Fintech News Singapore

DBS Indonesia and Bank Central Asia Deny Merger Rumours

DBS has rejected claims that its Indonesian subsidiary could merge with Bank Central Asia (BCA) through a share exchange. The Straits Times reported that the speculation circulated on Indonesian social media as BCA shares rallied on 28 October. BCA shares rose 7.65 percent to close at Rp5,275 that day. The speculation coincided with the rally, [...] The post DBS Indonesia and Bank Central Asia Deny Merger Rumours appeared first on Fintech Singapore.

By Fintech News Singapore

1 min read
DBS Indonesia and Bank Central Asia Deny Merger Rumours
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