Search result for: "BBNP"

Mitsubishi UFJ FInancial Group (MUFG) would overwhelm 40.69% shares of Bank Danamon, Tbk (BDMN IJ) after the acquisition of Bank Nusantara Parahyangan, Tbk (BBNP.

Mitsubishi UFJ Financial Group Inc (MUFG Group), a holding of PT Bank Nusantara Parahyangan, Tbk (BBNP IJ), allocated fund up to 100 billion yen or equivalent to USD893.4mn, for banks acquisition in Indonesia. Company’s acquisition plan in Indonesia is part of inorganic growth in Asia and United States, since business in Japan are getting saturated.