NV III Holdings Limited acquires BUVA shares
21 Feb 2025 15:18
With this transaction, NV III Holdings Limited's portion increases from 4.3% to 9.26%.
BBKP secures loan facility of USD 300 million from Korea Development Bank
18 Apr 2024 07:56
PT Bank KB Bukopin Tbk (BBKP) has obtained a long-term loan facility worth USD 300 million from its parent company, KB Kookmin Bank Co., Ltd., under Korea Development Bank.
Loans surpass IDR 9 trillion, Bank IBK Indonesia profit soars 80%
13 Feb 2024 18:28
PT Bank IBK Indonesia Tbk (AGRS), the bank resulting from the merger between PT Bank Agris Tbk and PT Bank Mitraniaga Tbk, recorded a net profit of IDR 187 billion by the end of 2023.
Woori Bank Korea to raise SDRA’s capital in rights issue
31 Jan 2024 10:17
Woori Bank Korea, the controller of 84.2% of PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA), will exercise its entire rights in the upcoming rights issue in March 2024.
Transforming business, Bank KB Bukopin confident on 15% credit surge in 2024
22 Dec 2023 10:50
PT Bank KB Bukopin Tbk (BBKP), a private bank, now under KB Financial Group from South Korea, aims for new credit growth of 15% in 2024, which will be supported by the wholesale segment and Korean business ecosystem.
Indonesia and South Korea to use local currencies for transactions
02 May 2023 09:57
Bank Indonesia and Bank of Korea agree to use respective local currencies for bilateral transactions.