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OCBC Acquires Indonesian Lender PTBC
(3 May 2024 – Indonesia) OCBC has finalised its acquisition of CommBank’s Indonesian banking outfit PT Bank Commonwealth Indonesia (PTBC). PTBC was established in 1997 as a joint […]
(3 May 2024 – Indonesia) OCBC has finalised its acquisition of CommBank’s Indonesian banking outfit PT Bank Commonwealth Indonesia (PTBC). PTBC was established in 1997 as a joint […]
(31 March 2024 – Indonesia) Developing East Asia markets and Pacific economies have been warned by the World Bank to brace for slowing growth. Higher-for-longer interest rates and […]
(18 November 2023 – Indonesia) OCBC Bank, through its Indonesian subsidiary PT Bank OCBC NISP Tbk, bought 99 percent of shares in PT Bank Commonwealth (PTBC) from the Commonwealth Bank […]
(28 August 2023 – Indonesia) Bolstering South East Asia’s renewable energy manufacturing capacity would generate US$100 billion in revenue, new jobs and meet growing energy demand according to […]
(9 March 2023 – Indonesia) Trade Finance technology specialist Surecomp announced Bank BTPN is live with its proprietary digital solution “Doka” to initiate streamlined back-office trade finance processing. […]
(23 August 2022 – Indonesia) Sumitomo Mitsui Financial Group (SMFG) is mulling a rival bid for PT Bank Pan Indonesia (Panin Bank) as competition heats up between Japan’s […]
(5 August 2022 – Indonesia) DBS has appointed Lim Chu Chong as president director of PT Bank DBS Indonesia, commencing immediately. Subject to regulatory approval, Lim will succeed […]
(29 March 2022 – Indonesia) Indonesian peer-to-peer lender Amartha is in talks to acquire 70 percent of a local bank PT Bank Victoria Syariah. The deal, if it […]
(15 March 2022 – Indonesia) Tech-based lenders are enthusiastically tapping into syariah banking in Indonesia, betting on an underpenetrated market with a potential customer base of 45 million. The […]
(5 October 2021 – Indonesia) US venture capital firm Ribbit Capital, a fintech solution partner of Walmart, has bought a minority stake in a Jakarta-based digital bank, Bank […]