trending Market Intelligence /marketintelligence/en/news-insights/trending/0Frz_eHONIso929l-_-yYw2 content esgSubNav
In This List

SBI Holdings buys minority stake in Indonesian bank

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


SBI Holdings buys minority stake in Indonesian bank

SBI Holdings Inc. said SBI FMO Emerging Asia Financial Sector Fund Pte. Ltd., or SBI-FMO, purchased a minority stake in Indonesia's PT Bank Index Selindo.

The Japanese company did not disclose details of its investment in its April 12 statement but said SBI-FMO now owns a 6% stake in Bank Index Selindo.

SBI-FMO Fund is managed by SBI VEN CAPITAL PTE. LTD., which is a Singapore-based subsidiary of SBI Holdings.