Bank Bumi Arta Tbk vs Guna Timur Raya Tbk. — how do they compare? Bank Bumi Arta Tbk trades at Rp745 (market cap 2.5T), while Guna Timur Raya Tbk. trades at Rp422 (market cap 183.57B). The key difference: Bank Bumi Arta Tbk is far larger — about 13.6× Guna Timur Raya Tbk.'s market cap. Which is the better fit depends on your goals.
| BNBA | TRUK | |
|---|---|---|
Market Cap | 2.5T | 183.57B |
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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 Guna Timur Raya (the Company) was established based on Notarial Deed No. 18 dated February 29, 1980 of Notary Jacinta Susanti, SH, under the name of PT Timur Jaya.
Read more on TRUK →