15% Free Float Rule and KBMI I Consolidation: All-in-One Strategy to Reinforce Mini Banks
OJK plans to increase the free float requirement to 15%, aiming to align with global standards and drive consolidation in KBMI I banks, enhancing capital and strategic partnerships.
(Bisnis.Com) 01/01/70 07:00 124938
Bisnis.com, JAKARTA — The Financial Services Authority’s (OJK) plan to raise the minimum public shareholding, or free float, to 15% goes far beyond a capital market adjustment.
In the banking sector, the policy is poised to intersect directly with a broader strategic agenda: the consolidation of Core Capital Group I (KBMI I) banks, which in recent years have been encouraged to move up a tier, strengthen their capital base, and secure strategic partners.
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