SINGAPORE: Singapore-based Oversea-Chinese Banking Corp Ltd (OCBC) is hunting for acquisitions in Indonesia to speed up its growth, aiming to leverage a strong capital buffer built up in recent years, the head of South-East Asia’s second-biggest bank says.
“Indonesia offers a lot of potential. Would I look at inorganic? Yes, I will, when the right thing comes along,” Helen Wong, who took over as chief executive officer (CEO) of the lender in April 2021, told Reuters in an interview.
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