Recent Articles
SeaBank shows profitability, but digital banks still face a reality check
For the full year 2024, SeaBank reported a net profit of Rp370.3 billion, a substantial jump from previous years. Total assets reached Rp34.7 trillion, with net loans of Rp19.6 trillion and third-party funds (DPK) of Rp26.6 trillion.
Business
SeaBank shows profitability, but digital banks still face a reality check
For the full year 2024, SeaBank reported a net profit of Rp370.3 billion, a substantial jump from previous years. Total assets reached Rp34.7 trillion, with net loans of Rp19.6 trillion and third-party funds (DPK) of Rp26.6 trillion.
Profiles
Sea Group Digital Empire in Indonesia
Garena, the digital entertainment arm of Sea Group, has achieved tremendous success in Indonesia through its game Free Fire. Since its release in 2017, Free Fire has become a national phenomenon as it can be played on almost all types of devices, including low-spec smartphones. This has opened wide access for the public, including children in areas with limited access to advanced technology.