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May 29, 2015 1:33 PM ET

Banks

Company Overview of PT Bank Ekonomi Raharja Tbk

Company Overview

PT Bank Ekonomi Raharja Tbk provides a range of commercial banking products and services to individuals and corporations in Indonesia. It offers deposit products, including current accounts, saving accounts, and time deposits. The company also provides working capital loans consisting of demand loans and loans with promissory notes; consumer loans, such as of housing and motor vehicles loans; and investment, export import, and employee loans. In addition, it offers financial services, payments and cash management services, and trade finance to retail, small and medium enterprise, and middle market customers. Further, the company provides insurance, trade financing, treasury, foreign exchange...

Graha Ekonomi

Jl. Setiabudi Selatan Kav. 7-8

Jakarta,  12920

Indonesia

Founded in 1989

2,038 Employees

Phone:

62 21 2554 5800

Fax:

62 21 5296 1015

Key Executives for PT Bank Ekonomi Raharja Tbk

PT Bank Ekonomi Raharja Tbk does not have any Key Executives recorded.

PT Bank Ekonomi Raharja Tbk Key Developments

HSBC Seeks Strategic Options For PT Bank Ekonomi

HSBC Holdings plc (LSE:HSBA) is reviewing strategic options for its 98.94% shareholding in PT Bank Ekonomi Raharja Tbk (JKSE:BAEK)Via HSBC Asia Pacific Holdings (UK) Limited. HSBC issued a statement confirming the review following inquiries from the Indonesia Stock Exchange to Bank Ekonomi. The move is a part of HSBC’s plan to slim down and simplify its business. HSBC Asia Pacific Chief Executive Peter Wong said, "HSBC remains committed to investing and growing in Indonesia. Should the strategic review result in a disposal, the proceeds would be reinvested in Indonesia, a priority market for the HSBC Group."

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 2, 2015
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