"Merged banks will have greater capacity to invest especially in technology. We hope is heading that way," OJK chief commissioner Wimboh Santoso said here on Friday.
Wimboh said banking industry needs to be backed up with advancing technology to keep pace with the modernity and technology is not cheap.
"All banks should have up-to-date technology, but not all banks singly could afford the investment. Therefore, merger is needed to combine strength," he said.
It was reported that PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) plans merger with PT Bank Sumitomo Mitsui Indonesia, but OJK has not received official report about the plan, Wimboh said.
PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) said it was in the process of studying and technical preparation for the merger plan with PT Bank Sumitomo Mitsui Indonesia (SMBCI).
"The bank already received a letter from the shareholders of Sumitomo Mitsui Banking Corporation on 25 January 2018, on the merger plan," Director and Corporate Secretary of BTPN Anika Faisal said.
Faisal said the planned merger was in line with the suggestion of the OJK to improve efficiency and maximize banking synergy.
(AS/H-YH)
(T.SYS/B/H-ASG/B/H-YH)
Reporter: antara
Editor: Heru Purwanto
Copyright © ANTARA 2018
