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Deal! MNC Bank Immediately Increases Capital to Strengthen Digital Capital and Infrastructure

9 June 2021

Jakarta, June 9, 2021 – The shareholders of PT Bank MNC Internasional Tbk (MNC Bank or BABP), a subsidiary of PT MNC Kapital Indonesia Tbk (BCAP) approved the Company’s plan to do non-preemptive rights and rights issuance in today’s EGMS.

The funds obtained from the two corporate actions will be used to strengthen MNC Bank’s capital structure, expand MNC Bank’s lending capacity digitally and users acquisition to support business growth, and most importantly to support the development of MotionBanking as the most integrated digital banking app, including the development of AI based credit scoring and the integration of MotionPay and virtual credit cards (Visa and Mastercard) along with other related fintech apps belonging to MNC Group and external parties.