Himbara Banks' Market Cap Surpasses Rp1,100 Trillion, Prabowo Calls Them 'Bloodstream of Economy'
Politics

Himbara Banks' Market Cap Surpasses Rp1,100 Trillion, Prabowo Calls Them 'Bloodstream of Economy'

The combined market capitalization of Indonesia's state-owned bank group Himbara has exceeded Rp1,100 trillion, accounting for approximately 10% of the total value of companies listed on the Indonesian capital market. President Prabowo emphasized their strategic importance, referring to these banks as the 'bloodstream of the economy'.

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