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Page 1
      MNC Bank and Bank Sumsel Babel Forge
      Strategic Partnership to Elevate Interbank
      Transaction Efficiency


Jakarta, August 1, 2024 – PT Bank MNC Internasional        it is projected to continue increasing following today's
Tbk (IDX: BABP) or MNC Bank, a subsidiary of PT MNC        MoU signing. Furthermore, both parties can expand
Kapital Indonesia Tbk (IDX: BCAP) and part of MNC          their market reach, leveraging MNC Bank, which is
Group (IDX: BHIT), today signed a Memorandum of            under MNC Group with a vast ecosystem and diverse
Understanding (MoU) with PT Bank Pembangunan               businesses across various sectors, and Bank Sumsel
Daerah Sumatera Selatan dan Bangka Belitung (Bank          Babel's business network.
Sumsel Babel). The ceremony was conducted by Rita
                                                           On this occasion, Rita Montagna, President Director of
Montagna (President Director of MNC Bank) and
                                                           MNC Bank, stated, "The MoU we signed today is
Achmad Syamsudin (President Director of Bank Sumsel
                                                           concrete evidence of our commitment to mutually
Babel), witnessed by Yudi Hamka (President Director of
                                                           support the business operations between MNC Bank
MNC Kapital), Risye Dilianti (President Director of MNC
                                                           and Bank Sumsel Babel," said Rita.
Life), Dimas Aditya Ariyadi (Director of MNC Asset
Management), along with the management teams               Meanwhile, Yudi Hamka emphasized MNC Kapital's
from both sides.                                           continued support for the cooperative initiatives
                                                           established by MNC Bank. "We are certain that the
This agreement demonstrates MNC Bank and Bank
                                                           collaboration between MNC Bank and Bank Sumsel
Sumsel Babel's commitment to supporting each other’s
                                                           Babel will enhance values for both parties and unlock
business operations in various aspects, including, but
                                                           opportunities for further cooperation within the MNC
not limited to, the partnerships of Call Money, Foreign
                                                           Group ecosystem," stated Yudi.
Exchange & Derivatives, Global Master Repurchase
Agreement (GMRA) Repo, White Labeling of MNC               Achmad Syamsudin, President Director of Bank Sumsel
Credit Cards, and Loan Syndications. Additionally, Bank    Babel, expressed, "We warmly welcome the synergy
Sumsel Babel will explore potential collaborations with    between Bank Sumsel Babel and MNC Bank. We hope
other financial units under MNC Kapital, such as MNC       this excellent cooperation will benefit the business
Life, MNC Asset Management, and MNC Sekuritas.             growth of both Bank Sumsel Babel and MNC Bank. We
                                                           also extend our profound gratitude for MNC Bank's
The interbank transaction cooperation between MNC
                                                           trust in Bank Sumsel Babel over the years," said
Bank and Bank Sumsel Babel has been ongoing, with a
                                                           Achmad.
capitalization value exceeding Rp1 trillion to date, and




                                                                                                           PAGE | 1
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About MNC Bank                                                About Bank Sumsel Babel
PT Bank MNC Internasional Tbk (IDX: BABP) or MNC              Bank Sumsel Babel is a leading regional development
Bank is a subsidiary of MNC Kapital that engages in full      bank in South Sumatra and Bangka Belitung,
-service banking activities.                                  committed to supporting regional economic growth
                                                              through various banking services and MSME
MNC Bank offers digital and conventional banking              empowerment programs. With a vision to become a
products and services, including savings accounts, loan       leading and trusted Bank with superior performance
facilities, debit and credit cards, treasury, trade finance   based on digital services, Bank Sumsel Babel
and RDN (Client Fund Account), focusing on consumer,          consistently develops the latest technology for ease of
wholesale, and Micro, Small, and Medium Enterprise            transactions and banking services.
(MSME) segments.
                                                              For more information, visit our website at
MNC Bank also provides digital banking services               (www.banksumselbabel.com). Follow Bank Sumsel
through the MotionBank application and continuously           Babel's social media (@banksumselbabelofficial).
innovates to become a future-ready bank based on
cutting-edge technology.
                                                              Contact:
For more information about MNC Bank, kindly reach             Ahmad Azhari
out to the MNC Bank Call Center at 1500188 or                 Corporate Secretary
MotionBank Customer Service via WhatsApp chat at              corporate.secretary@banksumselbabel.com
08888888888,    visit   www.mncbank.co.id      and
www.motionbank.co.id, and follow MNC Bank's official          PT Bank Pembangunan Daerah Sumatera Selatan dan
social media accounts, @officialmncbank and                   Bangka Belitung
@motionbankingid on Instagram, MNC Bank on                    Jl. Gubernur H. Akhmad Bastari No. 7
Facebook, and @MNCBank on X.                                  Silaberanti Subdistrict, Seberang Ulu I District,
                                                              Jakabaring
Enjoy MNC Bank's digital banking services by
                                                              Palembang, South Sumatra 30967
downloading the MotionBank app on the Play Store or
                                                              Phone: +62711-5228080
App Store via the link bit.ly/MotionBankMNC. To
simplify the process of opening a Tabungan Motion
account,      watch      this    tutorial:   bit.ly/
TutorBuRekdanMPay.


Contact:
Heru Sulistiadhi
Corporate Secretary
heru.sulistiadhi@mncbank.co.id

PT Bank MNC Internasional Tbk
MNC Bank Tower 8/F, MNC Center
Jl. Kebon Sirih Kav 21-27, Menteng
Central Jakarta 10340, Indonesia
Phone: +6221-29805555




                                                                                                             PAGE | 2
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DISCLAIMER

By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws.

The information and opinions contained in this Press Release have not been independently verified, and no representation
or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness
or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on
this Press Release as providing, a complete or comprehensive analysis of the condition (financial or other), earnings,
business affairs, business prospects, properties or results of operations of The Company or its subsidiaries. The information
and opinions contained in this Press Release are provided as at the date of this presentation and are subject to change
without notice. Neither The Company (including any of its affiliates, advisors and representatives) nor the underwriters
(including any of their respective affiliates, advisors or representatives) shall have any responsibility or liability whatsoever
(in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions
contained herein nor for any loss howsoever arising from any use of this Press Release.

In addition, the information contained in this Press Release contains projections and forward-looking statements that
reflect The Company's current views with respect to future events and financial performance. These views are based on a
number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and
contingencies as well as various risks and these may change over time and in many cases are outside the control of The
Company and its directors. No assurance can be given that future events will occur, that projections will be achieved, or
that The Company's assumptions are correct. Actual results may differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or
subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract,
commitment or investment decision in relation thereto.




                                                                                                                        PAGE | 3

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Names mentioned 14 people and organisations named in the text · linked when the evidence is strong

linked org PT Bank MNC Internasional p.1 ×7
possible person Heru Sulistiadhi p.2
unresolved org Bank Sumsel Babel Forge Strategic Partnership p.1
unresolved org PT MNC p.1
unresolved org Kapital Indonesia Tbk p.1
unresolved org Bank Sumsel Daerah Sumatera Selatan p.1
unresolved org Bank Sumsel p.1 ×2
unresolved org Bank MNC Kapital p.1
unresolved org Bank Sumsel Babel p.1 ×7
unresolved org Bank Sumsel Sumsel Babel's p.1
unresolved org Bank Sumsel Credit Cards p.1
unresolved org Bank Call Center p.2
unresolved org PT Bank Pembangunan Daerah Sumatera Selatan p.2
unresolved person H. Akhmad Bastari p.2

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