0
Wireless

Line acquires stake in Bank KEB Hana to launch fintech services in Indonesia

Tuesday 30 October 2018 | 06:45 CET | News
Japanese mobile messaging provider Line Corporation, through its subsidiary Line Financial Asia, will acquire 20 percent of Bank KEB Hana Indonesia, through a share subscription agreement. Via this acquisition, Line plans to expand its digital banking services in Indonesia. Under the terms of the agreement, Line Financial Asia will become the second-largest shareholder in Bank KEB Hana, adding digital banking to Line's range of services and contents for its user base in Indonesia.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: Indonesia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Dtac offers rewards for customers who register for e-KYC customer identification service

Published 16 Oct 2020 10:03 CET | Thailand
Thai operator Total Access Communication (Dtac) has introduced special rewards to encourage customers using the Direct Operator ...

TTCL unit T-Pesa signs deal with Korean consortium to offer payment smart card

Published 18 Feb 2019 13:59 CET | Tanzania, United Republic of
TTCL Corporation subsidiary T-Pesa has signed a deal with a South Korean consortium of companies to build a cashless transaction ...

Line names exec to lead banking launch in Taiwan

Published 08 Jan 2019 08:46 CET | Taiwan
Line announced the appointment of Morris Huang as CEO of the Line Bank Preparatory Office, to prepare the launch of its financial ...





Calendar   /   Industry Events

01 Mar Zoom Video Communications Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Ooma Q4
01 Mar Inseego Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar HPE fiscal Q1
02 Mar FuboTV Q4 2020
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
03 Mar Marvell Technology fiscal Q4
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Inwit Q4 2020
04 Mar Telesat Q4
05 Mar Vonage Investor Day
::: More Calendar Items