Bank KB Indonesia completes sale of 85% stake in KB Bukopin Finance to JB Woori Capital

Bitget2026/11/05 02:05

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Bank KB Indonesia completed the sale of 85% of KB Bukopin Finance to JB Woori Capital on November 4, 2026.
The transaction covered 135,529 shares for IDR 339.97 billion, with payment received.
The bank retained 22,704 shares, representing a 14.24% stake, down from 99.24% before the sale.
The divestment provides additional liquidity, optimizes capital allocation and sharpens the bank's focus on core banking.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Bank KB Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32182135) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bank KB Indonesia completes sale of 85% stake in KB Bukopin Finance to JB Woori Capital

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