BRI's Low Appetite to Do Acquisition

By Editorial Team 27/01/2020
Summary

PT Bank Rakyat Indonesia Tbk has no plans to expand non-organically through bank acquisitions this year.

Bank Rakyat Indonesia President Director Sunarso said the BBRI-coded company had raised more than Rp 5 trillion in funds for corporate actions this year either by agreeing to inject capital to its subsidiaries or to make its subsidiaries' business healthy. "This year, we have no plans to do corporate action," he said.

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