Jakarta, CNBC Indonesia – The wild movement of shares in mini bank, aka small banks with core capital of IDR 1-5 trillion (BUKU II bank), has recently made the Indonesia Stock Exchange (IDX) temporarily suspend or suspend these shares.
In line with that, the Stock Exchange also requires the management of mini-banks to provide an explanation of the volatility of share prices and conduct a public exposure alias public expose (PE) insident.
In response to the request for explanation and incidental PE at the direction of the stock exchange authority, the mini bank management revealed a number of business plans and the company’s corporate actions.
In addition, the bank has also addressed issues that have been widespread lately, such as the matter of acquisitions by unicorn, fulfillment of minimum core capital by the Financial Services Authority (OJK), and digital bank narratives.
This is because these issues are a sentiment that has driven the price of mini bank shares in recent times.
Following are the plans and corporate actions of 12 mini-banks as conveyed through explanations in the IDX disclosure and incidental PE material.
NEXT: Facts about 12 Mini Banks
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