Superbank Receives Rp1.2 Trillion Capital Injection from Shareholders

Superbank Dapat Suntikan Dana Rp1,2 Triliun dari Pemegang Saham

"Superbank Receives Rp1.2 Trillion Capital Injection from Shareholders"

"Dream - Superbank announced an additional investment of Rp1.2 trillion from its shareholders, including Grab, Singtel, and KakaoBank."

"President Director of Superbank, Tigor M. Siahaan, stated that his party appreciates the trust of shareholders in supporting Superbank's efforts to create innovative and relevant digital banking products and services."

"Ongoing support from Grab, Singtel, and KakaoBank, not only in terms of investment, but also cutting-edge technology, insights, and network assets to accelerate our growth. This additional investment will strengthen us in expanding inclusive financial services and easy-access financing for more retail customers and underbanked MSMEs in Indonesia,".

The text translates to: "Tigor's words are quoted from his statement, Wednesday, July 3, 2024."

This investment also reaffirms the shareholders' support for Superbank's growth potential, which is the first bank in Indonesia to provide banking services through the Grab application. Grab users and partners can open accounts, save money, and use the account as a direct payment method in the Grab application without the need to download additional applications.

Supported by an ecosystem consisting of major industry players such as Emtek Group, Grab, Singtel, and KakaoBank, this additional investment will significantly enhance Superbank's capabilities and competitiveness in the Indonesian market.

"With strong support from our ecosystem partners, we are confident that we can further enhance our role in driving sustainable growth for underbanked communities to help improve their productivity and well-being."

say Tigor.

Country Managing Director of Grab Indonesia, Neneng Goenadi, said that Grab understands the importance of introducing digital banking technology with various innovative features that are easy to access. This can help improve financial management for consumers. "Grab's support for Superbank reaffirms our joint commitment to enhancing financial inclusion throughout Indonesia," said Neneng.

Gan Siok Hoon, Managing Director of Singtel, said that this new investment round reaffirms their commitment to enhancing financial inclusion and driving digital transformation across Southeast Asia, especially in Indonesia. "We share a vision with Superbank to serve the underserved and underbanked population, and we are confident in their strong ecosystem and sustainable growth," said Gan Siok Hoon.

Chief Executive Officer of KakaoBank, Yun Ho Young, said, as a mobile-first bank and leading financial technology company with a strong global network, KakaoBank understands the transformative power of secure and easily accessible digital banking solutions.

" Our sustainable investment in Superbank strengthens our dedication to driving innovation and financial inclusion on a global scale, as well as empowering the Indonesian community through reliable financial services,"

ujarnya.

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