Indonesia's Bank Nobu-Bank MNC merger set to combine two major ecosystems

Indonesia's Bank Nobu-Bank MNC merger set to combine two major ecosystems

Credit: Creative Commons License/Nick Youngson

The potential merger of Lippo-backed lender PT Bank Nationalnobu Tbk (Bank Nobu) and MNC Group-backed PT Bank MNC Internasional Tbk (Bank MNC) will not only enable the lenders to meet the regulatory minimum core capital requirement but also combine the ecosystem of two of Indonesia’s top corporate groups.

Edited by: Padma Priya

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