CT: Allo Bank Will Dominate Digital Banking in Three Years

By Editorial Team 20/05/2022
digital banking concept
Summary

PT Allo Bank Indonesia Tbk (BBHI) appointed Indra Utoyo as the president director at the shareholders' meeting held on Thursday. The meeting also approved the appointment of economist Aviliani as the independent president commissioner. On the other hand, CT Corp chairman Chairul Tandjung, the bank's largest shareholder, revealed that Allo Bank's digital banking app would be launched on Friday.

Chairul Tandjung is determined to transform Allo Bank into a superapp in three years. The app will provide various services and benefits such as pay later and cash services, namely loans and installments with a maximum limit of Rp 100 million. "It has to be profitable in the future because Allo Bank is different, not one that burns cash like most other digital companies," Chairul Tanjung said at a press conference in Jakarta on Thursday.

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