Event | APEVC25 | Super Saver

Top Indonesian lender Bank Rakyat to merge with two state firms

Top Indonesian lender Bank Rakyat to merge with two state firms

Photo by Bank Rakyat Indonesia

Indonesia’s state-owned enterprises’ minister said on Wednesday the government is looking to merge state-controlled Bank Rakyat Indonesia (BRI) with two state financial firms in June, but the bank’s CEO said a final decision on that was still pending.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter