Salim Group Entities Bank INA & Jagadiri Forge Synergy for Mortgage Customers
Indonesia's Salim Group entities, Bank INA and insurer Jagadiri, have officially launched a business synergy offering Credit Life Insurance (AJK) for Housing Loan (KPR) customers. This ensures outstanding mortgage debts are covered by insurance if the borrower dies during the loan term, alleviating financial burdens for surviving families.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- State-Owned Enterprise Dividends Worth IDR 200 Trillion to be Reinvested by Danantara
Danantara Asset Management (DAM) announced a plan to reinvest approximately IDR 200 trillion (US$12 billion) in dividends generated from its under-management State-Owned Enterprises (BUMN). This strategy aims to secure a sustainable investment base for BUMN.
- Bank Mandiri Loan Fuels Haji Isam's Bayan Acquisition
Indonesian state-owned lender Bank Mandiri provided an unusual loan to Haji Isam, linked to the acquisition of coal giant PT Bayan Resources. This loan raises questions about complex corporate dealings and the magnate's influence.
- Indonesia Nears Renewable Energy Target with Geothermal Power Plant Capacity Upgrade
Star Energy Geothermal Darajat II, a subsidiary of PT Barito Renewables Energy Tbk, has completed the retrofit of its Darajat Unit 3 geothermal power plant in Garut, West Java, increasing its capacity from 122 MW to 130.55 MW. This achievement brings the company closer to its target of 1 gigawatt (GW) of geothermal installed capacity by the end of 2026.
- Hermanto Tanoko's BLES Sees 484% Profit Surge
PT Superior Prima Sukses Tbk (BLES), a portfolio company of Hermanto Tanoko, reported a significant 484% year-on-year increase in net profit to Rp 284.32 billion for the first nine months of 2026, driven by strong sales of lightweight bricks.