Bank BPR Modern Express, Occupies Rank Two National

The corporate action of merging 10 Bank BPR Group PT Modern Multiartha as the controlling shareholder, was carried out on April 28, 2023 and made history as the first merger of legal entities or mergers carried out by BPRs across provinces for BPR institutions.

In the corporate action to merge legal entities/merger, Bank BPR Modern Express became a BPR bank which received a merger with a network of service offices spread across 15 provinces in Indonesia.

Mr. Darwisman, Head of the Financial Services Authority (OJK) Regional 6 Sulawesi, Maluku and Papua, in his remarks given while attending the Merger Thanksgiving ceremony held at the BPR Modern Express Bank head office in Ambon city, Tuesday 13 June 2023 stated, This merger has an impact on the business scale of BPR Modern Express, becoming very large, with assets of more than 6 trillion, close to 7 trillion, making Bank BPR Modern Express rank second nationally in terms of assets.

OJK hopes that Bank BPR Modern Express will play a significant role in encouraging and improving the MSME economy and society,” continued Darwisman.

Reporting from Ambon Ekspress, Wednesday, June 14, 2023

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