Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia

Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia

Bangkok Bank and Permata Bank have reiterated their commitment to supporting Thai investors in their investment journey in Indonesia.

Permata Bank is said to be able to assist the investors through its network of 200 branches in Indonesia, the banks said in a joint statement.

“"Bangkok Bank and Permata Bank are ready to leverage their network, services, and local expertise to provide advisory support and facilitate trade and investment into Indonesia,” said Meliza Rusli, president director, Permata Bank.

High-potential industries include the food and beverage sector, which has a market value exceeding $280b, Rusli said.

For example, Thai seasoning products and ingredients are said to be very popular amongst Indonesian consumers and rank among the top imports. “This presents a significant opportunity for Thai entrepreneurs to expand their market presence and trade activities in Indonesia,” she said.

Permata Bank is a member of the Bangkok Bank Group.