ENTITY
Allo Bank Indonesia

Allo Bank Indonesia (BBHI IJ)

55
Analysis
Financials • Indonesia
PT Allo Bank Indonesia Tbk is an Indonesia-based digital bank providing a wide array of banking products and services. Its offerings include digital savings accounts like Allo Prime and Allo Grow, e-money products Allo Pay and Allo Pay+, digital credit through PayLater and Instant Cash, and digital time deposits. The bank also facilitates fund transfers, cardless cash withdrawals, QRIS payments, and biller payment services. Allo Bank Indonesia was founded in 1992 and is headquartered in Jakarta, Indonesia.
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bullish•Grab
•25 Jan 2022 15:11

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The move by Grab and Singtel to take a combined 32.52% stake in Bank Fama, owned by Emtek Group, signals a significant strategic move in digital...

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bullish•Bank Jago
•14 Jan 2022 17:37

CrossASEAN Digital - All Rise Indonesia's Digital Banks

The recent Allo Bank Indonesia transaction exemplifies the rush to build digital banking capabilities in Indonesia with a strong shareholder...

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725 Views
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bullish•Bukalapak
•10 Jan 2022 10:18

Bukalapak (BUKA IJ) - Enhancing Financial Offerings

In a positive move, Bukalapak has announced that it will participate in the upcoming rights issue of a new digital bank Allo Bank, its first direct...

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•26 Oct 2021 22:55

Bank Central Asia – Substantial Credit Delta Improvement

BANK CENTRAL ASIA : BCA reported a 3Q21 QOQ results increase of 17.9%, driven by justifiable credit leverage. 3Q21 net new NPLs decelerated from...

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•23 Jul 2021 05:38

Bank Central Asia – Good, But New Credit Challenges Ahead

BANK CENTRAL ASIA: BCA reported a 5.3% QOQ 2Q21 results increase. Despite the 92.4% net new NPLs increase, we calculate that loss reserves are...

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