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BBYB – Transformation to Digital Banking

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NHKSI Research Team
NHKSI Research Team
NHKSI Research Team
Latest posts by NHKSI Research Team (see all)
  • XA Update Report | PT Avia Avian Tbk. (AVIA) – A Sky Full of Colors: AVIA’s Volume Breakout Year - March 3, 2026
  • XA Update Report | United Tractors (UNTR) 12M25 – Macro Sentiments Boost Prospects - March 3, 2026
  • Daily Report | 3 Mar 2026 - March 3, 2026

Over the last 2 years, BBYB has undergone major changes in ownership The two previous main shareholders, Gozco Capital and ASABRI, have gradually reduced their respective stakes As of August 2021 ASABRI no longer hold any stakes at Bank Neo Commerce. The company has since announced that PT Akulaku Silvrr Indonesia Akulaku would become its controlling shareholder. In order to meet capital requirement from OJK, the bank is planning a Rights Issue which aims to raise IDR 2 5 trillion The regulator has set a minimum capital of IDR 3 trillion by 2022.

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XA Update Report | PT Avia Avian Tbk. (AVIA) – A Sky Full of Colors: AVIA’s Volume Breakout Year

03 Mar 2026

AVIA closed FY25 solidly, with net profit growth of +4.85% YoY to IDR 1.74T due to strong sales volume (FY24: IDR 1.66T | Quarterly basis: +36.7% QoQ & +10.4% YoY, 4Q25: IDR 556B, 3Q25: IDR 407B, 4Q24: IDR 503B) and surpassing our estimation (102% of NHKSI Estimation for FY25).

XA Update Report | United Tractors (UNTR) 12M25 – Macro Sentiments Boost Prospects

03 Mar 2026

UNTR reported a steep 24% YoY decline in net income for FY25 (IDR 14.8 trillion vs 19.5 trillion) as top line slips by 2% (IDR 131.3 trillion vs IDR 134.4 trillion).

XA Geopolitical Update | Middle East Under Fire : US-Israel v Iran, Afghanistan v Pakistan

28 Feb 2026

US-Israel Joint First Strike on Iran. US Military Presence Already Overwhelming. Iranian Counterattack Imminent. The Neighboring Conflict Of Afghanistan- Pakistan’s Border Dispute.

 

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Analysis Report

03 Mar 2026

XA Update Report | PT Avia Avian Tbk. (AVIA) &#...

AVIA closed FY25 solidly, with net profit growth of +4.85% YoY to IDR 1.74T due to stro...

READ MORE

Analysis Report

03 Mar 2026

XA Update Report | United Tractors (UNTR) 12M25...

UNTR reported a steep 24% YoY decline in net income for FY25 (IDR 14.8 trillion vs 19.5...

READ MORE

Daily Report

03 Mar 2026

Daily Report | 3 Mar 2026

Oil and gas prices surged sharply on Monday in New York following Israeli and U.S. stri...

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