Bank OCBC NISP Tbk. vs Paninvest Tbk. — how do they compare? Bank OCBC NISP Tbk. trades at Rp1,245 (market cap 28.05T, 2.25M 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume). The key difference: Bank OCBC NISP Tbk. is far larger — about 9.3× Paninvest Tbk.'s market cap, and Bank OCBC NISP Tbk. is more actively traded (2.25M versus 606.1K). Which is the better fit depends on your goals.
| NISP | PNIN | |
|---|---|---|
Market Cap | 28.05T | 3.03T |
Volume | 2.25M | 606.1K |
Lot | 22.47K | 6.06K |
Turnover | 2.79B | 442.26M |
Average Price | 1,241.71 | 729.68 |
Value | 2.79B | 442.26M |
Indicative Equilibrium Price | 1,245 | 735 |
Indicative Equilibrium Volume | 5.76K | 2 |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank OCBC NISP Tbk, formerly PT Bank NISP Tbk. Bank NISP was established in 1941 based on deed No. 6 dated April 4, 1941 of notary Theodoor Johan Indewey Gerlings, under the name NV. Nederlandsch Indische Spaar En Deposito Bank (NISP). On May 1995 the bank has raised a US$ 19 million loan, to finance its expanding export credits. On 22 September 2010, the Board of Commissioners and Directors of Bank OCBC NISP and PT Bank OCBC Indonesia (Bank OCBC Indonesia) approved the merger plan related to the merger of Bank OCBC Indonesia into Bank OCBC NISP where Bank OCBC NISP will become the surviving Bank. The effective date of the merger of the Bank with PT Bank OCBC Indonesia was determined on 1 January 2011 based on Notarial Deed No. 10 dated 9 November 2010 of Fathiah Helmi, SH., notary in Jakarta.
Read more on NISP →PT Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →