Jakarta, July 22, 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), has officially become a Customer Fund Account (RDN) Administrator Bank along with 22 other banks. This milestone was achieved through a cooperation agreement signed by Rita Montagna, President Director of MNC Bank, and Samsul Hidayat, President Director of PT Kustodian Sentral Efek Indonesia (Indonesia Central Securities Depository or KSEI) on July 19, 2024, at the Main Hall of the Indonesia Stock Exchange, Jakarta. It was also witnessed by the management of both parties, including PT Bursa Efek Indonesia (Indonesia Stock Exchange or IDX) and PT Kliring Penjaminan Efek Indonesia (KPEI), as well as Inarno Djajadi as the Chief Executive of Capital Market of the Financial Services Authority (OJK).

An RDN account is mandatory for investors who wish to transact securities on the IDX. Previously, on December 4, 2023, MNC Bank was appointed by KSEI as an RDN Administrator Bank and capital market transaction payment bank for the period of 2024 to 2029.

With this new service, MNC Bank is targeting significant increase by acquiring new customers who actively trade and invest in securities. According to data released by KSEI in June 2024, the total number of investors in the Indonesian capital market has reached 13 million, with an average daily transaction settlement value of Rp12.3 trillion. The average investor growth rate has been recorded at 38.7% per year since 2020.