Bank Julius Baer Boosts Stake in Indonesian Banking Sector

Significant Investment in Bank Capital Indonesia

Bank Julius Baer and Co Ltd Singapore has made a substantial investment in PT Bank Capital Indonesia Tbk (BACA) by increasing its shareholding to 24.033% as of December 31, 2025. This represents a significant increase from the 10% stake held in November 2025. The acquisition adds 4.79 billion shares to Julius Baer's investment portfolio, demonstrating the bank's confidence in Indonesia's financial sector.

Shareholding Structure Changes

The updated shareholding structure of BACA now stands as follows:

• PT Capital Global Investama: 50.66%
• Bank Julius Baer and Co Ltd Singapore: 24.033%
• Public: 25.3%

This change in shareholding structure indicates a strategic move by Julius Baer to strengthen its presence in Indonesia's banking sector. The significant increase in stake suggests confidence in Bank Capital's growth potential and the overall Indonesian financial market.

Market Implications

The increased stake by an international banking player like Julius Baer signals growing confidence in Indonesia's banking sector. This investment could potentially lead to enhanced banking services and greater integration with international financial markets. The move also reflects the attractiveness of Indonesian banks to foreign investors, particularly those looking for growth opportunities in emerging markets.