Has anyone actually looked at PT Bank Fama before deciding it's a better investment than IDSB?
PT Bank Fama made $165k AUD in 2019. I can't actually locate the 2020 figures in English. There's a reason a bank is selling off 37%. The business needs the money to stay a float. Grab and Singtel plus the other buyer of 5% paid that amount because of the minimum cash requirement that the bank needs to keeps it's license.
In December last year, Bank Fama Indonesia only had 1 trillion rupiah (around US$69.5 million) in common equity. That’s 1 trillion rupiah less than the minimum limit that the bank must own by December 2021 – a limit that was set by Indonesia’s Financial Service Authority (OJK).
It pays to do some research before talking about things like you know what you're doing.
Has anyone actually looked at PT Bank Fama before deciding it's...
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| Open | High | Low | Value | Volume |
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