Mirae Asset & Bank DBS Indonesia Introduce M-STOCK Online Retail Bond | Bahasa

Indonesia, 27 Feb 2025 - PT Mirae Asset Sekuritas Indonesia collaborates with PT Bank DBS Indonesia to introduce a new investment instrument in the form of government bonds marketed to retail investors through the M-STOCK platform. This initiative aims to provide easier and more affordable access for retail investors to invest in Government Securities (SBN). With this collaboration, investors have a more stable investment alternative that can be used as a portfolio diversification strategy, especially amid high market volatility. The launch event was attended by Tae Yong Shim, CEO of Mirae Asset; Lim Chu Chong, President Director of PT Bank DBS Indonesia; Puneet Punj, Director of Global Financial Markets at PT Bank DBS Indonesia; Tomi Taufan, Director of Mirae Asset; along with the board of directors and management from both parties.

Currently, government bonds are one of the conservative investment options that can help retail investors navigate market instability. However, retail investors typically do not have readily available access to invest in these instruments as they require a minimum purchase.

M-STOCK Online Retail Bond provides investors with access to purchase government bonds, including conventional Government Securities (SBN) and Sharia Government Securities (SBSN/sukuk negara), which are known for their low risk and are guaranteed by law.

Tae Yong Shim, CEO of Mirae Asset stated, “Mirae Asset, in collaboration with Bank DBS Indonesia, presents an innovation through M-STOCK Online Retail Bond, a solution that provides convenience for retail investors. This platform is designed with advanced, real-time technology, seamless, and affordable, with a minimum purchase starting from IDR 1 million. Bonds themselves offer greater stability compared to stocks due to their more controlled movements compared to other investment instruments. Additionally, bonds have the advantage of providing fixed income paid periodically through coupon interest.”

Several advantages of transacting retail bonds on the M-STOCK application include real-time features supported by the Application Programming Interface (API) from Bank DBS Indonesia. This enables Mirae Asset customers to obtain the best prices for government bonds directly, whether for buying or selling transactions, providing them with greater efficiency, transparency and cost-effectiveness.

Chu Chong Lim, President Director of PT Bank DBS Indonesia stated, “As a trusted partner for business growth, we are ready to create greater value for our customers. By combining Bank DBS Indonesia's expertise in digital banking with Mirae Asset's strengths in investment and asset management, we will provide comprehensive financial services that empower individuals and businesses. Together, we will enhance accessibility to investment products, strengthen financial literacy, and foster a culture of responsible investing.”

Puneet Punj, Director, Global Financial Markets at Bank DBS Indonesia, said, “Overall, despite the external challenges, the Indonesian bond market in 2025 offers attractive prospects for investors. Support from monetary and fiscal policies, along with the potential for interest rate cuts, is expected to enhance the appeal and returns of investments in the domestic bond market.”

The collaboration between Mirae Asset and Bank Indonesia is not the first. In 2024, PT Bank DBS Indonesia and PT Mirae Asset Sekuritas Indonesia collaborated to introduce the Customer Fund Account (RDN) service. This service was initiated to facilitate investments and enhance capital market literacy.

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About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 16 consecutive years from 2009 to 2024.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices and 4 Functional Offices and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services that focus on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees, and the community towards a sustainable future. 

PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

About PT Mirae Asset Sekuritas Indonesia
PT Mirae Asset Sekuritas Indonesia is part of the global non-bank financial services group Mirae Asset Financial Group, which had approximately US$550 billion (equivalent to Rp 8,000 trillion) in assets under management at the end of last year.

The company is one of the largest and best securities companies in Indonesia and is the most active exchange member in the stock market because the volume and frequency of trading of the company's customer shares is one of the largest since the last 4 years.

Mirae Asset is currently licensed as a Broker-Dealer (PPE), Underwriter (PEE), and Mutual Fund Selling Agent (APERD).

The value of adjusted net working capital (MKBD) also shows the healthy operation of the company and is one of the largest. Mirae Asset's MKBD was around Rp1.32 trillion in the past year.

This figure is well above the minimum requirement set by the rules and regulations for securities companies, which is Rp25 billion, along with other provisions.