Investree Completes Acquisition of Amar Bank, Increases Stake to 18.4 Per Cent
This acquisition confirmed Investree as a minority stakeholder in the bank, while Tolaram Group remained a majority stakeholder
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Amar Bank (AMAR IJ)
Amar Bank (AMAR IJ)
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Analysis
Financials • Indonesia
Amar Bank is Indonesia's first pure-play digital bank, offering technology-driven financial products and services. The bank provides digital lending through its Tunaiku platform, which offers personal loans to individuals and MSMEs, and an AI-led intelligent savings platform called Senyumku. Founded in 1991 in Surabaya, the bank's current headquarters are in Setiabudi, Jakarta, Indonesia.
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