Bank DBS Indonesia and PT Trimegah Asset Management strengthen collaboration through investment product | Bahasa
Indonesia.17 Jul 2023.3 min read
Indonesia, 17 Jul 2023 - PT Bank DBS Indonesia and prominent asset management company PT Trimegah Asset Management recently signed a memorandum of Understanding (MoU) to strengthen their commitment to providing quality investment options. The MoU was signed by Rudy Tandjung, Executive Director of Consumer Banking at PT Bank DBS Indonesia, and Antony Dirga, President Director of PT Trimegah Asset Management, in Jakarta.
To mark the inaugural collaboration, Trimegah Asset Management presented Trimegah Fixed Income Plan, a fixed income investment product that invests mostly in corporate bonds with a minimum bond rating A (from Pefindo) and a tenor of less than three years.
Trimegah Fixed Income Plan offers three benefits in a single product, namely investment, periodic income, and life protection. First, the product provides potential investment value growth from bond price appreciation. Second, customers get periodic cash flow through cash dividend that is paid every quarter. Third, the product provides life insurance for free without the need for customers who meet the requirements to undergo a medical examination. These benefits help customers create their financial plans and ensure a stable return potential to achieve their financial goals.
Djoko Soelistyo, Head of Investment and Insurance Product at PT Bank DBS Indonesia, said, "We are pleased to be able to work with Trimegah Asset Management to bring Trimegah Fixed Income Plan so that we can provide more diversified investment options for Bank DBS Indonesia’s customers. With the product now available in the digibank by DBS application, we hope that customers can seize opportunities, optimise financial planning, and diversify their investment portfolios at their fingertips anywhere and anytime, bringing them closer to their financial goals. In the future, we hope this partnership will continue and expand to meet all of our customers' preferences."
PT Trimegah Asset Management, a subsidiary of PT Trimegah Sekuritas, offers and manages more than 50 investment options with IDR30.76 trillion in total funds under management per June 2023. The products managed by PT Trimegah Asset Management are also distributed on various platforms, including the digibank by DBS application, to increase customer access to its investment products.
President Director of PT Trimegah Asset Management Antony Dirga stated that, "As an investment management institution with more than 25 years of experience and having managed more than 50 mutual funds in various asset classes, we are excited to expand our product portfolio with the partnership with Bank DBS Indonesia. Our robust mutual fund products, combined with Bank DBS Indonesia's strong presence in the banking industry, will enable us to reach a wider audience and educate customers on the investment benefits of professionally managed mutual funds."
Trimegah Fixed Income Plan has been offered on the market since mid-June 2023 and are available on the digibank by DBS application. In addition to making it easier for customers to transact, the digibank by DBS application also enables customers to monitor their investment performance in real-time and analyse portfolios quickly based on data from Infovesta as an independent third party. This is in line with digibank by DBS' mission to become a full-fledged digital bank that can support customers in managing their finances and conducting all banking activities in the palm of their hand. Trimegah Fixed Income Plan further strengthens the capabilities of digibank by DBS’ digital banking services, making it easier for customers to enjoy life more without the hassle of banking or 'Live more, Bank less'.
For more information about DBS investment products, please visit dbs.id/id/treasures-id.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com
To mark the inaugural collaboration, Trimegah Asset Management presented Trimegah Fixed Income Plan, a fixed income investment product that invests mostly in corporate bonds with a minimum bond rating A (from Pefindo) and a tenor of less than three years.
Trimegah Fixed Income Plan offers three benefits in a single product, namely investment, periodic income, and life protection. First, the product provides potential investment value growth from bond price appreciation. Second, customers get periodic cash flow through cash dividend that is paid every quarter. Third, the product provides life insurance for free without the need for customers who meet the requirements to undergo a medical examination. These benefits help customers create their financial plans and ensure a stable return potential to achieve their financial goals.
Djoko Soelistyo, Head of Investment and Insurance Product at PT Bank DBS Indonesia, said, "We are pleased to be able to work with Trimegah Asset Management to bring Trimegah Fixed Income Plan so that we can provide more diversified investment options for Bank DBS Indonesia’s customers. With the product now available in the digibank by DBS application, we hope that customers can seize opportunities, optimise financial planning, and diversify their investment portfolios at their fingertips anywhere and anytime, bringing them closer to their financial goals. In the future, we hope this partnership will continue and expand to meet all of our customers' preferences."
PT Trimegah Asset Management, a subsidiary of PT Trimegah Sekuritas, offers and manages more than 50 investment options with IDR30.76 trillion in total funds under management per June 2023. The products managed by PT Trimegah Asset Management are also distributed on various platforms, including the digibank by DBS application, to increase customer access to its investment products.
President Director of PT Trimegah Asset Management Antony Dirga stated that, "As an investment management institution with more than 25 years of experience and having managed more than 50 mutual funds in various asset classes, we are excited to expand our product portfolio with the partnership with Bank DBS Indonesia. Our robust mutual fund products, combined with Bank DBS Indonesia's strong presence in the banking industry, will enable us to reach a wider audience and educate customers on the investment benefits of professionally managed mutual funds."
Trimegah Fixed Income Plan has been offered on the market since mid-June 2023 and are available on the digibank by DBS application. In addition to making it easier for customers to transact, the digibank by DBS application also enables customers to monitor their investment performance in real-time and analyse portfolios quickly based on data from Infovesta as an independent third party. This is in line with digibank by DBS' mission to become a full-fledged digital bank that can support customers in managing their finances and conducting all banking activities in the palm of their hand. Trimegah Fixed Income Plan further strengthens the capabilities of digibank by DBS’ digital banking services, making it easier for customers to enjoy life more without the hassle of banking or 'Live more, Bank less'.
For more information about DBS investment products, please visit dbs.id/id/treasures-id.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com
