Denies News Of Plans To Take Over Prima Bank, Bank Mandiri: No Acquisition Plans Yet

JAKARTA - The management of PT Bank Mandiri (Persero) Tbk has raised their voice regarding the news of the acquisition of Prima Bank Surabaya. The bank with the gold ribbon logo also denied the news.

"Until now, Bank Mandiri has no plans to take corporate actions in the form of bank acquisitions," said Bank Mandiri Corporate Secretary Rudi Asaturridha in an information disclosure to the Indonesia Stock Exchange, Friday, August 12.

Even so, said Rudi, in developing its business, Bank Mandiri will review all possible options or strategies. As well as any opportunities that open in the market.

However, continued Rudi, this is in accordance with the objectives or objectives with the target market's expectations. "And in line with Bank Mandiri's long-term transformation strategy," said Rudi.

Previously, it was reported that Bank Mandiri was in talks to acquire a sizable stake in PT Prima Master Bank (Prima Bank). In a report from DealStreetAsia quoted on Wednesday, August 10, several sources with knowledge of developments related to the acquisition said they were in discussions regarding the acquisition. Earlier, the Singapore-based media reported last month that Chinese fintech firm Jianpu Technology and an unnamed Indonesian lender are in separate early-stage discussions to acquire a minority stake in Bank Prima Master. , Bank Mandiri's discussions are said to be moving faster," said a source in the DealStreetAsia report.