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SBI Holdings Joins Amar Bank as New Shareholder, Strengthening Global Confidence in Indonesia’s Digital Banking Sector

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JAKARTA, INDONESIA – Media OutReach Newswire – 9 October 2025 – PT Bank Amar Indonesia Tbk. (“Amar Bank”, IDX: AMAR), a pioneer in digital banking serving the retail and MSME segments, today announces that SBI Holdings, Inc. (“SBI Holdings”, TYO:8473), a leading Japanese financial services conglomerate, has taken a stake in Amar Bank. Following this transaction, SBI Holdings now holds more than 5% of Amar Bank’s shares, making it the third-largest institutional investor after Tolaram Pte. Ltd (“Tolaram”) and PT Jagat Raya Imajinasi.

This marks a new chapter in Amar Bank’s growth journey and underscores the confidence of global investors in the future of Indonesia’s digital banking industry.

President Director of Amar Bank, Vishal Tulsian said “We are excited to welcome SBI Holdings on board and look forward to working closely with them to unlock new opportunities. We aim to collaborate with their portfolio of companies and leverage their strong financial services ecosystem to share expertise, build synergies, and ultimately deliver even greater value to our retail and MSME customers across Indonesia.”

MD, Fintech & Infrastructure of Tolaram, Navin Nahata added “As the controlling shareholder of Amar Bank, we believe that SBI Holdings’ entry as a shareholder continues to validate Amar Bank’s strategy and mission to revolutionise banking services for Indonesia’s retail and MSME customers. By bringing together all our respective capabilities and expertise, we are confident that this will further accelerate Amar Bank’s roadmap and support its efforts to expand access to financial services, enhance customer experience, and create sustainable impact for retail and MSME segments in Indonesia.”

Backed by strong global and local partners, Amar Bank remains committed to driving innovation, expanding financial inclusion, and creating lasting impact for Indonesia’s underserved retail and MSME customers.

Hashtag: #AmarBank

The issuer is solely responsible for the content of this announcement.

About Amar Bank

PT Bank Amar Indonesia Tbk. or Amar Bank (stock code: AMAR) is an Indonesian digital bank listed on the Indonesia Stock Exchange (IDX). Founded in 1991, it was relaunched as Amar Bank in 2015, since then the bank has undergone significant digital transformation to become one of the pioneers of fintech institutions through the Tunaiku digital loan platform, which has won various awards. Tunaiku is Indonesia’s first application-based digital loan platform that utilises big data and predictive analytics to serve the unbanked and underserved population in Indonesia. Tunaiku provides personal loans to individuals and MSMEs with applications processed and approved within 24 hours. In 2020, Amar Bank launched the first cloud-based mobile smart bank in Indonesia, which adopts new AI technology to promote good savings habits and strengthen personal financial discipline.

About SBI Holdings

Founded in 1999, the SBI Group is a comprehensive internet financial group that operates Financial Services Business, centering on securities, banking, and insurance, as the pioneer of internet-based financial services in Japan. The Group is committed to providing lower-cost and highly convenient products and services through the internet. In addition to its core financial services operations, the SBI Group also engages in Asset Management Business, PE Investment Business, Crypto-asset Business, and Next Gen Business on a global scale.

About Tolaram
Tolaram is a family-owned, professionally managed business headquartered in Singapore, investing in emerging markets to build brands that drive growth and positive impact. Established in 1948, it has evolved from a single retail shop into a diversified global enterprise spanning consumer goods, fintech, infrastructure, and industrial sectors across Africa, Asia, and Europe. In Africa and the Middle East, Tolaram is among the largest consumer goods companies, producing and distributing food, beverage, personal and home care products with partners including Indofood, Arla, Kellanova, Colgate-Palmolive and Diageo. In Nigeria, it developed Lagos Free Zone with an integrated deep-sea port. Outside of Africa, Tolaram owns and operates the only sustainable sack kraft paper producer in the Baltics. In Indonesia, Tolaram drives financial inclusion through Amar Bank, the country’s first pure-play digital bank with an award-winning lending platform, and Insureka, which provides affordable and flexible motor insurance products.

For more information, please visit:
Website : &
Facebook : Amar Bank / Tunaiku
Twitter : @amarbankID / @tunaikucom
Instagram : @amarbank.id / @tunaikucom
Instagram : @lifeatamar.tunaiku
LinkedIn : Amar Bank / Tunaiku

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Swiss-Belhotel International Continues To Expand In Malaysia

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HONG KONG SAR – Media OutReach Newswire – 12 November 2025 – Swiss-Belhotel International, the global hospitality management group, has signed a Memorandum of Understanding (MOU) with Malaysia’s leading property developer, Sheng Tai International, to explore collaborations in hotel development and management.

The agreement marks the beginning of a strategic partnership aimed at developing, branding, and managing future hospitality projects under Swiss-Belhotel International’s recognized portfolio. The collaboration will focus on introducing internationally branded hotels across Malaysia, within Sheng Tai International’s upcoming mixed-use and luxury developments.

Gavin M. Faull, Chairman and President of Swiss-Belhotel International, expressed his enthusiasm about the partnership:
“We are delighted to collaborate with Sheng Tai International, a visionary developer that shares our commitment to excellence and innovation. Malaysia has long been an important market for Swiss-Belhotel International, and this MOU represents a significant step toward expanding our presence through new, world-class properties that embody our philosophy of Passion and Professionalism™.”

Dato’ Leong Sir Ley, Founder, Chairman and Group President/CEO of Sheng Tai International, shared:
“Melaka has always held a strategic position on the world map, serving as a vibrant hub for entrepreneurs and traders since the 14th century. With its rich cultural heritage, Melaka continues to be a destination of global importance. Today, the Straits of Melaka remains one of the busiest maritime routes in the world, while the city is thriving with international tourism and investment. This collaboration with Swiss-Belhotel International will not only elevate the hospitality landscape in Melaka but also contribute significantly to the local economy. By combining Swiss-Belhotel International’s global expertise with Sheng Tai International’s vision and developments, we believe this partnership will create outstanding growth opportunities, benefitting both our organizations and the communities we serve.”

Edward J. L. Faull, Executive Director and Senior Vice President – Group Technical Services & Projects, and Senior Vice President – Operations & Development of Swiss-Belhotel International, added:
“This collaboration with Sheng Tai International highlights our shared vision to create high-quality, internationally branded hotels that complement Malaysia’s evolving tourism landscape. We aim to develop exceptional hospitality experiences that reflect the character of each destination while upholding Swiss-Belhotel International’s standards.”

This strategic alliance explores opportunities for Swiss-Belhotel International to manage hospitality components within Sheng Tai International’s premium developments, including beachfront and mixed-use projects in Melaka and other key destinations. The partnership aligns with both organizations’ vision to create high-value tourism and lifestyle destinations, advancing hospitality excellence.

Hashtag: #SwissBelhotelInternational #ShengTaiInternational

The issuer is solely responsible for the content of this announcement.

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TrustPal Leadership Dialogue 2025: Driving the Regional Estate Planning Platform and Financial Advisory Efficiency

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SINGAPORE – Media OutReach Newswire – 12 November 2025 – Simplyfi TrustPal, a leading Financial Operating System (OS) provider for financial advisory firms and advisers, is proud to announce the overwhelming success of its exclusive event, the ‘TrustPal Leadership Dialogue 2025’, held on November 5th, with venue support from Precepts Group International. The event convened key industry figures and strategic partners to unveil the platform’s solutions, directly addressing the core operational and advisory challenges currently faced by Financial Advisory (FA) firms and their clients across the entire planning domain.

Key industry figures gathered at the TrustPal Leadership Dialogue on November 5th

The successful event demonstrated a unified vision, reinforcing TrustPal’s role as a vital partner for FA firms seeking scalable, compliant, and modern solutions across the region. We believe that deep industry experience is essential for true innovation. TrustPal is focused on leveraging practical knowledge to build sophisticated technology that is both accessible and highly efficient, bringing about positive change in the competitive landscape for financial advisory firms.

The commitment to practical, effective technology was perhaps best encapsulated by Mr. Lee Chiwi, CEO of Precepts Group International as well as TrustPal’s Strategic Adviser, who remarked on the platform’s launch: “The Trustpal platform will be a game changer and help advisers facilitate regional estate planning. The set up of trusts will be democratized in this eco- system and be central to any client looking to house and manage his insurance, investment and other assets. The time is ripe and opportunities in abundance”

Accordingly, TrustPal’s system was strategically structured around the DAAS (Distribution as a Service) core, which seamlessly integrates pre-sale and post-sale dashboards to optimise the entire Financial Advisor (FA) workflow. The core value lies in enhancing both revenue generation and operational efficiency. Focusing on the pre-sale process, the 开源-expand revenue solution provides a profitable pathway for FA firms to seamlessly integrate and monetise specialised estate planning services. This model not only expands the service offerings of partner firms but also strengthens the overall ecosystem by outlining clear protocols for rapidly and effectively onboarding new advisers, thereby scaling regional coverage with proven success. Concurrently, the post-sale focus highlighted the revolutionary capabilities of the 节流-reduce expenditure solution itself, explicitly designed for day-to-day backroom hassle-free for FA firms. This ease of adoption is critical, eliminating onboarding friction. Beyond deployment, the DAAS platform ensures firms can achieve unprecedented operational efficiency by providing automated, real-time tracking of case progress and highly accurate commission processing, allowing advisors to dedicate more time to clients rather than administration.

The platform’s long-term vision was clearly delineated through its robust commitment to AI innovation and compliance. Mr. Vin Tan, CEO, affirmed the company’s strategic direction, highlighting a major milestone:

“Our rigorous application process over the last six months has culminated in a significant achievement: securing the Financial Industry Innovation Grant. This milestone is a powerful endorsement of our strategy to integrate AI and Trust architecture into the core of financial planning. It ensures that TrustPal will not only meet future regulatory standards but actively lead the market with pioneering projects like the AI ParaPlanner and Trust Wrapper, setting a new standard for secured and automated financial and legacy management.”

This strategic commitment is further solidified by the concrete details of the two core projects being funded under the Financial Industry Innovation Grant, scheduled for launch in upcoming years. AI ParaPlanner is designed to boost pre-sale efficiency by focusing on intelligent information collection, financial analysis, product comparison, and solution suggestion. Meanwhile, Trust Wrapper addresses security and standardisation in execution, enabling instant, secure trust creation via digital onboarding, automated cash management, 24/7 access, and seamless integration with external financial networks.

The showcase drew strong support from a powerful coalition of industry leaders, including prominent Regional Estate Planning and Finance firms, specialized FinTech and AI solution providers, as well as leading financial advisory and professional services agencies. This diverse representation of the industry’s most influential figures in Estate Planning and Financial Planning confirms a collective belief in the platform’s vision and solidifies TrustPal’s role as the central technological hub for regional estate planning and legacy management.

While firms seeking to eliminate onboarding friction, achieve compliance leadership, and decisively future-proof their service plannings are strongly encouraged to engage immediately, TrustPal’s effort has not just marked a new era in regional estate planning, but it has defined the future. The success of the showcase is a catalyst for change, moving the industry beyond traditional models.

TrustPal sends a strong signal that we are building a collaborative ecosystem among FA Firms, Trustees, and Insurers. We welcome them to join, and we want to build success together.

Connect with TrustPal today to begin building the next generation of financial and legacy management, and join us in our long-term goal for regional market expansion and consolidation!

If you’d like to explore how TrustPal can support your firm’s roadmap or experience a closer walkthrough, you can book a 1-to-1 demo here: Book a Demo.

Hashtag: #TrustPal #TrustPalLeadershipDialogue #FinancialPlanning #EstatePlanning #Advisory


The issuer is solely responsible for the content of this announcement.

About Simplyfi TrustPal

Simplyfi TrustPal is a pioneering FinTech OS provider dedicated to transforming the landscape of financial and legacy management. Our core mission is to provide financial advisory firms and professional consultants with cutting-edge, automated solutions for Estate Planning and Trust setup. By seamlessly automating complex workflows, TrustPal enables partners to achieve unprecedented levels of efficiency, scale their service offerings, and deliver a superior, reliable customer experience in the sensitive area of intergenerational financial transfer.

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First Partnership with Kaspi: UnionPay Cards Achieve almost full Acceptance in Kazakhstan

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ASTANA, KAZAKHSTAN – Media OutReach Newswire – 12 November 2025 – UnionPay International (UPI) announced its first-ever partnership with Kaspi, the second-largest bank in Kazakhstan, enabling all ATMs and contactless POS terminals of Kaspi to accept UnionPay cards with multiple payment methods including card insertion and QuickPass tapping. This collaboration elevates UnionPay’s acceptance rate to nearly 100% for POS terminals and 90% for ATMs across Kazakhstan, with breakthroughs achieved among small and medium-sized merchants in border areas and small-to-medium towns. It marks a qualitative leap in UnionPay’s local acceptance network and provides solid support for China-Kazakhstan cross-border payments and people-to-people exchanges.

The partnership spans high-frequency consumption scenarios across Kazakhstan, including premium and everyday supermarkets, gas stations, beauty stores, and fast-food restaurants. It significantly enhances the payment experience for UnionPay cardholders locally. This development aligns well with the growing personnel exchanges since the China-Kazakhstan mutual visa exemption agreement to effect: in the first half of 2025, Chinese tourists’ arrivals in Almaty reached 54,100, a year-on-year increase of 33.4%. UnionPay’s expanding network now delivers more efficient, convenient payment support for cross-border travel and business.

This collaboration represents a key milestone in UnionPay’s nearly two-decade dedication to Kazakhstan. UnionPay cardholders can flexibly use diverse payment methods such as swiping, tapping, and mobile Pay at popular attractions like Shymbulak Ski Resort and Kok Tobe, as well as in mobility scenarios including Yandex Go rides, urban public transport, and Air Astana services.

To date, millions of UnionPay cards have been issued in Kazakhstan, with their transaction volumes in China surging nearly threefold year-on-year in H1 2025. The partnership with Kaspi not only solidifies the foundation of UnionPay’s local payment network but also reinforces its role as a key financial link between China and Kazakhstan, facilitating the connection of financial infrastructure and people-to-people exchange between the two countries.

Hashtag: #UnionPay

The issuer is solely responsible for the content of this announcement.

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