Intellect Design Arena confirmed that its recent WealthQube Win in Indonesia is for bank BRI. Intellect s wealth platform, WealthQube, will underpin the Digital Transformation of Wealth
Management at PT Bank Rakyat Indonesia (BRI).
Intellect Wealth Qube has been designed to deliver the 2020 Advantage- i.e., 20% increases in
Relationship Manager (RM) productivity and 20% reduction in business operating costs year-on-year.
By
increasing the sales productivity and lowering the operating costs, Intellect allows financial institutions
to serve a larger market size. It does so by fully empowering RM to service the customer at the
convenience of the customer. An empowered RM is Intellect s promise.
Bank Rakyat Indonesia chooses Intellect Wealth for Digital Transformation
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Why Intellect Design Arena share rose over 6% today
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Indonesia’s biggest lender BRI said to be planning $1b rights issue
Photo by Bank Rakyat Indonesia Premium
PT Bank Rakyat Indonesia, the country’s largest lender by assets, is exploring a plan to raise at least $1 billion through a rights issue, according to people with knowledge of the matter.The state-owned bank is working with advisers on the potential fundraising, which could take place as soon as the first half of this year, said one of the people, who asked not to be identified as the information is private. The lender plans to strengthen its capital base to prepare for potential acquisitions with the proceeds, the people said.