Bank Danamon Indonesia Tbk vs Tower Bersama Infrastructure Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,425 (market cap 32.17T, 461.4K 24h volume). The key difference: Bank Danamon Indonesia Tbk is the larger of the two by market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.96M versus 461.4K). Which is the better fit depends on your goals.
| BDMN | TBIG | |
|---|---|---|
Market Cap | 40.06T | 32.17T |
Volume | 1.96M | 461.4K |
Lot | 19.62K | 4.61K |
Turnover | 8.11B | 651.82M |
Average Price | 4,134.3 | 1,412.7 |
Value | 8.11B | 651.82M |
Indicative Equilibrium Price | 4,150 | 1,425 |
Indicative Equilibrium Volume | 390 | 1.5K |
Trailing returns across standard periods
Latest headlines on both assets
Bank Danamon (the Bank) domiciled in Jakarta, was established on July 16, 1956, based on the notarial deed No. 134 of Meester Raden Soedja, S.H. The Bank received its permit as a commercial bank the following September 1956, and became a foreign exchange bank in November 1988. During the Asian Financial crisis of 1997, Bank Danamon ran into a liquidity insolvency and was taken over by the government of Indonesia in April 1998, which placed in the care of the Indonesian Bank Restructuring Agency (IBRA) to be included in the bank recapitalization and merger programs. Following a third rights issue by Bank Danamon and the subsequent merging of Bank PDFCI into the Bank on December 30, 1999; the racapitalizaton of Bank Danamon which increased its statutory capital To Rp 10 trillion on May 17, 2000; and the merging of eight private banks (Bank Jaya, Bank Tiara Asia, Bank Pos Nusntara, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Duta and Bank Bank Risjad Salim International) into Bank Danamon on June 30, 2000; Bank Danamon re-emerged as one of Indonesia’s four designated core banks along with Bank Central Asia in the private sector, and with Bank andiri and Bank BNI in the Public sector.
Read more on BDMN →PT Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.
Read more on TBIG →