Bank Danamon

MUFG and Indonesia’s Danamon establish US$100m fund

MITSUBISHI UFJ Financial Group (MUFG) subsidiaries MUFG Innovation Partners (MUIP) and MUFG Bank have established a US$100 million fund with Bank Danamon Indonesia, a commercial bank in Indonesia. 

Indonesia welcomes foreign banks following MUFG's Danamon deal

Indonesia welcomes foreign banks following MUFG's Danamon deal

Jakarta is looking to boost lending and fund ambitious infrastructure projects