Singtel acquires 16.3% stake in Emtek-backed Bank Fama
Singtel Alpha Investments Pte acquired a minority stake in PT Bank Fama International in a bid to pursue banking opportunities in Indonesia.
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Singtel Alpha Investments Pte acquired a minority stake in PT Bank Fama International in a bid to pursue banking opportunities in Indonesia.
JAKARTA (The Jakarta Post/Asia News Network): Business conglomerates and some of the richest individuals in the country have been flocking to invest in digital banking as consumers rapidly adopted online services during the Covid-19 pandemic.
CT Corp will own a 55% stake in the JV company while Bukalapak will hold the rest.
We are over a week into 2022 and the flurry of news so far is a promising indicator of the months ahead.
/PRNewswire/ -- Technavio's latest offering, the Indonesia Retail Market report provides a detailed analysis of the competitive scenario, drivers, trends,...