Bank SMBC Indonesia Sells $1.1 Billion in Pension Loans to BTN

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Bloomberg Markets 7 hours ago • bloomberg.com

Bank SMBC Indonesia Sells $1.1 Billion in Pension Loans to BTN

PT Bank SMBC Indonesia, a unit of Sumitomo Mitsui Banking Corp, is selling 19.9 trillion rupiah ($1.1 billion) worth of pension loans as it tilts away from its legacy business.

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