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Morning Briefing: Investors Await CAD Data in 3Q 2019

JAKARTA (TheInsiderStories) - Good Morning! After posted current account deficit (CAD) widened to US$8.4 billion or 3 percent of the gross domestic products (GDP) in...

FSA: British’s Stanchard, Astra to Releases Bank Permata Shares

JAKARTA (TheInsiderStories) - After un-clarified, last week, Indonesian Financial Service Agency admitted that British' Standard Chatered Plc (Stanchard) and publicly listed company, PT Astra...

Singapore’s DBS Join the Race to Acquires Bank Permata Shares

JAKARTA (TheInsiderSTories) - Singapore' DBS Group Holdings Ltd. is considering joining the race to acquire PT Bank Permata Tbk (IDX: BNLI), Bloomberg reported today (10/09). The Indonesian...

Indonesia’s Bank Mandiri Plans to Sell 40% Mandiri Axa General Insurance

JAKARTA (TheInsiderStories) - One of the largest bank in Indonesia, PT Bank Mandiri Tbk (IDX: BMRI) plans to sell all shares of PT Mandiri...

Indonesia’s Bank Mandiri Conducts Due Dilligence to Acquire Bank Permata

JAKARTA (TheInsiderStories) - Indonesian state-owned lender, PT Bank Mandiri Tbk (IDX: BMRI) finally confirmed that it plans to acquire PT Bank Permata Tbk (IDX:...

Moody’s Affirms Bank Permata’s Baa3 Ratings with a Stable Outlook

Singapore (TheInsiderStories) - Moody's Investors Service has affirmed Bank Permata Tbk (P.T.)' long-term local and foreign currency deposit ratings of Baa3, as well as its Adjusted Baseline...

British’s Stanchard Considers to Releases Bank Permata Shares

JAKARTA (TheInsiderStories) - British lender Standard Chartered PLC (Stanchard) has considers to eliminate residual drags on returns from low-returning markets, including India, Korea, the UAE...

Bank Permata Sells 25% Share in Astra Sedaya Finance

JAKARTA (TheInsiderStories)—PT Bank Permata Tbk (IDX: BNLI) sold 25 per cent stake in PT Astra Sedaya Finance (ASF) to PT Astra International Tbk (IDX:...

Bank Permata to Sell NPL

JAKARTA (TheInsiderStories)—PT Bank Permata Tbk (BNLI) plans to sell its non-performing loans (NPL) at the value of Rp1 trillion-Rp1.5 trillion as a way to...

U.S Farallon Would Buy Bank Permata’s Shares?

JAKARTA (TheInsiderStories) - American investment company Farallon Capital Management L.L.C. is reportedly seeking to buy a 44.6 percent stake in local lender PT Bank...