Jakarta, August 1, 2024 – PT Bank MNC Internasional Tbk (IDX: BABP) or MNC Bank, a subsidiary of PT MNC Kapital Indonesia Tbk (IDX: BCAP) and part of MNC Group (IDX: BHIT), today signed a Memorandum of Understanding (MoU) with PT Bank Pembangunan Daerah Sumatera Selatan dan Bangka Belitung (Bank Sumsel Babel). The ceremony was conducted by Rita Montagna (President Director of MNC Bank) and Achmad Syamsudin (President Director of Bank Sumsel Babel), witnessed by Yudi Hamka (President Director of MNC Kapital), Risye Dilianti (President Director of MNC Life), Dimas Aditya Ariyadi (Director of MNC Asset Management), along with the management teams from both sides.

This agreement demonstrates MNC Bank and Bank Sumsel Babel’s commitment to supporting each other’s business operations in various aspects, including, but not limited to, the partnerships of Call Money, Foreign Exchange & Derivatives, Global Master Repurchase Agreement (GMRA) Repo, White Labeling of MNC Credit Cards, and Loan Syndications. Additionally, Bank Sumsel Babel will explore potential collaborations with other financial units under MNC Kapital, such as MNC Life, MNC Asset Management, and MNC Sekuritas.