BBCA plans to set up BCA life - Kedai Saham

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Tuesday, May 7, 2013

BBCA plans to set up BCA life

BBCA: Bank Central Asia (BBCA) [10,950 200 (+1,9%)] plans to set up BCA life and currently is waiting for approval to set up an insurance business from financial service monetary authority (OJK). BBCA [10,950 200 (+1,9%)] has allocated Rp100bn for capital of the insurance company. The bank expects the insurance business to support its wealth management business. (Kontan)

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