17-11-2023, 06:06 AM
Prisca Ang
UPDATED 8 HOURS AGO
SINGAPORE – OCBC Bank’s subsidiary in Indonesia is buying Commonwealth Bank of Australia’s (CBA) unit in the South-east Asian country.
Bank OCBC NISP (OCBC Indonesia) will pay CBA 2.2 trillion rupiah (S$191 million) for a 99 per cent shareholding in the unit, Bank Commonwealth, and acquire the remaining 1 per cent from other shareholders.
https://www.straitstimes.com/business/oc...23-million
UPDATED 8 HOURS AGO
SINGAPORE – OCBC Bank’s subsidiary in Indonesia is buying Commonwealth Bank of Australia’s (CBA) unit in the South-east Asian country.
Bank OCBC NISP (OCBC Indonesia) will pay CBA 2.2 trillion rupiah (S$191 million) for a 99 per cent shareholding in the unit, Bank Commonwealth, and acquire the remaining 1 per cent from other shareholders.
https://www.straitstimes.com/business/oc...23-million