CIMB Reportedly Among Banks Bidding for HSBC Indonesia Assets

marketscreener
2026.02.27 17:26
portai
I'm PortAI, I can summarize articles.

CIMB Group Holdings Berhad is reportedly among the banks bidding for the assets of HSBC Indonesia, as lenders aim to enhance their presence in Southeast Asia. Other potential bidders include DBS Group, Oversea-Chinese Banking Corporation, United Overseas Bank, and Sumitomo Mitsui Financial Group. HSBC is looking to sell its consumer banking operations in Indonesia, with the assets potentially valued at over USD 200 million.