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Four Indonesian Leasing Firms Seeks Funding to Boost the Financing

JAKARTA (TheInsiderStories) - Four Indonesian leasing firms seeks funding with total funding Rp69.3 trillion (US$4.86 billion). PT Mandiri Tunas Finance (MTF) seeks funding up to...

Moody’s Affirms Ratings of Four Indonesian Financial Institutions

JAKARTA (TheInsiderStories) - Moody's Investors Service affirmed the Baa2 long-term local and foreign currency issuer ratings of leasing companies, PT Astra Sedaya Finance (ASF), Federal International Finance (FIF), and...

Switzerland’s Zurich Completes Adira Insurance Acquisition for US$278M

JAKARTA (TheInsiderStories) - A Switzerland insurance firm, Zurich Insurance Group, has completed the acquisition of 80 percent or 84.90 billion shares of PT Asuransi Adira...

Indonesia’s Bank Danamon Sells 70% shares of Insurance Unit to Switzerland’s...

JAKARTA (TheInsiderStories) - Indonesia’s fifth-largest bank by market capitalization,  PT Bank Danamon Indonesia Tbk (IDX: BDMN) announced that it has signed a conditional sale...
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