JAKARTA (Yosefadi) – After recently acquiring life insurer PT Asuransi Jiwa InHealth Indonesia, PT Bank Mandiri Tbk (BMRI) mulls to acquire a financial service company, to support growth, Investor Daily reported.
Bank Mandiri allocates Rp10-12 trillion for the acquisition over a company engaged in retail segment.
For supporting the growth, Bank Mandiri opts to inject capital to subsidiaries such as PT Bank Syariah Mandiri (Rp500 billion), PT Mandiri AXA General Insurance (Rp50 billion), and PT Bank Sinar Harapan Bali.
Shareholders of Bank Mandiri have approved the bank’s proposal to acquire 80% stake in InHealth for Rp1.75 trillion.
Shareholders have also approved the bank to pay dividend of Rp5.46 trillion for 2013 fiscal year, representing 30% of profit (Rp18.2 trillion).