WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta
September 19, 20228 min
Plans to Transform the Bank into Indonesia’s Innovative Digital Bank WeLab and Astra now jointly control the bank, with a total share ownership of approximately 99.13% of BJJ All relevant regulatory approvals have been obtained, including from the Financial Services Authority (OJK) of Indonesia This transaction is Southeast Asia’s largest digital bank M&A transaction in 2022 WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together...