Business deals
Tokyo-based financial group bolstering operations through Southeast Asia
SBI has also invested in companies in Singapore to promote cross-border settlement and securities trading. (Photo by Nikkei)
RYUTA MINAMIHATA
August 28, 2026 02:01 JST
TOKYO — Japanese financial group SBI Holdings is set to spend $270 million to take a 20% stake in Ajaib Group, a major Indonesian online brokerage, as early as this month, making the Southeast Asian company an equity-method affiliate.
