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Bank Neo has spent IDR 200 billion of its CapEx for technology development

29 April 2021 05:55

JAKARTA. The capital expenditure (CapEx) consumption of PT Bank Neo Commerce Tbk (BNC) has reached IDR 200 billion. It was allotted to technology development and digital operational equipment.

“We are already at IDR 150 billion to IDR 200 billion [of CapEx]. In the future, we expected the number to be double or triple,” Tjandra Gunawan, the President Director of BNC, explained on Wednesday (28/4).

According to Gunawan, the technology development that the company would conduct would not use trial-and-error method. This decision means that the users would not be burdened by disrupting technical issues.

Gunawan also ensured that the technology application made for the bank has been ready and reliable to use as it has collaborated with Huawei, Tencent, and Sunline. The company has more than 30 simultaneous digital development projects. (AM/ZH)

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