Bank BTPN Tbk vs Gunung Raja Paksi Tbk. — how do they compare? Bank BTPN Tbk trades at Rp2,200 (market cap 23.18T), while Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T). The key difference: Bank BTPN Tbk is far larger — about 6.5× Gunung Raja Paksi Tbk.'s market cap. Which is the better fit depends on your goals.
| BTPN | GGRP | |
|---|---|---|
Market Cap | 23.18T | 3.58T |
Indicative Equilibrium Price | — | 296 |
Indicative Equilibrium Volume | — | 3 |
Trailing returns across standard periods
Latest headlines on both assets
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. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
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