The world's most expensive bank in the frenzy of exercise in cutting expenditures

despite the fact that working in a bank, which has a record value, one should not think that you can squander the company's resources away. It must be the st

The world's most expensive bank in the frenzy of exercise in cutting expenditures

despite the fact that working in a bank, which has a record value, one should not think that you can squander the company's resources away. It must be the st

Ann McDonald
Ann McDonald
30 October 2019 Wednesday 09:00
6 Reads
The world's most expensive bank in the frenzy of exercise in cutting expenditures

despite the fact that working in a bank, which has a record value, one should not think that you can squander the company's resources away.

It must be the staff in the indonesian bank PT Bank Central Asia true, after they have been given a vice-president in the person of Armand Wahyudi Hartono, who on a manic show keep an eye on the company's consumption.

According to the finansmediet Bloomberg, which describes the bank as the world's most expensive, discovered Hartono, after finishing the working day was more of the glass that was still half filled with won, around the offices.

It has got the vice president to respond, and therefore, there are now limitations on how much water each employee may donate up.

What is saved is earned, as the saying goes, but how much or little water employees has been limited to, report history does not matter.

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the Bank has since it hit the public markets in the year 2000, the boom forward, and share in the huge business have risen each and every year apart from the crisis year 2008.

PT Bank Central Asia is one of the world's most expensive banks and has an estimated value of more than 50 billion u.s. dollars, accounting for in the region of 335 billion.

It is particularly due to the growing middle class in Indonesia, that the bank has continuous momentum, and it is also why investors have the courage to continue to put money into the company.

And so has the bank, of course, a management, as the market has a huge trust.

The high valuation of PT Bank Central Asia is warranted because the company has a good security, especially in times of volatility (exchange rate, interest rate and price changes), says Bharat Joshi, investeringsdirektør in Aberdeen Standard Investment Indonesia. A company that owns 170 million shares in the bank.

- We like the bank for many reasons, but most of all because they have the strong management and proven merits.

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Updated: 30.10.2019 09:00
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