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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Despite delay, Bumiputera may still get fresh funds

  • Prima Wirayani

    The Jakarta Post

Jakarta | Sat, May 20 2017 | 12:24 am

PREMIUM Life insurer PT Asuransi Jiwa Bumiputera (AJB) expects to get Rp 2 trillion (US$149.9 million) in fresh funds soon for business development to fulfill its funding promise to Asuransi Jiwa Bersama Bumiputera (AJBB). AJB anticipated receiving the injection in March. However, the move has not yet materialized on account of the pending administrative process at the Financial Services Authority (OJK). ...