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Trades about 50% below its sector, cheaper than its peers on earnings.
PT Bank Neo Commerce Tbk is an Indonesian financial institution that offers a comprehensive range of commercial banking products and services. Its offerings include various checking and savings accounts, deposit options, credit facilities, and other financial services. As of December 31, 2021, the company maintained a presence in Jakarta with one principal branch, eleven standard branch offices, and five sub-branch locations. Established in 1989, the bank was formerly known as PT Bank Yudha Bhakti Tbk before officially changing its name to PT Bank Neo Commerce in September 2020. Its headquarters are situated in Jakarta, Indonesia.
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