PT Bank Rakyat Indonesia Persero Tbk : Investor Newsletter - Disclosure of Information The Signing of Conditional Merger Agreement in The Framework of The Plan for the Merger of PT Bank Syariah Mandiri, PT Bank BRISyariah Tbk, and PT Bank BNI Syariah
October 13, 2020 at 10:00 pm EDT
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October 2020
BBRI Investor
NEWSLETTER
Disclosure of Information
The Signing of Conditional Merger Agreement
in The Framework of The Plan for the Merger
of PT Bank Syariah Mandiri, PT Bank BRISyariah Tbk, and PT Bank BNI Syariah
Tuesday, October 13, 2020
On October 12, 2020, parties that consisted of PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI), PT Bank Mandiri (Persero) Tbk. (BMRI), PT Bank Negara Indonesia (Persero) Tbk. (BBNI), PT Bank Syariah Mandiri (BSM), PT Bank BRISyariah Tbk. (BRIS), and PT Bank BNI Syariah (BNIS) have signed the Conditional Merger Agreement (CMA) in the framework of the plan for the merger of BSM, BRIS, and
BNIS. The agreement specifies that the merger transaction will be effective when approvals have been
obtained from the competent authorities and with due observance of the provisions of the articles of associations of each party and the applicable laws. Regarding to the CMA, BRIS will be the surviving
entity and all shareholders of BSM and BNIS will become the shareholders of the surviving entity. The
transaction does not affect BBRI's business continuity, either now or after the Merger becomes effective.
Download a full copy of the disclosure below:
https://ir-bri.com/news.html/id/801263
PT BANK RAKYAT INDONESIA (Persero) Tbk.
Investor Relations
7 th floor BRI II Building
Phone
: 62 21 5752006/09
Website
: www.ir-bri.com
Jl. Jenderal Sudirman Kav44-46 Jakarta 10210, Indonesia
Email
: ir@bri.co.id
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BRI - PT Bank Rakyat Indonesia (Persero) Tbk published this content on 14 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2020 01:59:01 UTC
PT Bank Rakyat Indonesia (Persero) Tbk is an Indonesia-based banking company. The Company focuses on micro, small and medium enterprises (MSME) and microfinance in Indonesia. Its savings products include Simpedes, BritAma, BritAma Bisnis, BritAma X, Simpedes TKI, Hajj Pilgrimage Savings Account, BritAma Rencana, BritAma Valas, Junio, Tabungan BRI Simpel and TabunganKu. The Companyâs time deposits include Rupiah Time Deposit, Foreign Currency Time Deposit and Internet Banking Deposit. Its current account includes BRI Rupiah Giro and BRI Foreign Currency Giro. Its corporate business banking services include business services, financial services, institutional services, treasury, custodian services, trustee services and cash management services. The Company operates approximately 18 regional offices, approximately 459 branches and over 579 sub-branches. The Company offers services in Borneo, Sulawesi, Maluku, Papua, Nusa Tenggara, Java, and Sumatra.
PT Bank Rakyat Indonesia Persero Tbk : Investor Newsletter - Disclosure of Information The Signing of Conditional Merger Agreement in The Framework of The Plan for the Merger of PT Bank Syariah Mandiri, PT Bank BRISyariah Tbk, and PT Bank BNI Syariah