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Indonesia: Mega Corpora Runs Tender Offer Bank Harda’s Shares

JAKARTA (TheInsiderStories) - PT Mega Corpora, will conduct a mandatory tender offer for 1.1 billion shares or 26.29 percent issued and paid capital of PT...

Malaysia’s Grab, Sea Group Competing for Bank Capital

JAKARTA (TheInsiderStories) - Beside, Sea Group from Singapore, Grab and other investors eyes the digital unit owned by local lender, PT Bank Capital Tbk (IDX: BACA),...

Japan’s LINE and Mizuho Bank Prepares Digital Bank

JAKARTA (TheInsiderStories) - Japanese firms, LINE Financial Corporation and Mizuho Bank Ltd., a unit of Mizuho Financial Group, Inc., make an additional investment at LINE Bank Preparatory...

Sea Group Asks Permit to Acquire Bank Kesejahteraan Ekonomi

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) admitted the Singapore' Sea Limited (NYSE: SE) has asked permit to become the shareholder of local lender, PT...

Bank Central Asia to Launches Bank Digital BCA in Indonesia

TheInsiderStories) - The largest bank in term of market capitalization in Indonesia, PT Bank Central Asia Tbk (IDX: BBCA) targeting to launches Bank Digital BCA...

Fitch: Fintech Acquisitions May Affect Competition Among ASEAN Banks

JAKARTA (TheInsiderStories) - Recent acquisitions of small banks in Indonesia by tech firms have highlighted the potential for financial technology (FinTech) entrants to shake up the...

Indonesia’s GoJek Acquires 22% Shares of Bank Jago for US$159M

JAKARTA (TheInsiderStories) - Indonesian tech firm, GoJek, announced today has acquires 22.14 percent of the local lender, PT Bank Jago Tbk (IDX: ARTO), for Rp2.25 trillion...

Indonesia’s Bank Central Asia Injects US$71M to Bank Royal

JAKARTA (TheInsiderStories) - After convert PT Bank Royal International Indonesia become a digital bank, PT Bank Central Asia Tbk (IDX: BBCA) will injected new capital Rp1 trillion (US$71.42...

Bank Artos Indonesia Become Digital Bank

(JAKARTA TheInsiderStories) - After a long silence, PT Bank Artos Indonesia Tbk (IDX: ARTO) admitted its parent wanted to transform the small lender become...

Mckinsey: Indonesian Digital Banking will Grow Rapidly

JAKARTA (TheInsiderStories) - Digital technology will continue to transform the banking landscape of Indonesia and it will grow considerably become increasingly crucial in building...
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