Grab Becomes Majority Shareholder in Superbank
Jakarta (ANTARA) - Grab has officially solidified its position as the majority shareholder of PT Super Bank Indonesia Tbk, also known as Superbank (IDX: SUPA), with total ownership exceeding 50 per cent. This increase in ownership was achieved through a series of transactions within the Grab ecosystem, including share purchases by A5-DB Holdings and GXS Pte. Ltd. in May 2026, establishing Grab as the majority shareholder in Superbank.
In a statement in Jakarta on Tuesday, the President Director of Superbank, Tigor M. Siahaan, stated that support from the Grab ecosystem enables the company to provide banking services that are more relevant, accessible, and value-added for the public. “Moving forward, we will continue to strengthen product innovation, expand access to responsible financing, and deliver an increasingly seamless digital banking experience for millions of Indonesians,” he said.
A primary driver of this growth is the ‘Pinjaman Atur Sendiri’ (Self-Managed Loan) product, which is available directly within the Grab and OVO applications, providing faster, safer, and easier access to financing for millions of users. This business growth has been accompanied by a significant increase in profitability; during the four-month period ending 30 April 2026, Superbank recorded a pre-tax profit of Rp142 billion, an increase of 1,529 per cent compared to the same period the previous year.
Meanwhile, the CEO of Grab Indonesia, Neneng Goenadi, stated that with its position as the majority shareholder of Superbank, the company is further strengthening its commitment to providing inclusive and relevant digital financial services for the Indonesian people. Together with Superbank, Neneng added, the company will continue to introduce innovations and strengthen the ecosystem to provide tangible benefits for driver partners, MSME partners, users, and the wider community.