Astra International completed the acquisition of a 49.56% stake in Bank Jasa Jakarta for $259m.

Astra International, a Indonesian conglomerate, completed the acquisition of a 49.56% stake in Bank Jasa Jakarta, a lender, for $259m. "Investment in BJJ is in line with Astra aspirations in financial services pillars to become leading retail financial providers in Indonesia and support the growth of financial services industry as well as the economy of Indonesia," Djony Bunarto Tjondro, Astra President Director.