Media outlets have generally pointed to Salim Group as owner of Bank INA Perdana (BINA), a small bank with total assets of Rp2.9 trillion only. Salim’s name contributed to around 600% gain in BINA shares year-to-date. At the current price, Bank INA already has market ‘value’ of Rp6.8 trillion or 5.7 x equity as at June 30.To subscribe please click here
