logo
logo
Sign in

BCA's Acquisition of Rabobank with a Transaction Value of Rp 397 Billion

avatar
Berita Terkini
BCA's Acquisition of Rabobank with a Transaction Value of Rp 397 Billion

Katadata.co.id - PT Bank Central Asia Tbk (BCA) signed a sale and purchase agreement of the shares of PT Bank Rabobank International Indonesia.

"It's value will be adjusted to take into account the income or loss Rabobank Indonesia on the date of the completion of the Plan Transactions (transaction closing)," quoted from Disclosure, Wednesday (11/12).

The company also said it will examine the possibility of merging the bank that was taken over by a subsidiary company of the BCA.

Previously, President Director of BCA Jahja Setiadmaja said there are some plans related to the acquisition of the bank, that combine with the BCA Syariah, melting into the BCA, or combined with Royal Banks of which is planned to be converted into bank digital.

"We'll have to find it first, (it took) a long time.

BCA acquired Bank Royal with poured funds amounting to Rp 988,04 billion to take over the entire shares of the Bank Royal of the previous owner which is Family Happy.

collect
0
avatar
Berita Terkini
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more