PT Bank Jago Tbk (ARTO.JK)
PT Bank Jago Tbk operates in the Banks - Regional industry of the Financial Services sector, headquartered in Jakarta, JB, ID. The stock last traded at $1255.00, up 2.03% on the session, giving a market capitalisation of $17.40T. Its beta of 0.85 implies it has historically moved less than the broad market.
PT Bank Jago Tbk is an Indonesian financial institution primarily serving small and medium-sized enterprises (SMEs) with a wide array of banking solutions. Its deposit products include conventional checking and savings accounts, time deposits, and Sharia-compliant Mudharabah deposits. The bank provides various credit facilities such as working capital, investment, consumer, and multipurpose loans. It also offers working capital financing structured under a murabahah bil wakalah contract and issues bank guarantees. Additional services provided by the company encompass bill payment, remittance options (RTGS/SKN), inter-city and in-city clearing for warkat invoices, ATM access, customer fund account management, and debit card issuance. As of December 31, 2021, PT Bank Jago Tbk maintained an operational network comprising two main branch offices, two sub-branch offices, one Sharia branch, and four automated teller machines (ATMs). The company, originally founded in 1992 as PT Bank Artos Indonesia Tbk, underwent a name change to PT Bank Jago Tbk in June 2020. Its corporate headquarters are located in Jakarta, Indonesia.
PT Bank Jago Tbk is most often compared with the following Financial Services names: