Grab Holdings To Consolidate Superbank After Stake Transfer To GXS Bank
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Grab Holdings Ltd. plans to consolidate PT Super Bank Indonesia Tbk after Singtel Alpha Investments transfers its stake to GXS Bank, Grab's digital banking subsidiary. This transaction, expected to complete by May 2026, will give Grab over 50% stake in Superbank, making it a subsidiary. Superbank, serving over 6 million customers, reported significant growth and its first profit in fiscal 2025. Grab will update its financial guidance in August 2026.
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