Bank Danamon and MUFG partnership
Bank Danamon and MUFG partnership
Share:

To tap market demand, Japan Mitsubishi UFJ Financial Group (MUFG) has joined hands with Bank Danamon of Indonesia considering it market potential. This partnership definitely brings harmonization on strong points among both countries’ people.

Elichi Yoshikawa, Deputy President of MUFG, Said that “Both countries have enjoyed a strong relationship for a long time. Indonesia has a large population and achieved big economic growth that will benefit to become huge network businesses in the ASEAN region with a partnership with other countries also.”

Pakistani government approaches China to deliver JF-17 (Block 3) Jet fighter plane as soon as possible

While asking about to choosing Bank Danamon out of the other Indonesian banks, He answered that “Bank Danamon is a 5th largest commercial bank, and bank team has amazing experience and knowledge along with a stable financial base and a large amount of profitability.”

Further, he added that “Our past experience with Bank of Ayudhya in Thailand with a successful investment encourage us to move forward for the deal,”

Business Portfolio reveals that Bank Danamon is good at “Auto Loan” and “Consumer Finance” along with a very solid network in Indonesia and wide customer base. We think that this partnership can provide unique global and local service in internal management and risk management capability.

Digitalization and advanced technology is growing demand of the modern age banking and we hope that with MUFG and Bank Danamon partnership it will jointly fulfil the requirement with their strong partnership. We think that this partnership can provide unique global and local service in internal management and risk management capability.

Donald Trump mocks PM Narendra Modi on financing a library in Afghanistan

Related News
Join NewsTrack Whatsapp group