Bloomberg Indonesia’s central bank is considering loosening lending regulations to help stoke credit growth in Southeast Asia’s largest economy. One possible measure is to let homeowners take out loans to purchase a second property “off the plan,” or one that is pre-construction, Mirza Adityaswara, senior deputy governor at Bank Indonesia, said in an interview in Jakarta. Another option is raising …

  Reuters Malaysia’s Bank Muamalat will set up a 1 billion ringgit ($243.4 million) sukuk programme, after the Islamic lender said on Wednesday it would redeem 400 million ringgit worth of subordinated sukuk on June 15. Bank Muamalat’s new sukuk programme has loss-absorption features to meet Basel III criteria, qualifying as Tier 2 capital, rating agency RAM Ratings said in …

  Bloomberg Nigeria’s central bank is preparing to weaken its naira and abandon a currency peg that has starved Africa’s biggest economy of dollars and slowed foreign investment to a trickle. Naira forward contracts soared to record highs as traders added to bets on a weaker currency. In a retreat for President Muhammadu Buhari, who has resisted calls to let …