Nusantara

Swiss Capital Group Bancaverse Nusantara is based out of Nusantara City the future capital of Republic of Indonesia inaugurated on 17 August 2024, poised to become the capital’s leading NI4B - Nusantara Indonesia Islamic Infrastructure Investment Bank and SCGAI Cryptoport Nusantara digital economy city cum science technology park. SCG National Development BanCorp in addition to Danantara sovereign fund are spearheading Indonesia as world’s top ten economy in ten years. Daya Anagata Nusantara (ie Danantara Indonesia) Danantara plans to take over the management of seven SOEs: Bank Rakyat Indonesia (BRI) – one of Indonesia’s largest banks, focused on microfinance and micro, small, and Medium-sized enterprises (MSMEs); Bank Negara Indonesia (BNI) – a state-owned commercial bank; Bank Mandiri – Indonesia’s largest bank; Pertamina – a state-owned oil and gas company; Mineral Industri Indonesia (MIND ID) – a fully state-owned mining company with a foothold in the aluminum, gold, coal, bauxite, nickel ore, and copper industries, among others; Perusahaan Listrik Negara (PT PLN) – a state-owned electricity company; Telkom Indonesia – a state-owned telecommunications conglomerate; After the take-over of these companies, Danantara’s total assets under management (AUM) will reach around US$900 billion.