The Inevitability of Bank Consolidation

By Editorial Team 16/12/2019
Agreement
Summary

  • Several bank ownership changes took place in 2019. A Japan-based company, Sumitomo Mitsui, for example, purchased Bank BTPN, while Bangkok Bank acquired Bank Permata. On the other hand, BCA is now the owner of Bank Royal and Rabo Bank.
  • Bank consolidation is still naturally happening, considering the Indonesian finance authority keeps pushing regulations to strengthen the banking capital. One of them regulates the implementation of PSAK 71 at the beginning of 2020 to improve CKPN.
  • However, some of them are focusing on developing digital banking. Bank consolidation with fintech companies will be one of many encouraging developments in the banking industry in the future.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.