Daily BriefsIndonesia

Daily Brief Indonesia: Superbank and more

In today’s briefing:

  • Superbank IPO Trading: Strong Backing and Fast Growth Should Aid Valuations


Superbank IPO Trading: Strong Backing and Fast Growth Should Aid Valuations

By Hong Jie Seow

  • Superbank (SUPA IJ) has raised US$168m in its Indonesia IPO.
  • Superbank is a digital bank in Indonesia operating through a combination of ecosystem-led distribution and its own standalone mobile application.
  • In our previous note, we looked at its past performance and valuations. In this note, we will talk about the trading dynamics.

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