Bank Negara Indonesia Persero Tbk vs Jasa Armada Indonesia Tbk. — how do they compare? Bank Negara Indonesia Persero Tbk trades at Rp3,530 (market cap 130.34T), while Jasa Armada Indonesia Tbk. trades at Rp316 (market cap 1.67T). The key difference: Bank Negara Indonesia Persero Tbk is far larger — about 78× Jasa Armada Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| BBNI | IPCM | |
|---|---|---|
Market Cap | 130.34T | 1.67T |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank Negara Indonesia (Persero) Tbk (“BNI" or “Bank”) was originally established in Indonesia as the central bank under the name “Bank Negara Indonesia” based on Government Regulation in Lieu of Law No. 2 of 1946 dated 5 July 1946. After officially becoming a commercial bank on 15 September 1950, the government granted a foreign exchange license to Bank BNI to facilitate its support for national export development. This task began with the opening of a network of overseas branches.In anticipating, the banking sector deregulation which began in June 1983 and was followed by the October 1988 deregulation package, Bank BNI completely restructured its business operations so as to become more adaptable and flexible in facing increased competition and market development at the time. On 25 November 1996, Bank BNI became the first publicly listed state owned bank when it listed its share on the Jakarta and Surabaya Stock Exchanges.
Read more on BBNI →PT Jasa Armada Indonesia (“the Company") was established based on Notarial Deed No. 24 dated July 10, 2013 of Nur Muhammad Dipo Nusantara Pua Upa, S.H., M.Kn., notary in Jakarta. The Company’s parent is PT Pelabuhan Indonesia II (Persero) and the Company’s ultimate parent is the Government of the Republic of Indonesia.
Read more on IPCM →