whilst a DBS-Panin Bank merger would place DBS within the top 10. ANZ Group Holdings is offering its 38.8% stake in the Indonesian bank, and the Gunawan family, Panin Bank’s largest shareholder ...

The Australian financial company ANZ Group Holdings Ltd. is considering the possibility of resuming the sale of a stake in the Indonesian bank PT Bank Pan Indonesia (Panin Bank) in order to optimize ...

As per LSEG data, ANZ holds a 39.22% stake, while the Gunawans have a 46.52% interest in the Indonesian lender. Established in 1971, Panin Bank is listed on the Jakarta stock exchange. The ...

Panin Bank’s shares jumped as much as 8.4% Tuesday morning, the biggest intraday gain since Nov. 11. The shares have climbed 66% this year, giving the company a market value of about $3 billion.