The story about transformation into digital bank lifted the shares of Bank Neo Commerce (BBYB) from below Rp300 in early 2021 to as high as Rp2,800 in December 2021 to make a market capitalization of Rp34 trillion, more than 10 times of the bank’s equity back then. Abracadabra! Bank Neo Commerce joined the Unicorn Club.To subscribe please click here
