Reported about 19 hours ago
Super Bank Indonesia, backed by Grab and other investors, is reportedly considering an initial public offering (IPO) in Jakarta this year, aiming to raise between $200 million and $300 million. The company, a part of PT Elang Mahkota Teknologi, seeks a valuation of $1.5 billion to $2 billion. While deliberations are in the early stages and details may change, the potential listing highlights the growing digital banking sector in Indonesia.
Source: YAHOO