Indonesian lender BNI mulls setting up VC arm, investing in fintech

Indonesian lender BNI mulls setting up VC arm, investing in fintech

Photo: REUTERS/Garry Lotulung

Indonesian state-owned Bank Negara Indonesia (BNI) is exploring setting up a venture capital arm and begin investing in fintech startups, according to BNI director Rico Rizal Budidarmo.

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