Digital banks in the first half

Those claiming themselves digital bank in Indonesia such as Bank Jago (ARTO), AlloBank (BBHI), and Bank Neo Commerce (BBYB) have retreated significantly from their respective peak with Bank Jago (ARTO) down 46%, AlloBank (BBHI) fell 56%, and Neo Commerce (BBYB) lost 54%. Still, ARTO’s last value of Rp145 trillion and BBHI’s Rp76 trillion might be considered too expensive.To subscribe please click here