Bank Bumi Arta Tbk vs Satyamitra Kemas Lestari Tbk. — how do they compare? Bank Bumi Arta Tbk trades at Rp745 (market cap 2.5T), while Satyamitra Kemas Lestari Tbk. trades at Rp139 (market cap 475.11B). The key difference: Bank Bumi Arta Tbk is far larger — about 5.3× Satyamitra Kemas Lestari Tbk.'s market cap. Which is the better fit depends on your goals.
| BNBA | SMKL | |
|---|---|---|
Market Cap | 2.5T | 475.11B |
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PT Bank Bumi Arta (the company) was established under its original name of PT Bank Bumi Arta Indonesia on Mar 3, 1967 then changed to PT Bank Bumi Arta based on Notaries Deed dated Jul 19, 1989 and the deed of establishment was approved by the the Ministry of Justice dated Sept 14, 1992. The Company was merged with PT Bank Duta Nusantara (d/h PT Bank Pegawai) to improve operational banking network and to increase capital structure.The Company’s articles of association has been amended several times, most recently by notarial deed No. 8 of Fathiah Helmi, S.H., dated Mar 9, 2006, concerning company public offering.
Read more on BNBA →PT Satyamitra Kemas Lestari Tbk (The Company) was established based on Deed of Establishment No. 12 dated July 26, 2001 which was made in the presence of Juniaty Tedjaputra, S.H., a notary in Tangerang.
Read more on SMKL →