Bank BTPN Tbk vs Citra Marga Nusaphala Persada Tbk. — how do they compare? Bank BTPN Tbk trades at Rp2,200 (market cap 23.18T), while Citra Marga Nusaphala Persada Tbk. trades at Rp1,345 (market cap 9.01T). The key difference: Bank BTPN Tbk is far larger — about 2.6× Citra Marga Nusaphala Persada Tbk.'s market cap. Which is the better fit depends on your goals.
| BTPN | CMNP | |
|---|---|---|
Market Cap | 23.18T | 9.01T |
Trailing returns across standard periods
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Bank Tabungan Pensiunan Nasional, PT (the company) was established by notarial deed no.31 dated Feb 16, 1985 of komar Andasasmita, SH. The Bank's Articles of Association have been amended several times, including through Notarial Deed no. 11 dated Mar 3, 2006 of notary Sutjipto, SH. The amendment is to revise the Bank's Articles of Assotiation to comply with the regulation of the Indonesia Stock Exchange and the Capital Markets Supervisory Agency and Financial Institution in relation to the planned initial public offering.The Bank started its commercial operation in banking activities since 1985. Based on the Ministry of Finance decision letter No.135/KM/11/1986, the Bank was granted a license to operate as a commercial bank.
Read more on BTPN →PT Citra Marga Nusaphala Persada Tbk (the Company) was established within the framework of the Domestic Investment Law No. 6 of 1968, as amended by Law No. 12 of 1970 based on Notarial Deed No. 58 dated April 13, 1987 of Kartini Muljadi, S.H.The Company derives its revenues primarily from tollgate proceeds, project management fees and, to a lesser extent, from services related to the operations of a toll way system. The Company started commercial operations on March 1990. On June 19th, 1996, the Tanjung Priok – Jembatan Tiga toll road started commercial operations.
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