March 2, 2021

Info IEC

Business & Finance Information

Fintechs’ moves to acquire Indonesian banks will rev up competition: Fitch, Banking & Finance

Singapore RECENT moves by tech firms to acquire small Indonesian banks will add more colour...

Singapore

RECENT moves by tech firms to acquire small Indonesian banks will add more colour to Asean’s financing landscape, but are unlikely to pose a material challenge to the biggest incumbent lenders in the near term, said Fitch Ratings.

This comes as fintechs are likely to…





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