The report also showed combined loan growth has eased, with lending in credit card advances and hire-purchase loans showing the sharpest decline.