{
    "success": true,
    "data": {
        "id": 1657542,
        "msgid": "danantara-acquires-state-owned-banks-investment-managers-valued-at-over-rp-2-trillion-1775645615",
        "date": "2026-04-06 08:50:45",
        "title": "Danantara Acquires State-Owned Banks' Investment Managers, Valued at Over Rp 2 Trillion",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Investment",
        "summary": "The Indonesian government, through PT Danantara Asset Management (DAM), has officially taken over the investment management arms of major state-owned banks including Bank Mandiri, BRI, and BNI, in a consolidation valued at over Rp 2 trillion. This move integrates nearly all shares of entities such as PT Mandiri Manajemen Investasi (99.93% for Rp 1.02 trillion), PT BNI Asset Management (99.9% for Rp 359.64 billion), PT BRI Manajemen Investasi (65% for Rp 975 billion), and PT PNM Investment Management (99.999% for Rp 345 billion) under a single entity. The transactions, classified as affiliate deals within the government ecosystem, are not deemed material due to their size relative to the banks' total equity, marking a significant step in streamlining state asset management.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 The government through PT Danantara Asset\nManagement (DAM) has officially taken over all investment management\ncompanies owned by major state-owned banks, namely Bank Mandiri, Bank\nRakyat Indonesia (BRI), and Bank Negara Indonesia (BNI). This step marks\na major consolidation of the asset management industry under single\ncontrol.<\/p>\n<p>Based on disclosures from each issuer, the takeover was carried out\nthrough a series of affiliate transactions signed on 1 April 2026. From\nBank Mandiri\u2019s side, DAM acquired nearly all shares of PT Mandiri\nManajemen Investasi (MMI) at 99.93% with a transaction value of around\nRp1.02 trillion.<\/p>\n<p>Meanwhile, from BNI, PT BNI Sekuritas (BNIS) released 99.9% of shares\nin PT BNI Asset Management (BNI AM) to DAM, valued at Rp359.64 billion.\nFrom BRI, two investment management entities were also included in the\nconsolidation, namely PT BRI Manajemen Investasi (BRI MI) with a 65%\nstake valued at Rp975 billion and PT PNM Investment Management (PNM IM)\nwhich was taken over almost entirely at 99.999% with a value of Rp345\nbillion.<\/p>\n<p>Thus, all investment management business lines owned by state-owned\nbanks are now consolidated under Danantara. Structurally, this\ntransaction is classified as an affiliate transaction because all\nparties remain within the same ecosystem, namely the Government of the\nRepublic of Indonesia.<\/p>\n<p>Although involving jumbo transaction values, all these corporate\nactions are not categorised as material transactions because their value\nis relatively small compared to the total equity of each bank.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/danantara-acquires-state-owned-banks-investment-managers-valued-at-over-rp-2-trillion-1775645615",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}