JAKARTA (Yosefardi) – PT Bank KEB Hana, a merger entity of PT Bank Hanna and PT Bank KEB Indonesia, plans to acquire local bank within next 10 years, to enter into the largest 20 banks in Indonesia.
The Financial Services Authority (OJK) has approved the merger entity, Bank KEB Hana, controlled by Hana Financial Group.
The merger entity has assets of Rp13.2 trillion, the largest Koran banks operating in Indonesia.
In 2013, Bank Hana and Bank KEB Indonesia disbursed loan of Rp9.8 trillion and target to boost loan this year by 27% to Rp12.45 trillion. While third party funds is targeted to grow by 25% from Rp7.7 trillion last year.