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Strategic Partnership with Ustad Yusuf Mansur to Increase the Number of MotionBanking’s Users

22 June 2021

Jakarta, June 22, 2021 – The consortium led by Ustad Yusuf Mansur entered into a strategic partnership to buy 250,000,000 BABP shares (PT Bank MNC International Tbk) from Winfly Ltd, an affiliated company of PT MNC Kapital Indonesia Tbk (BCAP).

The agreement between both parties on this transaction includes Ustad Yusuf Mansur’s commitment to promote the MotionBanking account opening to his networks, which is touching a total of 10 million people, from a network of tahfizh houses throughout Indonesia and abroad, including Hong Kong, Taiwan, South Korea, Saudi Arabia, Malaysia, Singapore, Turkey, and Egypt, to the Tahfizh Daarul Qur’an Islamic Boarding School network throughout Indonesia, which now has 48 branches, as well as the Paytren and Treninet networks. With this collaboration, Ustad Yusuf Mansur is confident that he can take part in increasing the number of MotionBanking’s users by at least one million within three months.

The collaboration is one of BCAP’s efforts to grow MotionBanking’s reach in the shortest time possible.

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